US$78BIL (RM373.79bil) is no small change — it’s close to Malaysia’s annual national budget.
Yet, an auditor could sign off on financial statements for not just one, but two years, in a row when revenue was inflated for bond issuances by property developer China Evergrande. How did that happen?
Were there extraneous circumstances that led to PwC signing off on the statements for the financial years ended Dec 31, 2019 (FY2019) and FY2020, the statements from which bonds were issued?
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