Saturday, February 24, 2018

Rs 114-bn scam: PNB says will not appoint PwC India as forensic auditor

While EY quoted Rs 8.5 million, KMPG wanted Rs 21 million, sources said. Deloitte, statutory auditor of Firestar International, did not participate, they added. Auditors say forensic audit of such a “huge magnitude” cannot be decided on the basis of only the lowest bid. “The scope of work is so huge that it ...

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