Wednesday, August 31, 2016

PwC fined over botched audit of UK lender Cattles

LONDON, Aug 31 (Reuters) - British accountant PwC

has been ordered to pay more than 3 million pounds ($4 million),

and one of its partners has been fined 75,600 pounds, over a

2007 audit that failed to spot a deep hole in the books of

defunct subprime lender Cattles.

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