China’s Evergrande Liquidators Prepare To Sue PwC Over Audits

The liquidators of property developer China Evergrande are preparing for a potential lawsuit against its auditor PricewaterhouseCoopers (PwC), the Financial Times reported on Saturday, citing people with knowledge of the conversations.

The talks were at an early stage, the report cited the people as saying, adding that their existence did not indicate Evergrande’s liquidators had unearthed any evidence of wrongdoing by PwC, nor that a lawsuit was certain to take place.

Reuters

Previous articleAfter Series Of Safety Issues, MBS Axes Dragon Drone Show
Next articleGDP Expands, Madani Rice Not Approved, IRB’s 3 Principles, Millennials Obsession Take Up Key Headlines 

LEAVE A REPLY

Please enter your comment!
Please enter your name here