Say No To Hudud

Thursday, February 2, 2012

Errol Oh: Still think that PwC Malaysia deserve to be let off the hook?

If a firm doesn't document its work, there is no basis for us to confirm that the firm has performed its function. One of the principles that we have adopted in our inspections is that if you fail to document, we will consider that you have not done the audit procedure. This is a very strong position that we have taken,” added Nik Mohd Hasyudeen. 

Big Four among audit firms with faults ~ Errol Oh

Errol Oh, Deputy Editor Bizweek, The Star

PwC Malaysia forced to Reveal 162 Documents that they were hiding.

With the latest revelations regarding the concealment of 162 documents by PwC Malaysia from the Kuala Lumpur High Court, we wonder how much longer it will take for the "real journalists" from the mainstream media to finally ask the questions of the biggest audit firm in the country, PwC Malaysia, and its senior management.

PwC Malaysia problem isn't that they do not document their work, but that they are masters at hiding documents when it suits their purpose. Question is why the main stream media remains silent about all these allegations?

National Union of Journalists Malaysia – Code of Ethics
  1. Respect for truth and for the right of the public to truth is the first duty of the journalist.

Is there any respect for the truth when journalists allow questions raised against the biggest audit firm in the country, accusing them of fraud and concealment of evidence, to go unasked?

Sime Darby, Felda, Khazanah Nasional, PKFZ, Pemandu, and many more PIE's use PwC Malaysia's services. How are these journalists going to answer to the public, when it comes out that all these Public Interest Entities have been compromised by PwC Malaysia?

At the very least, shouldn't Errol Oh and his compatriots at least allow the senior management of PwC Malaysia room to deny all the allegations raised here and elsewhere, or to at least give their side of the story?

Is it so difficult to pick up the phone and call PwC Malaysia at +60 (3) 2173 1188, to give them a chance explain?

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