https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2025-releases/25-317mr-asic-sues-bdo-audit-and-its-director-dean-just-alleging-materially-false-or-misleading-audit-reports/

ASIC sues BDO Audit and its director Dean Just alleging materially false or misleading audit reports

Published 22 December 2025

Background

On 1 March 2024, Dubber released an announcement to the ASX that as part of the audit review process for its 31 December 2023 half-year accounts, the Company had become aware of inconsistencies in respect of funds that had been held on behalf of the Company by a third-party trustee. A preliminary investigation by the Company had uncovered that funds, purported to have been held in a term deposit account, may have been applied for other purposes and were not currently available to the Company. The Company’s maximum exposure was stated to be $26.6 million

AFR article:

https://www.afr.com/technology/dubber-sues-auditors-bdo-for-negligence-over-missing-funds-20250617-p5m803

Dubber sues auditors BDO for negligence over missing funds

June 17, 2025 – 2.21pm

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.

Aeriandi Ltd (a wholly owned subsidiary of Dubber Corporation Ltd) advises that VirginMedia O2 (VMO2) at around 3:30pm London time 19th May 2025 verbally confirmed that it will not renew our existing Agreement to provide call recording and wholesale SIP services that expires on 30th June 2025.