PracticeAuditPwC Indian audit head resigns over Satyam

PwC Indian audit head resigns over Satyam

Satyam scandal claims a victim at PwC

PricewaterhouseCoopers’ Indian audit head has resigned, after two partners
were suspended in relation to the Satyam accounting fraud.

Thomas Mathew has stepped down as PwC’s Indian audit head due to the issues
facing the firm and its staff over its work for Satyam, where its client’s
chairman admitted to a $1bn fraud. He will remain a partner, according to
reports.

The two partners have been suspended by the firm pending the outcome of the
investigations.

Further reading:

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the Times’ story

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