Evergrande Liquidators Sue PwC for $8.4 Billion Over Negligent Audits
Liquidators for China Evergrande Group have filed a lawsuit in Hong Kong seeking $8.4 billion from accounting firm PwC. The claim accuses PwC of negligence in its audits of the embattled property developer.
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China Evergrande liquidators seek $8.4B from accounting firm PwC in Hong Kong lawsuit - AP News
China Evergrande liquidators seek $8.4B from accounting firm PwC in Hong Kong lawsuit AP News
Read full article →Evergrande liquidators seek $8.4 billion from PwC, accusing it of negligent audits - Reuters
Evergrande liquidators seek $8.4 billion from PwC, accusing it of negligent audits Reuters
Read full article →Evergrande liquidators seek US$8.4 billion from PwC entities in Hong Kong lawsuit
The liquidators of China Evergrande Group are seeking 57 billion yuan (US$8.4 billion) from three PricewaterhouseCoopers (PwC) entities in one of the largest corporate lawsuit claims in Hong Kong, arguing the firm’s global coordinating arm assumed responsibility for audits linked to the collapsed developer’s accounting scandal. Evergrande’s liquidators, Tiffany Wong and Eddie Middleton of Alvarez & Marsal, were seeking 57 billion yuan from PwC International, PwC Hong Kong and PwC China jointl...
By Peggy Ye
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