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KPMG Australia seeks $100m bailout from parent group after scandal

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City AM
KPMG Australia seeks $100m bailout from parent group after scandal
KPMG Australia is reportedly considering asking for $100m (£52.6m) in emergency loans from the Big Four firm’s global network after a scandal rocked the firm’s reputation and business down under. The Australian firm’s newly appointed chief executive, John Sams, has considered asking KPMG International to loan the arm up to $100m or waive its fee [...]
6 Oct, 17:09
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