Former finance minister Mathias Cormann was planning to join the consulting firm founded by ex-PwC boss Luke Sayers after he left the big four firm, the Senate inquiry into consultants has been told.
Mr Sayers also told the inquiry he was fined $180,000 for violating PwC’s independence policies over money he put privately into a company PwC had invested in that was bidding for a billion-dollar federal contract.
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Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au
