Beyond the PwC scandal, there’s a growing case for a royal commission into Australia’s ruthless corporate greed

Wed, 1 Nov 2023 04:46:14 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/beyond-the-pwc-scandal-theres-a-growing-case-for-a-royal-commission-into-australias-ruthless-corporate-greed-214474>

"Accounting and consulting group PwC has been front page news ever since its
chief executive Tim Seymour stepped down “effectively immediately” in May, when
the firm said it had “betrayed the trust” of Australians and promised an
independent review of its governance, accountability and culture.

That review, conducted by former Telstra chief Ziggy Switkowski, was published
on Wednesday, along with an assurance from the firm that it would implement the
recommendations.

Released with the review was a separate Statement of Facts prepared by PwC.
This set out how it had provided advice to clients based on confidential
government information about tax policy, which had been provided to one of its
partners on the condition it be kept confidential."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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