Crossbench MP claims that Dominique Perotet has questions to answer the more than $ 10 billion “financial crisis” hurt by allegations of bullying and mismanagement.
The former consultant was made public with a sensational allegation that he was pressured to water a report criticizing the controversial railroad company of the New South Wales government.
Former KPMG partner Brendan Lyon aired an explosive allegation in a parliamentary investigation into a fund commonly known as TAHE.
A spokesperson for the NSW Treasury has disputed some of his claims.
“The Treasury is supporting the Commission’s investigation and disagrees with the many proposals made as evidence,” a spokesman told NCA NewsWire.
“It is not appropriate to comment further on this issue at this time, as the investigation is ongoing and TAHE’s accounting is currently under consideration by the Audit President.
David Schubridge, a member of the House of Councilors of Greens, who chairs a committee investigating transportation asset holdings, said it was unclear what role Perotet played.
“The prime minister has a question to answer about what role he has played in the last 18 months when the financial crisis struck,” Schubridge said.
The Commission has not resolved to seek Mr. Perotet’s testimony, but it may do so in the future.
The railroad company has experienced some “challenge”, but “transformation … ultimately it’s right,” Perotet said.
“Finance and transportation continue to work with the Audit President in this regard … I know there is an investigation, I’ll see what happens,” Perotet told reporters.
Lyon said civil servants exposed him to “non-expert, ongoing attacks” after his report found that the state’s budget was $ 10 billion worse than the Treasury claimed. Told the investigation.
The state government has abandoned $ 40 billion of public rail assets that are now indirectly owned through TAHE and are virtually out of the government’s books.
The New South Wales Department of Transportation worked with Lyon’s KPMG team to set up an operating model for the railway company before it went live in July 2020.
In an explosive testimony, Lyon said his report advised the Cabinet that there was a problem with the Treasury’s modeling of TAHE’s costs and benefits, which poses various safety risks.
He claimed that the second report “confirmed that the Treasury figures used for the budget were incorrect,” and used “essentially” in his own submission to the Cabinet on the feasibility of TAHE. I made up for the profits. “
“Approximately, the budget is more than $ 10 billion worse than the Treasury claims,” he answered the question.
Lyon, whose testimony was backed up by an email submitted to Congress, claimed he sought dismissal when he refused to change his report to omit the financial model. Leveled allegations of bullying against Treasury Secretary Michael Platt.
“(Mr. Pratt), Deputy Secretary Sam Meta and Executive Director Cassandra Wilkinson were, of course, very dissatisfied with my work,” he said.
“This was manifested by a series of very unprofessional and ongoing personal attacks on me and my team, and repeated complaints to KPMG’s senior partners.”
Lyon said he completed the report “despite the pressure to change or delete results.”
“This saw continuous pressure from (Mr. Pratt), and when I asked him not to bully me directly … he asked me to fire him,” he said.
“And (he) also called for KPMG to ban him from doing any more work for the Government of New South Wales.
Pratt wrote to Lyon last November: “Fix the error or remove all references to financial modeling, but you can’t comment.”
Lyon replied to Pratt, “I’m tired of being bullied,” and told him to “grow or tell the truth.”
“You obviously have a partner who refuses advice and is out of control … I hope you take action,” Pratt wrote to KPMG promptly.
Lyon said he was exposed to “a surge of troublesome internal disciplinary action” after his work at the Treasury.
“I’ve exposed the failures of these senior treasurers, so I can’t stop at repeated attempts to personally and professionally distrust,” he said. Said.
Parliamentary investigations into TAHE are ongoing.
Former Transport Minister Rod Staples, who was dismissed earlier this year, will submit evidence next week.
A TAHE railroad consultant claims that the New South Wales Treasury boss wants to fire him.
Source link A TAHE railroad consultant claims that the New South Wales Treasury boss wants to fire him.