KPMG Chair Martin Sheppard Resigns Amid Whistleblower Scandal

KPMG Australia chair Martin Sheppard, former COO Eileen Hoggett, and audit partner Paul Rogers are leaving the firm following a scandal involving the misuse of confidential client information and the alleged mistreatment of a whistleblower. The departures follow investigations by ASIC and intense parliamentary scrutiny regarding confidentiality breaches involving clients Lendlease and Optus. Why are … Read more

KPMG Audit Scandal: 30 Witnesses Set for Day of Reckoning

KPMG is facing a systemic crisis as the firm navigates a formal investigation by the Australian Securities and Investments Commission (ASIC) into the alleged misuse of confidential client documents. Multiple senior leaders, including former CEO Andrew Yates, have resigned following reports that internal board papers from construction firm Lendlease were used to secure audit contracts … Read more