Global Leader for Ethics and Business Conduct in PwC finds himself in a tight spot because of ongoing PwC Malaysia fraud. Coenraad Van Beek, better known as Coenie Van Beek, is the Global Leader for Ethics and Business Conduct at PricewaterhouseCoopers.

As the Global Leader for Ethics, how long have you known about the continuing fraud perpetrated by PwC in Malaysia with regards to the non disposal of PricewaterhouseCoopers Consulting Sdn Bhd (464379-U) to IBM Corp, when PricewaterhouseCoopers LLP sold its global management consulting and technology services business to IBM Corp back in 2002.

This has been ongoing for more than 8 years now, and it begs disbelief that no one has raised any questions on this fraudulent act, especially when it contravenes the no-action letter released by the SEC with regards to the sale.

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