A former executive at consultancy giant KPMG who revealed a high-profile scandal at the firm has spoken of the toll the ordeal has taken.

A former KPMG executive who alleged senior staff used confidential material from major companies to win work contracts told a parliamentary probe he would not do so again as the Attorney-General warns of “a real erosion of trust” in Australian institutions.

The consultancy giant was accused earlier this year by the whistleblower – who has not been named – of serious allegations, some of which have been confirmed.

In a response to KPMG’s own submission, the whistleblower – who also informed the firm of the allegations – told the Parliamentary Joint Committee on Corporations and Financial Services the consultancy company had “refused to substantially address the underlying allegations” over two years.

“The reason for that refusal is becoming clearer. Any substantive response, on the merits, exposes KPMG further,” they said.

The whistleblower said they could not understand why, for two years, KPMG did not agree to an independent probe or “non-retaliation guarantees”.

“KPMG’s own submission has now answered that question,” they said.

“Immediately after my protected disclosure of May 30, 2024, KPMG executives covertly accessed my IT environment and examined the documents and emails held there.

“At that point, in addition to what they already knew because I had previously raised the substance, KPMG had a full view of what the matters were.

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