China Evergrande's Liquidators Seek RMB57B from PricewaterhouseCoopers International
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China Evergrande's liquidators have filed a lawsuit against PwC International, seeking RMB57 billion (USD8.4 billion) for alleged negligence and misrepresentation in audit work. The claim includes RMB38 billion from PwC and its subsidiaries, and RMB19 billion solely from the subsidiaries. This follows recent fines imposed on PwC related to the Evergrande audit case, where the firm acknowledged its audit performance fell short of standards.
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