UPDATE 1-Bulgaria charges KPMG auditors over Corpbank activities

April 8, 2015 4:57 PM

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SOFIA, April 8 (Reuters) - Prosecutors charged two auditors from the Bulgarian unit of consulting firm KPMG on Wednesday with not reporting shortcomings in the activities of Corporate Commercial Bank (Corpbank) to the central bank.

The Bulgarian prosecutors said in a statement that they had also charged the head of Corpbank's internal audit unit with neglecting her duties, which they said resulted in significant damage to the lender and helped precipitate a liquidity crisis.

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