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PwC Australia to sell govt business, appoint new CEO after scandal
short by Nidhi Sinha / on Sunday, 25 June, 2023
PwC Australia said it'll sell its government practice to private firm Allegro Funds for A$1 ($0.67). It'll also appoint Kevin Burrowes as the CEO. This comes months after PwC was accused of using confidential Australian government information to help clients avoid tax. "We're determined to take…steps to…re-earn the trust of our stakeholders," PwC Australia Board Interim Chair Justin Carroll said.
read more at Reuters