The Moscow offices of
have been raided by the Russian government over allegations that the firm
owes back taxes of 290 million roubles (£5.7m) and the for papers linked to the
collapse of oil group Yukos
ten Interior Ministry police officers demanded access to documents,
while investigators from the Prosecutor General’s Office arrived in search of of
papers linked to the criminal inquiry into the fall of Yukos.
PwC was auditor for Yukos, which has bankrupted after being found guilty of
fraud and tax evasion.
Prosecutors laid fresh money-laundering charges last month against Mikhail
Khodorkovsky, the former chairman of the oil company, alleging that he stole
$25m (£13bn) from the company.
A PwC spokeswoman said both teams of officials had arrived at office
unnannounced. PwC denies that it owes any outstanding taxes, but it has lost
three legal hearings against the claims by the Federal Tax Service.
a statement PwC said: ‘The Ministry of Internal Affairs, however,
took into their possession paper files and electronic records not limited to the
period of 2002, and which in the view of PwC, goes well beyond the scope of the
‘PwC strongly objects to the seizure of such information and has engaged
legal counsel to ensure that applicable laws pertaining to the release of seized
documents are respected and that all documents unrelated to the cases in
question are promptly returned to PwC.’
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
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