By Renju Jose
SYDNEY (Reuters) – Australian police on Monday searched the PwC Australia workplace in Sydney as a part of a probe right into a former accomplice who leaked confidential authorities tax plans to the agency and its shoppers.
A parliamentary inquiry earlier this 12 months concluded the agency had shared the information internally and lined up its use.
“This step is part of the existing investigation … regarding the historical tax matter, and is an investigation into individuals who have left the firm,” a PwC Australia spokesperson mentioned in an e mail.
PwC Australia added that it had been working with the Australian Federal Police (AFP) to assist with the searches and can proceed to cooperate totally.
“Out of respect for the AFP’s work, we won’t be commenting further,” the spokesperson mentioned.
Police in 2023 started investigating the “big four” accounting agency over the breaches, which pressured out a number of companions together with former PwC Australia CEO Tom Seymour, and led to the hearth sale of its profitable authorities consulting enterprise for A$ 1 ($0.66).
The agency’s present CEO Kevin Burrowes final 12 months apologised to senators throughout a parliamentary inquiry over the leak.
($1 = 1.5145 Australian {dollars})
