PwC Fined $62m Over Evergrande Fraud

China has suspended the operations of PricewaterhouseCoopers (PwC) for six months and imposed a record penalty over lapses in its auditing of China Evergrande Group, according to a Bloomberg report. Citing statements by the Ministry of Finance and the China Securities Regulatory Commission (CSRC), the news agency said the accounting firm was fined 441 million...The post PwC Fined $62m Over Evergrande Fraud first appeared on New Telegraph.The post PwC Fined $62m Over Evergrande Fraud appeared first on New Telegraph.

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