 The full impact and financial profit that KPMG received is yet to be determined;<ref name="timesKPMG"></ref> however, at least one large company has terminated its services with KPMG due to its relationship with Oakbay.<ref name="mgKPMG1"></ref>

In July 2017, after controversial documents were leaked by the amaBhungane Centre for Investigative Journalism, former chief executive of KPMG South Africa and the former partner that was responsible for audits related to the Gupta family, Moses Kgosana, withdrew from becoming the chairman of Alexander Forbes, a financial services firm.<ref></ref><ref></ref>

In 2015, KPMG issued a controversial report that implicated former Finance Minister Pravin Gordhan in the creation of an illegal intelligence gathering unit of the South African Revenue Service (SARS).This report was seen by elements of the media to be part of a wider Gupta-linked state capture conspiracy, with the aim of forcing Gordhan out of his post.<ref></ref> The report was withdrawn by KPMG in September 2017,<ref></ref> earning the ire of the Commissioner of SARS, Tom Moyane.<ref></ref>

After an internal investigation that found work done for the Gupta family fell "considerably short" of the firm's standards and amid rising political and public backlash, KPMG's senior leadership in South Africa, including its chairman Ahmed Jaffer, CEO Trevor Hoole, COO Steven Louw, and five partners, resigned in September 2017.<ref></ref><ref></ref>

Save South Africa, a civil-society group, accused KPMG and UK PR firm Bell Pottinger of playing a "central role in facilitating state capture.