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Company PricewaterhouseCoopers [Company Info]
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Date Issue Title
11th Sep 2005 Fraud Investigation Accountants face charges in Kanebo case

Report
Prosecutors are set to seek criminal charges against several certified public accountants at a Japan unit of the PricewaterhouseCoopers group, suspecting that they collaborated with executives at Kanebo Ltd in an accounting fraud that has humbled what was once a premier cosmetics and textile company, investigative sources said Saturday.

The sources said the accountants at Tokyo-based ChuoAoyama PricewaterhouseCoopers worked together with two executives in producing consolidated financial statements that concealed 81.9 billion yen in capital deficit in fiscal 2001 and 80.6 billion yen in capital deficit in the following year.

Other Reports on PricewaterhouseCoopers
Date Issue Company Report
21st Jun 2006 Fraud Investigation PricewaterhouseCoopers Carrefour suing PWC, alleging fraud

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