Kamco (Keane Australia Micropayment Consortium Pty Ltd) is the company formed in 2003 to tender for a new public transport ticketing system in Victoria, Australia. It was contracted to provide the Myki ticketing system in 2005. It is a wholly owned subsidiary of the American company Keane Inc., and when the myki contract was awarded it described itself as "an alliance" of Keane Australia, Ascom, ERG, and Giesecke & Devrient Australasia (G&D), with Keane Australia providing "a single point of accountability" for Victoria's Transport Ticketing Authority. ERG was the creator of Metcard. In 2010, Keane, Inc. was taken over by Japanese company NTT DATA Corporation, a subsidiary of Nippon Telegraph and Telephone, and in October 2013 Keane Australia changed its name to NTT Data Victorian Ticketing System Pty Ltd. Controversy in Victoria Procurement Process In April 2008, Vivian Miners, chief executive of the Transport Ticketing Authority, quit his $545,000-a-year job. After a report into the tendering process by Des Pearson, Victoria's Attorney General Rob Hulls found the tendering for the ticket system had been conducted improperly. Mr Miners owned about $150,000 of shares in Headstrong, which was part of the Kamco consortium at the time it won the tender. Mr Miners' partner and former wife both worked for Headstrong and ERG, the Perth-based transport ticket company part of Keane. An early alleged draft of the report, leaked to the media in 2008, detailed a series of alleged conflicts of interest, probity issues, backdating of reports and favouring of the eventual winning bidder Kamco, a subsidiary of the American IT firm Keane. The final report observed that "Keane had no corporate experience in developing, implementing and operating a ticketing system" and "barely demonstrated adequate capacity." The project has since gone over both time and budget limits. Cash Injection required The Australian reported on 24 December 2007 that Kamco had requested a cash injection and wanted to change the contract to receive an accelerated payments schedule. To date Kamco has received $150m of the approx $750m spent. Dispute with ERG Kamco sub-contracted installation and repair of myki equipment to ERG in an A$106 million contract. However, ERG refused to release myki equipment to Kamco claiming "unpaid bills worth $1.8 million". Kamco repudiated the contract in June 2009 arguing a change in ERG's company structure broke their agreement. ERG sued Kamco for a $30 million loss it claimed from the repudiation, and Kamco