PwC, the accounting firm currently under investigation for a tax advice scandal, has stated that all partners and staff found guilty of wrongdoing will be publicly named once the investigation is concluded. PwC’s acting CEO, Kristin Stubbins, emphasized the firm’s commitment to accountability by announcing the divestment of its government consultancy business and the appointment of a new CEO. Pressure has been mounting for PwC to reveal the identities of those involved in the scandal as politicians and government departments scrutinize their connections with advisers. Stubbins assured a parliamentary inquiry in New South Wales that the investigation is thorough and comprehensive, focusing not only on the tax advice issue but also on leadership, governance, and accountability. The goal is to hold individuals accountable for any misconduct. Stubbins also confirmed PwC’s decision to sell its federal and state government consulting businesses to Allegro Fund, ensuring continuity of service and job security for employees without any financial gains for the firm. Prime Minister Anthony Albanese expressed that these changes would not impact ongoing government reviews. However, Labor Senator Deborah O’Neill criticized the decision as profit-driven and questioned PwC’s motives. Greens senator Barbara Pocock argued that fundamental ethical concerns still persisted despite the structural changes. Stubbins acknowledged PwC’s failure to meet its own standards and apologized for the breach of confidential federal tax policy information that occurred eight years ago. She mentioned the pending immigration clearance for the newly appointed CEO, Kevin Burrowes, based in Singapore, and the upcoming release of an independent review led by former Telstra boss Ziggy Switkowski in September. PwC is accused of leaking government tax information for financial gain, resulting in the referral of former partner Peter Collins to federal police and the voluntary stepping down of nine others. The divestment of the government consultancy business will lead to the creation of two separate entities, and this sector accounted for approximately 20% of the firm’s fiscal year 2023 revenue.