Why it matters: PwC used secret government info to advise clients how to sidestep new tax laws
Ex-PwC tax partner Peter Collins was helping Treasury develop tax laws
Ex-CEO Tom Seymour will depart the firm early at the end of September
Former Telstra CEO Ziggy Switkowski is reviewing the firm, he’ll report by September
Treasury has now referred the matter to the Australian Federal Police
Deloitte’s chief executive and chairman have described the PwC tax leaks scandal as “deeply troubling and disappointing” but said they took “no joy” in watching the reputation of PwC personnel “being tainted by the actions of a few”.
In an email to partners sent on Friday morning, CEO Adam Powick and chairman Tom Imbesi reminded staff that trust in a professional services firm could be quickly lost when “behaviour is not founded on integrity”.
Loading...
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
