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Hannah Wootton

KPMG’s alleged dirty deeds at odds with CEO’s sermons

Perhaps Andrew Yates can use these latest claims as an “opportunity to learn” how to walk the talk on ethical standards.

Late on Tuesday night, when the nation’s chief financial officers were edging towards sleep, Labor’s Deborah O’Neill launched into a speech in the Senate that would make them sit bolt upright.

She used parliamentary privilege to air a laundry list of claims by a former KPMG executive, alleging the firm misused confidential client information and capitalised on conflicted networks of contacts to get work with other companies. Those name-dropped as the victims (or targets) of the alleged misconduct include Lendlease, Westpac, Dexus, Telstra and Macquarie.

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