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The Guardian - AU
The Guardian - AU
Business
Henry Belot

‘Incredible failure’: KPMG rejects claims it assessed ‘the wrong company’ before $423m payment to Paladin

KPMG signage on a Melbourne building
KPMG Australia has denied making an ‘incredible failure’ in its advice to a government department that later awarded a $423m contract for security work on Manus Island. Photograph: Diego Fedele/AAP

Consultancy firm KPMG Australia has rejected claims it conducted due diligence on “the wrong company” before the federal government gave nearly half a billion dollars to a controversial company with no track record.

The firm’s objection to comments by a member of a Senate inquiry examining its conduct come after weeks of intense criticism and accusations it repeatedly misled parliament over its use of so-called power maps, which identify influential decision makers within departments.

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