More whistleblowers have come forward in the wake of KPMG Australia’s audit scandal as Labor Senator Deborah O’Neill says the firm’s entrenched cultural issues are far from over.
Speaking to Capital Brief, O’Neill said “many” whistleblowers had contacted her from all sizes of audit and accounting firms. While she did not disclose how many or which firms, O’Neill said the whistleblowers had come forward as “the partnership model is corruptive”.
While the Senator would not be drawn on whether there would be another parliamentary hearing on the KPMG whistleblower scandal, she said “Australians need this shonky, dodgy sector to be cleaned up. They cannot clean themselves up. That is absolutely clear”.
“What does everybody, every single Australian with superannuation, need to see from KPMG? They need to see professional standards upheld. They need to see huge fines for people who do the wrong thing,” she said.
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