COMMODITIES GIANT Glencore is under the microscope again after the Zambian government drafted in Grant Thornton to examine the tax affairs of Mopani, its second-biggest miner.
It found Mopani under-priced the copper it sold to Glencore – its only customer – in order to slash its tax bill; there were also accusations of personal costs being inflated.
Zambia has called on Mopani to repay the taxes it “evaded”, while Glencore denies the allegations.
Carter Backer Winter has acquired Edwards Financial Services, expanding its financial planning department
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton
Colin responds to the call for 'Darwinism' in accountancy
A new partner, Dermot Callinan, has joined Saffery Champness from KPMG where he was recently the head of the UK private client advisory team