Late last month, the Australian Senate inquiry into consulting firms published its interim report. The report denounces PwC International's refusal to release a report into overseas aspects of its tax leaks scandal, labeling it part of an ongoing cover-up that "worsens the crime."
The inquiry was launched following a high-profile tax scandal that involved a PwC Australia partner sharing confidential government information to help clients evade tax laws. The 48-page interim report demands transparency from PwC, arguing that its Australian arm has failed to demonstrate genuine reform following the scandal. The report also criticizes both PwC International's use of legal privilege to withhold crucial information and PwC Australia's former leadership for evading responsibility.
This content is available to paid Members of Starling Insights.
If you are a Member of Starling Insights, you can sign in below to access this item.
If you are not a member, please consider joining Starling Insights to support our work and get access to our entire platform. Enjoy hundreds of articles and related content from past editions of the Compendium, special video and print reports, as well as Starling's observations and comments on current issues in culture & conduct risk management.
Join The Discussion
Sign in and be the first to comment.