PwC comments on Carillion joint parliamentary committee inquiry press release

Feb 13, 2018

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The Business, Energy and Industrial Strategy and Work and Pensions Joint Committee has today published the response from PwC in respect of its enquiries on Carillion.

“It’s appropriate that the Joint Committee consider all aspects of the collapse of Carillion and we will continue to cooperate fully with their enquiries.

“The Joint Committee’s request for information dates back to 2008 and the majority of the work that PwC undertook directly for Carillion was carried out prior to June 2015 rather than in the last few months before its collapse. Our technical skills and ability to deal with complex business problems led to our appointments to work for the Government and the Pension trustees.  

“While there are only four large professional services firms, the market has been subject to extensive review by the Competition Commission (now succeeded by the Competition & Markets Authority) and European Commission.  We comply with all rules that have resulted from these extensive reviews.”

ENDS 

 

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