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PwC Fined $166 Million Over Evergrande Audit in Hong Kong
Hong Kong regulators have fined PwC $166 million for its role in auditing China Evergrande, citing failures in its oversight. The accounting firm is also expected to pay significant compensation to Evergrande shareholders.
23 Apr, 09:25 — 23 Apr, 13:34
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ReutersVery High60d ago
PwC Hong Kong to pay Evergrande shareholders HK$1 billion in compensation, SFC says - Reuters
PwC Hong Kong to pay Evergrande shareholders HK$1 billion in compensation, SFC says Reuters
Read full article →FTVery High60d ago
PwC fined $166mn by Hong Kong regulators over Evergrande audit
Big Four firm also faces six-month ban related to its work on failed property developer’s books
Read full article →Daily SabahMixed60d ago
PwC fined $166M in Hong Kong over Evergrande audit
One of the world's largest consultancies and accounting majors, PwC is paying HK$1.3 billion ($166 million) in fines and compensation in Hong Kong over its audit work for the...
Read full article →Coverage Timeline
First report: FT · 23 Apr, 09:25|Full coverage: 5 · 9h|Window: 9h
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