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The Independent UK
The Independent UK
National
Chan Ho-Him

China Evergrande liquidators seek $8.4B from PwC in Hong Kong lawsuit

PwC Evergrande China Evergrande China Hong Kong
China Evergrande PwC - (Copyright 2023 The Associated Press. All rights reserved)

Liquidators of the failed Chinese property developer China Evergrande are seeking 57 billion yuan ($8.4 billion) from accounting firm PwC over its auditing work, a Hong Kong court was told on Monday.

The hefty amount was claimed against PwC International, PwC Hong Kong and PwC’s mainland Chinese entity, the court heard. A court decision has not yet been made on the claims.

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