• KPMG has delivered a first tranche of internal documents to a Senate committee following a dispute over legal professional privilege.
• The firm reversed its stance after warnings of potential contempt investigations and criticism regarding transparency.
• The corporate strategy aims to address allegations that staff misused confidential client data to win contracts.

Professional services firm KPMG has submitted a first tranche of internal investigation documents to an Australian parliamentary committee following a dispute regarding legal professional privilege.

The firm had previously stated that it would not release any files related to the whistleblower enquiry due to legal professional privilege and client confidentiality obligations.

“The committee has received a first tranche of documents from KPMG,” said Labor Senator Deborah O’Neill.

The handover followed statements from the committee chair noting that thousands of pages of confidential material had been received and would be processed with care and caution.

The company stated that the internal review process is intended to evaluate and address its corporate governance frameworks and speak-up culture.

The ongoing enquiry centres on allegations that KPMG personnel accessed and shared confidential client documents to win competitive external audit tenders.

The firm is currently managing the fallout from these disclosures, which led to the resignations of its Australian CEO and its national managing partner of audit in...

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