PWC Australia scandal deepens: staff placed on leave

PWC Australia scandal deepens: staff placed on leave
Goneburger: former PwC Australia CEO Tom Seymour. (Image: Getty)
Bloomberg
By Adam HaighPwC Australia is putting nine senior partners on leave and appointing independent directors to its board as the embattled firm seeks to claw back confidence in the wake of a tax scandal.The company will ringfence business conducted with Australia’s government to minimise conflicts of interest and boost governance, according to a statement on Monday.The chairs of its governance board and its designated risk committee also stepped down from their respective roles. “We are announcing these actions today, despite the f...

More Law & Regulation

AG1 founder Chris Ashenden resigns amid scrutiny of NZ criminal history
Law & Regulation

AG1 founder Chris Ashenden resigns amid scrutiny of NZ criminal history

Investigation reveals victims of Chris Ashenden’s property deals never received full court-ordered reparations.The New Zealand founder of a world-leading supplement company has resigned amid a podcast investigation that raised questions over his criminal history and unpaid fines...

Cuncannon: building a plaintiff side law firm
Markets

Cuncannon: building a plaintiff side law firm

The class action industry in New Zealand is somewhat underdeveloped.

Cat food brand fight: 'Meow, meow, meow, meow'
Retail

Cat food brand fight: 'Meow, meow, meow, meow'

US cat food brand with famous jingle accuses NZ rival of trademark breaches.

'Muzzled': Zuru appeals 'Lego' ruling
Retail

'Muzzled': Zuru appeals 'Lego' ruling

Zuru and Lego's battle over bricks continues in the Court of Appeal.

Gregor Thompson 30 Oct 2024