The former KPMG executive who revealed allegations that senior staff at the firm had used confidential material from major companies to win work says speaking out has had devastating consequences.
In documents published by a parliamentary committee investigating the anonymous whistleblower’s allegations – several of which have been confirmed to be true – the ex-KPMG employee detailed the strategies allegedly used against them.
“If I were asked, genuinely, whether I would do this again, my answer would be no,” he wrote. “Not because the matters were not worth raising, and not because I regret raising them, but because of what I now know, and could not have known then, about what disclosing them at a firm like KPMG, in the legal and regulatory environment that exists in Australia today, actually involves.”
The whistleblower informed KPMG of the allegations, which included that senior staff had accessed board papers from Lendlease and used them to help win work from Westpac, in 2024 but has said he faced years of obfuscation and retaliation from the consultancy firm.
The whistleblower’s submission was published after a blockbuster day of hearings on Friday in which Lendlease’s chairman criticised a “fundamental breach of trust” by KPMG and former independent director Mike Baird said he had been too trusting of the firm.
But long before that hearing, which was sparked by Labor senator Deborah O’Neill’s decision to reveal the whistleblower’s claims in parliament in March, the...
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