KPMG faces big setback in Australia amid allegations of mishandling confidential data

KPMG to be grilled at parliamentary inquiry on secretly stashing client files

Accounting firm KPMG will be hauled before a federal inquiry to answer further questions about why one of its former employees stored printed copies of confidential Lendlease board documents in her locker and shared them with her colleagues to win audit contracts.

KPMG faces big setback in Australia amid allegations of mishandling confidential data

KPMG Australia has stopped bidding for new Victorian government contracts as an investigation into the alleged misuse of confidential client information deepens. The audit and consulting firm is also withdrawing from ongoing tenders, while facing possible job cuts, lower partner pay and wider restrictions on public sector work across Australia.

KPMG banned from Victorian government work with millions at stake

The growing scandal over the firm’s misuse of confidential client documents will reduce contracts, and exacerbate financial pressures leading to job losses.

KPMG barred from competing for government work in Victoria – report

KPMG has been blocked from bidding for new government contracts in Victoria, Australia, until at least October, according to the Australian Financial Review (AFR) report. The ‘Big Four’ company must also withdraw from current tender negotiations, as the company confronts escalating fallout from the misuse of confidential client documents, the report added. The state government has written to KPMG demanding an explanation for the misconduct. The …

KPMG stops new Australia state government work, sacks partner

KPMG Australia will halt bids for new work from the Victorian state government pending a review of the business, as new revelations about staff mishandling confidential client information deepen the crisis engulfing the scandal-hit firm.