/ 04 July 2023

More fallout for PwC…

Parliament House in Canberra, Australia.
Parliament House in Canberra, Australia.

It was a busy day one for the National Anti-Corruption Commission, with its leader Paul Brereton revealing it had received 44 referrals yesterday. One of those was from Greens Senator Barbara Pocock, who is pushing for an investigation into PwC after revelations that staff leaked confidential government information to clients. The consulting firm yesterday released the findings of its own investigation into the handling of sensitive Treasury information about future tax strategies targeting companies that send profits offshore. And it named 8 partners who have been sacked, including former Aussie boss Tom Seymour who was not involved in the scandal, but it happened on his watch. “Accountability is critical to improving our culture, and based on our investigation to date, it is clear that the conduct of a number of partners fell short of what was expected of them. They are now being held accountable,” PwC said in a statement.

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