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SingPost taps PwC as special auditor, provoking more questions
Eyebrows raised at absence of RFP and in light of PwC's long relationship with the group as its external auditor
Published Tue, Jan 19, 2016 · 09:50 PM
Singapore
NEARLY four weeks after announcing it would appoint a special auditor to investigate its corporate governance issues, Singapore Post has finally named its chosen firm: PricewaterhouseCoopers (PwC).
But questions are being asked about the decision, particularly about how it came to pass given PwC's known longstanding relationship with SingPost as its external auditor ever since the group listed on the Singapore Exchange (SGX) in 2003.
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