PwC Stands Down 9 Executives While Apologising for Tax Scandal

PwC Stands Down 9 Executives While Apologising for Tax Scandal
The PricewaterhouseCoopers (PwC) offices stand in More London Riverside in London, England, on Oct. 2, 2018. Jack Taylor/Getty Images
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International consulting firm PricewaterhouseCoopers (PwC) has stood down nine employees and apologised after it was revealed the company used confidential federal government information to create a product that could help businesses avoid paying taxes in Australia.

PwC Acting Chief Executive Kristin Stubbins said in a media release on May 29 that internal investigations by the consulting giant showed its behaviour was unacceptable and no words could make the situation right.
Victoria Kelly-Clark
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Victoria Kelly-Clark is an Australian based reporter who focuses on national politics and the geopolitical environment in the Asia-pacific region, the Middle East and Central Asia.
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