PwC’s China unit gets six-month, 116 million yuan fine over Evergrande audit

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China’s finance ministry imposes six-month ban on PwC Zhong Tian Ministry imposes fine of US$16 mln on PwC Zhong Ti...

PwC did not immediately respond to a Reuters request for comment.

China’s securities regulator said in a separate statement that it had confiscated the unit’s revenue involved in the Evergrande case totalling 27.7 million yuan and fined the unit 297 million yuan.

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Category: EconomyBusiness

Markets: MalaysiaChinaHong Kong

Topics: Evergrande Gets 116 Over Unit Fine Six-month Million Yuan Audit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 17:36:50 (1 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 201 words

Reading Time: 2 minutes read

Sentences: 14 lines

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Copyright Owner: © Malay Mail

News ID: 22504197

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