Margaret Hodge urges PwC to show it is not using global structure to aid illicit financial flows

10 months ago 64

Labour MP makes call after branches’ role highlighted in Cyprus Confidential and other investigations

The accountancy firm PricewaterhouseCoopers (PwC) has been urged to show that it is not using its complex international structure to evade responsibility for assisting with “illicit financial flows and the undermining of sanctions”.

In an open letter to PwC, Dame Margaret Hodge, the veteran anti-corruption campaigner and Labour MP, raised concerns about the London-based firm’s role in successive investigations by the Guardian and other media organisations, including the Cyprus Confidential leaks published last month.

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