‘Dr. No’ Refuses to Give PwC Report to Senate Inquiry

The global consulting firm is claiming legal professional privilege, and hasn’t even allowed its Australian operation to review the report into insider trading.
‘Dr. No’ Refuses to Give PwC Report to Senate Inquiry
PWC Global Chair, Bob Moritz speaks during the "The Global Economy and the State of the World" conversation at the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023. The APEC Summit takes place through November 17. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images
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Global consultancy PriceWaterhouseCoopers (PwC) has defied a request from the Australian parliament for a copy of its investigation into a tax leak scandal that occurred in 2015. This defiance has led one senator to characterise the company’s global chairman, Bob Moritz, as “Dr. No.”

At the time, PwC adviser Peter Collins was helping the Australian government design tougher multinational tax laws, while at the same time using the information he gained through the work to email secret information to colleagues, who would later use it to help clients in Australia and the United States avoid tax, and make millions of dollars for themselves.
Rex Widerstrom
Rex Widerstrom
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Rex Widerstrom is a New Zealand-based reporter with over 40 years of experience in media, including radio and print. He is currently a presenter for Hutt Radio.