A Senate committee said PwC Australia had yet to demonstrate that it has reformed its operations “beyond superficial commitments to change”.
PwC International’s refusal to release a report into the overseas aspects of the tax leaks scandal is part of an ongoing cover-up by the firm that “worsens the crime” of a case that has rocked its local operations, a damning parliamentary report has found.
It is the second time the Senate committee into consulting, chaired by Liberal senator Richard Colbeck, has published an interim report into the scandal. The final report was originally scheduled to be issued on Thursday, but has been extended to the end of May.The committee’s first report found PwC Australia engaged in a deliberate multi-year strategy to cover up the breach of confidentiality in the tax leaks scandal, as company personnel worked to monetise the information.
Labor Senator Deborah O’Neill said the report highlighted “the immense failures of leadership, professionalism and ethics which enabled the tax leaks scandal to occur in the first place, and the gross failures of professional accountability which saw it go unacknowledged and unpunished for so long”.
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