Mr Khoo Chuan Keat, as the Tax Leader and Senior Executive Director in PricewaterhouseCoopers Malaysia, leads a team of 30 tax partners and 280 other fee earners. In fact PricewaterhouseCoopers won the Tax Firm of the Year Award for Malaysia, awarded by the International Tax Review recently.
|Mr Khoo Chuan Keat|
|PricewaterhouseCoopers Consulting Sdn Bhd (464379-U): Dormant, generates no revenues, but has several hundred million Ringgit in contingent liabilities.|
|Mr Lee Tuck Heng, seated third from left, talking to Mr Goh Ching Yin, who sits in the Audit Oversight Board and is an Executive Director in the Securities Commission, and another Director from PwC Malaysia.|
The other 'rogue' Senior Partner in PwC Malaysia is Mr Lee Tuck Heng, who is not only a Director in PricewaterhouseCoopers Consulting Sdn Bhd (464379-U), but also one of its two shareholders together with Dato' Johan Raslan.
In the picture above, Mr Lee Tuck Heng is seen in conversation with a member of the Audit Oversight Board, and Execurive Director in the Securities Commission, Mr Goh Ching Yin.
The facts in the questionable registration of PwC Malaysia, a registration that is both a legal and a physical impossibility, by the Audit Oversight Board, which is run by one of PwC Malaysia's former Directors, Mr Manohar Benjamin Johnson, can be read here.
We now ask Mr Coenie Van Beek, the Global Leader for Ethics and Business Conduct in PwC, a few questions.
1. Have you lost control over the ethical and business conduct of PwC Malaysia and its senior partners?
2. Why is the ongoing fraud perpetrated by PwC in Malaysia with regards to the non disposal of PricewaterhouseCoopers Consulting Sdn Bhd (464379-U) to IBM Corp, when PricewaterhouseCoopers LLP sold its global management consulting and technology services business to IBM Corp back in 2002, still left unquestioned after more than 8 years?
3. Why are PwC in Malaysia continued to allow to audit IBM in Malaysia when all of this remains unresolved?
4. What are the implications on the global audits done by PwC for IBM Corp?
5. How much longer will it take for the silence to be broken, and action to be taken?
|Dr Coenie Van Beek, Global Leader for Ethics and Business Conduct in PricewaterhouseCoopers|