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The former chief executive came off badly from a Senate inquiry, undermining years spent carefully cultivating a reputation for integrity.
US-based venture capital fund McLaren Strategic Ventures has agreed to reduce its investment in the consultancy set up by the former PwC chief Luke Sayers by $2.5 million as part of a “capital reduction” approved by shareholders, according to documents lodged with the corporate regulator.
Implausible? Possibly. But on the record? Absolutely.
A complaint has raised allegations against the former PwC CEO. The firm’s ethics department has started an investigation.
Allan government releases summaries showing meetings with lobbyists, stakeholders and other external organisations