PricewaterhouseCoopers began work on a top-level consulting contract with the federal government's regulator of tertiary colleges 24 hours before agreeing to acquire a $5.5 million stake in one such college, the controversial Top Education Group.
In addition, eight senior partners of PwC — including two who oversaw the firm while it misused confidential Treasury data, prompting a global crisis — personally invested another $2.5 million in the company a year later.
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In addition, eight senior partners of PwC — including two who oversaw the firm while it misused confidential Treasury data, prompting a global crisis — personally invested another $2.5 million in the company a year later.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2023-06-15/pwc-acquired-stake-in-college-while-consulting-to-teqsa/102480774
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on Twitter: http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
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