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
- Forums
- ASX - By Stock
- CER
- what centro directors missed
what centro directors missed, page-5
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review