CER 0.00% 32.0¢ centro retail group

what centro directors missed, page-5

  1. 8,112 Posts.
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    Ben,

    "PWC as the independent auditor will be liable for any penalties handed down by the courts.'

    That is not correct as far as criminal penalties are concerned.

    They may well be liable for damages for negligence, as in the class action.

    But plaintiffs would have to show they were damaged, it MAY extend to directors who have been found liable under the criminal law.

    CB



 
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