Price Water furnished wrong PAN
Hyderabad: The Satyam saga gets murkier. Now it has come to light that its auditors, Price Waterhouse, furnished the company with a "wrong'' PAN No. Confirming this, ICAI has said it would take "disciplinary action'' against the auditors and may even consider cancelling its license. On Thursday, TOI mailed ICAI vice chairman U P Agarwal Satyam's balancesheets that quoted PwC Hyderabad's PAN No. Agarwal is heading the high power committee set up by ICAI to probe into the Satyam fiasco. As it turned out, the PAN No. was that of PwC Bangalore. PwC Hyderabad technically comes under PwC New Delhi. As per ICAI records and website, PwC Jubilee Hills office is listed under New Delhi 'Northern Region', with the firm registration number given as '012754N'. The PAN No. reflected in Form 23 AC (used for filling a company's balance sheet and other documents with the Registrar) of Satyam Computers is that of PwC, Bangalore. Agarwal told TOI, "The Pan No. (on the balance sheets of Satyam is wrong and our disciplinary committee is now working on it." TNN --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
