PracticeAuditJDS tribunal for Price Waterhouse

JDS tribunal for Price Waterhouse

Price Waterhouse to face JDS tribunal before the year's end over collapse of Bank of Credit and Commerce International

Price Waterhouse (now PricewaterhouseCoopers) could face a tribunal before
the end of the year to answer complaints laid by the Joint Disciplinary Scheme
over its role as auditor of the collapsed Bank of Credit and Commerce
International.

Details concerning the nature of the complaints have yet to be revealed, but
the JDS is expected to publish them shortly.

The case has faced lengthy delays after executive counsel Chris Dickson was
denied access to important material due to secrecy laws in the Cayman Islands.
These bars have since been lifted, resulting in the laying of complaints against
the firm.

Bank of Credit and Commerce International collapsed in 1991.

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