On Monday, Australia said that PricewaterhouseCoopers (PwC) leaked government tax plans and that the subject may be forwarded to the Australian Federal Police.
The government, a PwC Australia client, has accused the firm of sharing sensitive information about new anti-tax avoidance measures with its corporate customers to win additional business in a severe violation of trust.
PwC Australia “committed to learning for our mistakes” after its CEO resigned last month.
“We’ve got Treasury looking at an investigation into what has occurred, and looking at whether criminal charges should be referred to the AFP,” Assistant Treasurer and Minister for Financial Services Stephen Jones told the ABC.
Some politicians want to stop the auditor from getting more government contracts.
“I think the PwC experience has been deeply, deeply troubling and we’ve already taken some steps but we will be taking further steps,” Treasurer Jim Chalmers told ABC Radio on Monday.
“I will say more about how we crack down on this inexcusable behavior,” he said.
PwC said last month that former Telstra and Optus CEO Ziggy Switkowski would lead an independent leak inquiry and submit his findings and recommendations in September.
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