ASIC pursues KPMG over Westpoint role

The corporate watchdog has started legal proceedings against accounting firm KPMG over its role in the collapsed Westpoint Group, where alleged negligent auditing claims are in the order of $200 million.


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I hope that ASIC is as diligent with MFS/Octaviar premium income fund as they are with the current investigation. $147 million dollars was siphoned off the fund to rediculous entities prior to December 2007.

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