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KPMG Australia’s CEO Andrew Yates quits over whistleblower scandal

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Yates says ‘we have let ourselves down’ when dealing with allegations of client information being misusedFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastKPMG’s Australian chief, Andrew Yates, will step down immediately, after taking responsibility for the consultancy firm’s failure to properly respond to whistleblower allegations around the misuse of client information.The firm’s chief executive made the shock announcement on...

Yates says ‘we have let ourselves down’ when dealing with allegations of client information being misused

KPMG’s Australian chief, Andrew Yates, will step down immediately, after taking responsibility for the consultancy firm’s failure to properly respond to whistleblower allegations around the misuse of client information.

The firm’s chief executive made the shock announcement on Friday morning, saying: “It is clear that in this case we have let ourselves down and I take accountability.”

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Australia (LOCATION)
Originally published by The Guardian Business Read original →