SEBI bans PwC in India for two years
12 January 2018

India regulators have reportedly banned PricewaterhouseCoopers (PwC) from auditing in the nation for the next two years. The Securities and Exchange Board of India (SEBI) issued the ban after PwC reportedly failed to catch an accounting fraud scheme at Satyam Computer Services, a scandal in which the firm admitted to manipulating its books by $1.7 billion.

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