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Chinese authorities are investigating the role of PricewaterhouseCoopers (PwC) in China Evergrande's accounting practices following allegations of a $78 billion fraud. PwC's involvement with Evergrande, accused of inflating revenue by $78 billion, is under scrutiny by Beijing. The auditors who signed off on Evergrande's numbers are being called to account as investigators delve into the massive scale of the alleged fraud.
He's right, the HK regulator (the SFC) should give Andrew Left @CitronResearch an apology and a refund. Evergrande (https://t.co/xTtHGtlmXt) was an obvious fraud except to the regulator and PwC. A stain on HK's reputation... https://t.co/Y7GGgbB8qn
China is investigating the role of Big 4 accountant PwC in $78 billion Evergrande fraud case. https://t.co/4pn5xMdMpr
China is examining the role of accounting giant PwC, which audited Evergrande, after the Chinese developer was accused of inflating revenue by $78 billion. Here’s how huge that is compared to other accounting scandals you might have heard of: https://t.co/PQB4ydHbz3 https://t.co/KOjY3wtHHZ