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  • May 1999
  • Case
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The Saga of Prince Jefri and KPMG (A): Mystery of the Missing Billions

By: Ashish Nanda
  • Format:Print
  • | Language:English
  • | Pages:14
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Abstract

Accounting and law firms around the globe are following with great interest the progress through British courts of a lawsuit. Those familiar with the suit, filed by Prince Jefri of Brunei against the professional service firm KPMG Peat Marwick, remark that its judgment will be "a landmark ruling with profound implications." At stake is nothing less than how professional service firms conduct their business. The case highlights: (1) the emerging tension between how accounting firms and law firms view their responsibility to clients and (2) the use and limitations of "Chinese walls" in managing potential conflicts within firms.

Keywords

Conflict of Interests; Service Industry

Citation

Nanda, Ashish. "The Saga of Prince Jefri and KPMG (A): Mystery of the Missing Billions." Harvard Business School Case 899-266, May 1999.
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About The Author

Ashish Nanda

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Related Work

    • May 1999
    • Faculty Research

    The Saga of Prince Jefri and KPMG (B): Were the Walls Porous or Hermetic?

    By: Ashish Nanda
    • May 1999
    • Faculty Research

    The Saga of Prince Jefri and KPMG (C): Round Two

    By: Ashish Nanda
    • May 1999
    • Faculty Research

    The Saga of Prince Jefri and KPMG (D): When Are Chinese Walls Enough?

    By: Ashish Nanda
Related Work
  • The Saga of Prince Jefri and KPMG (B): Were the Walls Porous or Hermetic? By: Ashish Nanda
  • The Saga of Prince Jefri and KPMG (C): Round Two By: Ashish Nanda
  • The Saga of Prince Jefri and KPMG (D): When Are Chinese Walls Enough? By: Ashish Nanda
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