Sheppard’s pie
KPMG chair Martin Sheppard hides behind privilege until his own directors turn.
Good morning.
Five years ago Mike Baird helped end Gladys Berejiklian’s premiership from an ICAC witness chair. On Friday, as Capital Brief’s Michael Pelly observed, he did much the same to KPMG’s Martin Sheppard.
The chair spent the day hiding behind legal privilege to withhold the reports into KPMG’s own data leaks, until his own independent directors disowned the position on the record, Baird the bluntest among them. Sheppard caved by 5:30pm. By then committee members had used a break to urge him to follow Yates out the door, and Pelly’s read is that Sheppard shapes as the eventual fall guy.
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