PwC hit with fine and six month China ban over Evergrande audit
Source: BBC
PwC's Chinese arm has been suspended from the country for six months over its work on the collapsed Chinese property giant Evergrande.The Big Four accountancy firm is also being fined more than $62m (£47m) after Chinese authorities said it had helped cover up fraud at Evergrande.The real estate firm went into liquidation in January under a mountain of debt.PwC said it was "disappointed" by its Chinese unit's…
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