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10-04-2024, 12:38 AM
司马南：许家印的事儿没完，普华永道捂着盖子哩
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https://www.straitstimes.com/business/ch...20sector's
China examining PwC role in $105 billion Evergrande fraud case
SHANGHAI - The Chinese authorities are examining the role of PricewaterhouseCoopers (PwC) in China Evergrande Group’s accounting practices after the developer was accused of a US$78 billion (S$105 billion) fraud, ramping up pressure on the global accounting giant that audited a slew of developers before the sector’s meltdown.
The country’s securities regulator this week accused Evergrande’s main onshore subsidiary Hengda Real Estate Group of recognising sales in advance and massively overstating its revenue in the two years to end-2020, prior to Evergrande’s default.
Chinese officials are now looking into PwC as they continue their probes of the developer’s founder Hui Ka Yan, according to people familiar with the matter. They are in contact with some former PwC accountants who handled Evergrande’s audit, one of the people said.
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https://www.straitstimes.com/business/ch...20sector's
China examining PwC role in $105 billion Evergrande fraud case
SHANGHAI - The Chinese authorities are examining the role of PricewaterhouseCoopers (PwC) in China Evergrande Group’s accounting practices after the developer was accused of a US$78 billion (S$105 billion) fraud, ramping up pressure on the global accounting giant that audited a slew of developers before the sector’s meltdown.
The country’s securities regulator this week accused Evergrande’s main onshore subsidiary Hengda Real Estate Group of recognising sales in advance and massively overstating its revenue in the two years to end-2020, prior to Evergrande’s default.
Chinese officials are now looking into PwC as they continue their probes of the developer’s founder Hui Ka Yan, according to people familiar with the matter. They are in contact with some former PwC accountants who handled Evergrande’s audit, one of the people said.
