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Posted at: Jan 12, 2018, 12:59 AM; last updated: Jan 12, 2018, 12:59 AM (IST)

Satyam: PW denies any wrongdoing

New Delhi: Price Waterhouse (PW) on Thursday said there has been no intentional wrongdoing by its firms in the Satyam case and expressed confidence of getting a stay on the SEBI order. The audit major also said it has learnt the lessons from Satyam case and invested heavily over the past nine years in building a robust audit practice. Finding PW guilty in the Satyam scam, SEBI has barred its entities from issuing audit certificates to any listed company in India for two years. Besides, SEBI has ordered disgorgement of over Rs 13 crore wrongful gains by the audit major and its two erstwhile partners. PTI


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