PwC Australia stands down partners amid deepening tax leak scandal

The original article can be found here.

Article highlights:

  • PwC Australia has directed nine partners to stand down pending the outcome of an internal investigation amid a scandal over the leak of confidential information about the government’s tax plans.
  • PwC said on Monday that the chairs of the company’s governance board and risk committee would also step down and that it had begun a process to “ringfence” services provided to government agencies.
  • PwC also said it would appoint two independent directors to its governance board and publish in full the outcome of a review into the firm’s culture.