Terracom has denied claims of involvement in fake coal testing.
ASIC has sued Terracom over its statements.
The watchdog says it does not have oversight of coal certificates.
PwC investigators hired by miner Terracom’s lawyers were refused permission to interview a laboratory business accused of helping fake the coal miner’s quality certificates, documents reveal.
Terracom’s lawyers hired PwC to probe claims the miner had pressured laboratory business ALS to artificially boost results on coal export certificates. Terracom in public statements rejected such allegations, and cited PwC’s report as finding “no evidence of wrongdoing” by senior employees.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
