And the PWC tax scandal makes it worse for Westpac.
That the Board and Peter King do nothing about PWC remaining the auditor in spite of the largest tax scandal to ever befall Australia shows how useless the Westpac Board and Peter King are.
After the paedophile banking scandal when King was CFO, you can’t teach the old new tricks.
You would have thought they would be the first to get rid of PWC.
Long lost the ability to blow out a candle, this Board needs renewal and the Executive Team needs renewal as well.
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