The stories shaping Malaysia, in focus.
KPMG Australia has announced John Sams as its new chief executive, replacing interim leader Stan Stavros following a major scandal involving misuse of client information by the previous head.
KPMG Australia has sanctioned seven employees with fines reaching A$180,000 (US$125,838) following an internal investigation into the misuse of confidential client information. The scandal has already triggered the departures of the firm's CEO, audit chief, and chairman.
KPMG Australia appointed Michael Ebeid as its first independent chairman to rebuild trust following an audit leak scandal. Parliamentary lawmakers questioned the appointment, citing potential conflicts of interest and Ebeid's prior defence of the firm.