PWC rejects allegations over China Evergrande Group’s audit
Tue, Apr 16, 2024 6:19 PM

PWC rejects allegations over China Evergrande Group’s audit

A Flip by Avya Verma
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HONG KONG: Accounting firm PwC on Monday rejected an anonymous letter that criticised the company's involvement in auditing beleaguered Chinese real estate giant Evergrande, saying the letter contained "false allegations".Heavily indebted Evergrande has become a symbol of the years-long crisis in China's property market and last month its onshore unit was accused of a $78 bn.

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