It’s one thing to make use of an auditor to understand several technical details about a finance or accounting document, but it’s a completely different story when you are dependent on a big-four auditor to find illegality in the financial and accounting worlds.
The Financial Crimes Investigations Department of the Police makes use of KPMG to help it understand accounting documents. Apart from the blatant conflicts of interest that KPMG is involved in such a role, I suspect that the police, lacking competent individuals, are depending on KPMG for investigative guidance. It’s not in the commercial interest of an auditor to help the police conduct criminal investigations, and an auditor’s advice in Malta will mostly be based on technical and legal principles that are not enough to detect or understand financial crime in its entirety.
How bout hiring police inspectors who actually know and understand finance instead of hiring an auditor to help you with your investigations? It doesn’t sound that the Police are lacking resources when they want to find them.
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