KPMG courts controversy over MF Global client details
MF Global clients angry as KPMG publishes their details
PRIVATE CLIENTS of collapsed investment bank MF Global are angry that KPMG administrators have published their details in the creditors report.
Insolvency legislation allows for parts of the report to be redacted under application from administrators, however KPMG’s join special administrators decided against such action, reported the FT.
James Nicholls, an insolvency lawyer acting for a creditor group, said the special administrators should have protected private client identities.
The list includes details of individuals from across the world, including Switzerland, Italy and the US.