BRITISH NGO ALLEGES PWC UNDER INVESTIGATION RE CHARITIES’ LINKS TO TERRORIST ORGANISATION

UK Lawyers for Israel (UKLI) on 16 June claimed that PwC is being investigated by the UK Government for auditing 2 Palestinian NGO alleged to have had links to a terrorist organisation after a complaint from UKLI. UKLFI alleged that 2 Palestinian NGO audited by PwC had links to the Popular Front for the Liberation of Palestine (PFLP), a designated terrorist group, and that PwC breached the OECD Guidelines for Multinational Enterprises on responsible business conduct by ignoring these links in its audits and that, as a result, the charities involved were able to continue providing support to the PFLP. The OECD Guidelines for Multinational Enterprises are recommendations for responsible business conduct that 44 governments, accounting for 85% of foreign direct investment, encourage their enterprises to observe wherever they operate.

http://www.uklfi.com/pwc-under-investigation-by-uk-government

 

 

 

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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