KPMG’s scandal just escalated: top partners were confirmed to have stolen confidential Lendlease documents and hidden them in a work locker, leading to the immediate ousting of former COO Eileen Hoggett — who was set to walk away with over a million in benefits. The firm’s external probe backed the whistleblower, triggering client and regulator scrutiny, including Macquarie’s review of KPMG’s $69 million audit contract. With senior staff fleeing and business drying up, hundreds of job cuts are expected as KPMG reels from confirmed breaches of trust.
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