PWC BOSS FLIES TO NEW DELHI TO FIGHT FIRES LIT BY SATYAM SCANDAL
January 1st, 2009
BY RAGHAVENDRA VERMA
WITH the Satyam scandal seriously affecting his big four firm's global goodwill, on Thursday PricewaterhouseCooper's international CEO Samuel DiPiazza rushed to New Delhi to meet India's corporate affairs minister Prem Chand Gupta.
The meeting is seen by accounting industry experts as an effort to salvage PWC's businesses in the country and explain the firm's position in the billion-dollar fraud in which two of its auditing partners are behind bars.
Though Indian companies are free to appoint their auditors, the central government holds ...
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