Dubber Corporation is suing its former auditors BDO in the Federal Court, alleging the firm’s negligence contributed to $30 million of company funds being misappropriated by its former chief executive and an associate.
The ASX-listed company, which makes call recording software, stood down chief executive Steven McGovern in February last year after discovering that $30 million, which it believed was being held in a term deposit by third-party trustee Christopher William Legal, had gone missing.
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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
