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Tansy Harcourt

๐Ÿ‘ค Speaker
219 total appearances

Appearances Over Time

Podcast Appearances

ABC Business Daily
Scandal at KPMG

what most companies sit under has very strong rules about all sorts of things, one of which is whistleblower rules.

ABC Business Daily
Scandal at KPMG

And if you take the time to read the Corpse Act, it actually specifically separates out big auditing and consulting firms.

ABC Business Daily
Scandal at KPMG

They're not caught up in it.

ABC Business Daily
Scandal at KPMG

It's written in the Act.

ABC Business Daily
Scandal at KPMG

They're completely carved out.

ABC Business Daily
Scandal at KPMG

And that, to me, seems odd and obviously needs to be changed.

ABC Business Daily
Scandal at KPMG

So there's that side of things.

ABC Business Daily
Scandal at KPMG

And then there's also the issue of what happens if something goes wrong.

ABC Business Daily
Scandal at KPMG

And there's a court case that I think is about to start kind of kicking off that has been brought by another former KPMG partner,

ABC Business Daily
Scandal at KPMG

who was a former whistleblower.

ABC Business Daily
Scandal at KPMG

I suppose he's still a whistleblower of sorts.

ABC Business Daily
Scandal at KPMG

So Mr Lyon, he's now an academic at the University of Wollongong, and he's raised really...

ABC Business Daily
Scandal at KPMG

serious issues around the fact that there's a limited liability that any of these firms face if something goes wrong.

ABC Business Daily
Scandal at KPMG

And so we'll see how that one plays out in court.

ABC Business Daily
Scandal at KPMG

But basically, no whistleblower protections and limited liability if something goes wrong.

ABC Business Daily
Scandal at KPMG

Hundreds of millions of dollars.

ABC Business Daily
Scandal at KPMG

Well, I mean, I think it matters a great deal.