After being sizzled by criticism, consultancy firm PwC installed a new chief executive and confirmed yesterday that it will sell off its state and federal government advisory business – for $1. To refresh your memory… In January, it came to light that former PwC tax partner Peter Collins leaked confidential government briefings to his colleagues. Last month, a Senate committee found PwC charged at least $2.5 million in fees to advise clients how to dodge the tax laws that Collins was advising Treasury on… The scandal saw boss Tom Seymour and 9 other senior partners resign. Yesterday, the company’s board chair Justin Carroll said PwC global exec Kevin Burrowes would take the reins, and private equity mob Allegro Funds would buy the government advisory side of the business. “It is the right thing to do for our public sector clients and to protect the jobs of the [roughly] 1,750 talented people in our government business,” Carroll said.