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ASIC’s chair says the corporate cop is investigating individuals at KPMG for alleged misuse of confidential information belonging to Lendlease and Optus to win new work, but says it is hamstrung by current law from undertaking a broader probe.
Construction PRO
Lendlease chair John Gillam has said the company's board was “deeply discontented” with KPMG’s alleged misuse of its confidential information but was stuck with the accounting firm until the end of the financial year.
Construction PRO
Building giant Lendlease has told besieged auditor KPMG it expects to be compensated for the cost of dealing with the fallout of the accounting giant's misuse of its confidential data.
Law firm Allens has told a parliamentary committee that a court should weigh in on whether parliament's powers to compel information overrode KPMG's legal privilege, as the auditor resists orders to produce documents.
Construction PRO
Lendlease has dropped KPMG as its auditor, after it was revealed under parliamentary privilege that the firm misused the developer's confidential client data.
Construction PRO
Real estate investment trust GPT Group has dropped $1.19 billion to acquire interests in Queensland’s Sunshine Plaza and Campbelltown’s Macarthur Square shopping centre.
Construction PRO
AustralianSuper's head of real assets Nick O'Neil has been appointed as the new CEO and managing director of Lendlease, replacing Tony Lombardo, who is leaving the role earlier than expected.
Construction PRO
Partners from Allens and Ashurst and senior executives at Lendlease are among those appearing at next week's parliamentary committee inquiry into KPMG's misuse of client data.
Construction PRO
The CEO of Lendlease has confirmed a whistleblower's claim that a KPMG audit partner accessed confidential Lendlease board papers which were then shared with a team pursuing an audit tender with Westpac.
Construction PRO
Charter Hall has signed a deal to take over a Sydney office precinct from Lendlease.