PwC to review G4S’s Olympic travails

PWC HAS BEEN APPOINTED by security firm G4S to investigate the recent lack of staffing for the Olympic Games.

John Connolly, the company’s new chairman – and former chief executive of Deloitte – has called upon PwC to launch a detailed inquiry into the situation, reports Sky News.

Accountancy Age understands that the review will only be for the G4S board and should be completed by the end of September.

G4S has declined to comment on the appointment of PwC.

The incident, which led to to the drafting of an estimated 4,700 army personnel to assist G4S, has already resulted in questioning chief executive Nick Buckles by a select committee of MPs on 17 July. Not all the 4,700 were used, due to G4S providing 7,000 personnel during the games.

Sky News reports that G4S are said to be making a £2.5m donation to the armed forces in recognition of their aid during the shortfall.

Related reading

New Logo Saffery Champness