The latest news is, PriceWaterhouseCoopers will be appointed the auditing firm for National Feedlot Corporation. Its already a market talk, and DPM Muhyiddin Yassin is said to have given it a go.
Why PwC, a firm plagued with 'scandals' and misconstruing its professional ethic? Ask why Maxis boss Ananda Krishnan is mad about it!
Don't we have other credible auditing firm for the job? Being a big name and a foreign-based company does not always guarantee satisfactory result, isn't it?
Apart from scandalising the court (there is an ongoing case against the firm at the Kuala Lumpur High Court) with fabricated evidence and documents, PwC is also believed to tamper with auditing reports for Felda listing.
Read this article here. It posed a question to Muhyiddin: "Tan Sri, can you imagine Chin Kwai Fatt (pic), the MD of PwC Malaysia, and master of document fabrication, auditing Cowgate?"
It says, Chin Kwai Fatt is now trapped by the fact that one of the documents he has fabricated in an ongoing Kuala Lumpur High Court case not only contradicts his own witness statement, but also the amended defense of all the defendants.
And I agree to this - Why is the Auditor General's report not enough for the truth about the NFC to be made public?
A-ahhh... looks like things start to brew again...