Evergrande’s liquidators have launched court proceedings against PwC over its “negligence” and “misrepresentation” in auditing work for the developer, the Financial Times
- Liquidators started the legal process against PwC Hong Kong and its China arm PwC Zhong Tian in March
- Also started court proceedings against CBRE and Avista Valuation Advisory over their valuation reports for Evergrande and its subsidiaries in 2018
- PwC and CBRE declined to comment: FT
- Avista did not immediately respond to FT’s request for comment
- NOTE:
Evergrande Seeks to Recover $6 Billion From Seven Defendants
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