Loss Executives Association

PwC Pays $166 Million to Settle HK Evergrande Audit Probe

April 23, 2026

PricewaterhouseCoopers LLP agreed to pay HK$1.3 billion ($166 million) in fines and compensation to settle investigations into its auditing work for the collapsed property giant China Evergrande Group. Hong Kong’s Accounting and Financial Reporting Council also imposed a six-month suspension …

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