KPMG Australia's newly appointed Chairman Michael Ebeid accused Senator Deborah O'Neill of making "completely false" statements when she used parliamentary privilege to read out the auditing firm's whistleblower disclosures, according to emails released by the parliamentary joint committee in response to his appointment on Thursday.
KPMG Australia's newly appointed Chairman Michael Ebeid accused Senator Deborah O'Neill of making "completely false" statements when she used parliamentary privilege to read out the auditing firm's whistleblower disclosures, according to emails released by the parliamentary joint committee in response to his appointment on Thursday.
A&O Shearman's advice to the board of Keybridge Capital was "damning" on the possibility of paying a $4.75 million bonus to CEO and investor Nicholas Bolton after he engineered the 2023 sale of Magellan Global Fund options worth $17.8 million, the NSW Supreme Court heard on Thursday according to the plaintiff's counsel.
The federal government on Wednesday introduced legislation intended to crack down on misconduct by tax advisors, including a 40-fold increase in maximum civil penalties for corporations and partnerships, and new criminal penalties for unregistered tax agents.
ASIC has cancelled the financial services license of Sydney-based Capital Guard Au Pty Ltd after it raised $100,000 by a fake Macquarie Bank bond prospectus and other "misleading and deceptive" conduct, the regulator said on Thursday.
