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    PwC Indian audit head resigns over Satyam

    PwC Indian audit head resigns over Satyam

    Satyam scandal claims a victim at PwC

    Author Writer Date published January 27, 2009 Categories

    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.

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