China Cinda Asset Management Terminates Contract with PwC Over Evergrande Malpractice Allegations
Monday, 3 June 2024, 13:00
China Cinda Asset Management Terminates PwC Contract
State-owned China Cinda Asset Management has decided to part ways with PwC following allegations of malpractice associated with China Evergrande. This decision adds to the growing list of firms severing ties with the auditor amid concerns over possible financial fraud.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.