Opinion | Given the current mood of the Senate, the latest round of estimates hearing is unlikely to throw up any good news for the professional services firm, writes Sarah Danckert.
after it emerged a senior partner had leaked secret government advice to his colleagues and clients, its attempt to frame the discussion in its favour will be short-lived.
Monday’s statement from PwC’s acting chief executive, Kristin Stubbins, was another attempt by the firm to control the conversation. In the statement, PwC admitted it had not initially properly conducted an appropriate investigation into the leak, the conduct of its staff or the culture that allowed the conduct to occur.
PwC acting chief executive Kristin Stubbins says while investigations are under way, the company knows enough about what went wrong to take immediate action.Again, the firm was insistent in its Monday press release – under a heading “Correcting misunderstandings” – that it would not reveal the redacted names of the PwC staff members who received emails relating to the leak in the Senate dossier.
Some of PwC’s claims will be tested this week. Not only are the ATO and Treasury up on Tuesday, but on Wednesday the Senate will hear from the Tax Practitioner’s Board, the body that found Collins had breached his duties when dealing with the government information.
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