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Beijing’s finance ministry has imposed a six-month business suspension on PwC’s auditing unit in mainland China over the auditing of Evergrande.
PwC has also been hit with financial penalties totalling around £47m.
The ministry also imposed a fine of 116 million yuan (£12m) on PwC Zhong Tian LLP, the registered accounting entity and the main onshore arm of PwC in China, according to a statement on the MOF website.
China’s securities regulator said in a separate statement that it confiscated the unit’s revenue involved in the Evergrande case totalling 27.7 million yuan (£3m) and fined the unit 297 million yuan (£32m).
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