Big Four firm should lose its role as Rock auditors, the party's Treasury spokesman says
Accountancy Age, 11 Aug 2008
The Liberal Democrat's Treasury spokesman has said that PricewaterhouseCoopers should resign as auditor of Northern Rock.
'There must be a full independent audit of Northern Rock. PwC, who were the auditors at the time of the crash, must stand down,' said Lord Oakeshott.
Following the banking giant's collapse Lord Oakeshott hit out at Northern Rock for retaining PwC despite moves by the Sunday Times reported.
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