PwC said the investigation found a number of 'specific examples' regarding the misuse of confidential information. 9News
The firm said the decision for the eight partners to exit or be removed from partnership is part of the push to "take accountability, reshape the culture, and re-earn trust with its stakeholders".
The eight partners include former chief executive Tom Seymour, former chief risk officer Sean Gregory, former government leader Peter Konidaris, former financial advisory head Pete Calleja, former chairman Peter van Dongen, Eddy Moussa, Wayne Plummer and Richard Gregg. Seymour had previously stepped down as CEO when the scandal broke but has now been removed from the firm.
PwC said the independent investigation found a number of "specific examples" where professional standards were breached regarding the misuse of confidential information. It also found a "failure of leadership and governance" to address the matters at the time or while they were being investigated."These behaviours are not, and never have been, acceptable under PwC's standards."
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