PWC rocked as 53 Australian partners exposed for using Canberra-sourced secrets to benefit foreign clients

In this era of state nationalism, reputational crime doesn't get much worse than PWC in Australia which sold its foreigners inside information sourced during consulting to the National Treasury on multinational tax avoidance. A once trusted advisor in Canberra, PWC's head of International Tax Peter Collins, is accused of having passed on secrets to many colleagues, with 53 PWC partners exposed in emails made public earlier this month. Among the major beneficiaries were US Big Tech companies which have been in running battles with Canberra for some years. The Australian Government has now banned anyone involved in the scandal from working on State business - a tall order as Canberra is PWC Australia's biggest client. There is no disclosure of involvement by any South African partners or companies, but sharing of the information has been confirmed in some other English speaking countries, including the US and the UK. Learn more about your ad choices. Visit megaphone.fm/adchoices