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China weighs record fine for PwC over China Evergrande auditing

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Financial penalty

China's Ministry of Finance is considering imposing a record fine of at least 1 billion Chinese yuan ($138 million) on PricewaterhouseCoopers LLP over its role in auditing property giant China Evergrande Group, MSN reported citing Bloomberg News. The ministry may also suspend some of PwC’s local operations.

 

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