PwC Pays BAT £132M for Audit Failures

PwC has paid British American Tobacco £132 million due to a botched audit linked to a subsidiary that allegedly released harmful chemicals. This compensation highlights significant lapses in audit practices and raises concerns about corporate accountability. The incident underscores the importance of rigorous auditing standards in safeguarding public health and the environment. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: Tobacco Asia magazine Tobacco Industry magazine reporting on cigarettes, e-cigarettes, cigars, RYO, bidis, kretek, cigarillos, chewing tobacco, tobacco equipment, tobacco machinery, tobacco packaging