Some of PwC’s top global executives have flown to Australia and taken control of a tax scandal that is now affecting some of its biggest global clients.
PwC Global’s general counsel, Diana Weiss; the head of its tax and legal operation, Carol Stubbings; and chief risk officer Coenraad Richardson, are in Australia to oversee an independent review to rebuild the firm’s reputation.The Australian Financial Review
“We now need to re-earn trust, which is why we have taken appropriate action, including the announcement that we will establish an independent review, in relation to our governance, accountability and culture,” a PwC spokesman said.
Meanwhile, the PwC boss who resigned last Monday has also stood down from the board of a well-connected military contractor that is chaired by former defence minister Christopher Pyne.
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