Wahaha case side apology side complaint

WASHINGTON, June 27, 2009, KPMG and Guangzhou branch of the official to Suqian Wahaha Beverages Co., Ltd. and other three companies publicly apologized for the statement, said "KPMG vibration accounting firm Guangzhou Branch in November 16, 2007 to Suqian Wahaha Beverage Co., Ltd.,　　Suqian Wahaha Heng Feng Food Co., Ltd. and Suqian Wahaha Heng Feng Beverage Co., Ltd. three companies sent a letter, confirmed by the Suqian Intermediate People's Court and the High Court of Jiangsu Province, the delivery of the property to take over the content of the letter of the violation of the law, constitutes infringement, hereby to the three companies to apologize for But at the same time, KPMG also published a statement to the Supreme People's Court in another page of the report, Suqian Wahaha said: "The KPMG apology on the one hand, and the public declaration of the way the appeal will be a gimmick, in essence, the implementation of the legal obligations of the effective judicial instruments to resist, It also offsets the legal meaning of the form of civil liability for the tort of apology. This kind of behavior is a provocation to China's judicial dignity and does not actually fulfill the judgment obligation.　　Suqian Wahaha will reserve the right to demand that it truly fulfill its sentencing obligations.　　Why does KPMG, one of the world's big Four accounting firms, make this "low-level mistake"? Familiar with the case of Zhejiang Tian book law firm Lixin, Ye Zhijian said: "KPMG should be aware of the law of the country of practice, bypassing the jurisdiction of China's judicial sovereignty, and requiring companies such as Suqian Wahaha to disclose business information to them, and to implement a series of activities to freeze the property preservation, in order to provide asset information and preserve assets to Danone, In conjunction with a lawsuit brought by Danone abroad. "Wahaha believes Danone has reached a tacit agreement with KPMG before suing the BV I court, and KPMG has agreed to act as a receiver, and Danone is taking a step back from behind the scenes," he said.　　　But Danone has been denying that it has anything to do with the case.　　According to the report, it is not the first time that KPMG has breached the rules. As early as 2004, the US Department of Justice, in a survey of accounting firms, banks and taxpayers, found problems with KPMG's tax avoidance services and proceeded to investigate the tax services provided by KPMG from 1996 to 2002, leading to the resignation of KPMG's chief administrative officer and financial director Richard Rosenthal. KPMG immediately issued a statement saying it would be responsible for the illegal tax avoidance services provided between 1996 and 2002, apologizing for the wrongdoing and improving the company's professional ethics.