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You can find the current article at its original source at https://www.theguardian.com/business/2023/jul/03/pwc-removes-eight-partners-following-internal-investigation-into-tax-leak-scandal
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| PwC Australia removes eight partners following internal investigation into tax leak scandal | |
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| Consultancy firm says partners ‘have exited or are in the process of being removed’, alleging professional or governance breaches | Consultancy firm says partners ‘have exited or are in the process of being removed’, alleging professional or governance breaches |
| Eight senior personnel at PwC have been named and removed from the firm’s partnership in the fallout of the tax leaks scandal. | Eight senior personnel at PwC have been named and removed from the firm’s partnership in the fallout of the tax leaks scandal. |
| The embattled consultancy firm said on Monday the action was a result of its investigation into the handling of confidential government information. | The embattled consultancy firm said on Monday the action was a result of its investigation into the handling of confidential government information. |
| “The investigation identified a number of specific examples where professional standards were breached with respect to misuse of confidential information or other matters reviewed by the ATO [tax office],” PwC Australia said in a statement. | “The investigation identified a number of specific examples where professional standards were breached with respect to misuse of confidential information or other matters reviewed by the ATO [tax office],” PwC Australia said in a statement. |
| “Accountability is critical to improving our culture and based on our investigation to date, it is clear that the conduct of a number of partners fell short of what was expected of them.” | “Accountability is critical to improving our culture and based on our investigation to date, it is clear that the conduct of a number of partners fell short of what was expected of them.” |
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| PwC is subject to multiple investigations, including a criminal probe, after its now-former international tax chief Peter Collins used confidential information and documents obtained through government contracts for the firm’s commercial gain. | PwC is subject to multiple investigations, including a criminal probe, after its now-former international tax chief Peter Collins used confidential information and documents obtained through government contracts for the firm’s commercial gain. |
| Twelve partners have now been forced out as a result of the scandal. Some are accused by PwC of misusing confidential information, while it is alleged others did not properly exercise their expected leadership or governance responsibilities. | Twelve partners have now been forced out as a result of the scandal. Some are accused by PwC of misusing confidential information, while it is alleged others did not properly exercise their expected leadership or governance responsibilities. |
| PwC in early June disclosed to a parliamentary committee the names of four former partners it alleged were responsible for confidentiality breaches. | PwC in early June disclosed to a parliamentary committee the names of four former partners it alleged were responsible for confidentiality breaches. |