<
https://www.abc.net.au/news/2023-08-07/kpmg-consultants-overcharging-defence-four-corners/102644518>
'Consulting giant KPMG has been accused by two whistleblowers of repeatedly
ripping off taxpayers while contracted by the Department of Defence —
submitting inflated invoices and billing the federal government for hours never
worked.
The whistleblowers – one from KPMG, the other from Defence – told
Four
Corners the ongoing cosy relationship meant new work was awarded with little
scrutiny, allowing KPMG to charge the department a staggering $1.8 billion over
the past decade.
One whistleblower said KPMG had "significant influence" over senior Defence
staff.
"What I don't hear is anybody calling it for what it is … an abuse of privilege
and power," said Labor senator Deborah O'Neill, who has played a key role in
the parliamentary inquiry that is examining the "big four" consulting firms:
PwC, KPMG, EY and Deloitte.
While PwC has attracted headlines over its use of confidential government
information to help its clients avoid tax, there has been less scrutiny of one
of Canberra's biggest players: KPMG.
Defence is its number one government client.'
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
