The bank is weighing whether to terminate its newly awarded $32m audit contract with KPMG, following allegations the firm used leaked data to win the work.

Eileen Hoggett’s exit from the role is another blow to the firm following last week’s resignations of CEO Andrew Yates and audit head Julian McPherson.

KPMG Australia chief operating officer Eileen Hoggett will step aside from her role while investigations are pending into the audit leak scandal at the big four firm.

The NSW government demanded assurance from KPMG that people under investigation as part of a whistleblower scandal are not working on government contracts, while Victoria said it…

Partners are quietly testing the job market as fallout intensifies over the mishandling of a whistleblower complaint, throwing the firm into “chaos”.

The federal government is reviewing $270 million in KPMG contracts and rethinking large partnership governance as the scandal widens to the entire industry.

The bank is weighing whether to terminate its newly awarded $32m audit contract with KPMG, following allegations the firm used leaked data to win the work.

The firm is accused of using a legacy client’s private board papers as insider leverage to win lucrative new jobs, destroying the core trust professionals trade on.