KPMG Canada leaders resign

April 30 1999

The Chairman and Deputy Chairman of KPMG in Canada have resigned following weeks of controversy involving the firm. J Spencer Lanthier and D Hugh Bessell were closely involved in negotiations that would have led to the merger of the Canadian branch of KPMG with big five rival Arthur Andersen. When the merger broke down, the two felt that they had no option but to resign.

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