Australia’s corporate watchdog launches ‘confidential proceedings’ against Deloitte partner

Deloitte told a NSW inquiry that one of its partners, who Asic has referred to a disciplinary panel, will not perform audit work until an investigation is completed. Photograph: Dan Himbrechts/AAP

A Deloitte partner is facing “confidential proceedings” launched by the corporate watchdog after being referred to a disciplinary panel for investigation.

The big four accounting firm told a New South Wales parliamentary inquiry the partner was still employed but would not be performing audit work until the investigation was finalised.