Emails show PwC helped Russians dodge sanctions


Source: afr.com afr.com

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“PwC Cyprus is not aware of such a criminal investigation being carried out,” the local firm said of the Mordashov share transfers. “Whenever there is a reportable event, PwC Cyprus takes appropriate action.” New PwC chairman This latest controversy underlines the challenge facing PwC’s incoming international chief, Mohamed Kande, who was appointed last month to succeed Bob Moritz as global chairman, days after rival candidate US chairman Tim Ryan unexpectedly took his name out of contention. The Cyprus leaks come as PwC is still battling to firewall its international operations from the scandal which has engulfed its Australian arm, after...