SingPost saga: Untenable for PwC to stay on as special auditor

Assoc Prof Mak Yuen Teen from the NUS Business School and Mr Chew Yi Hong, an active investor, noted that SingPost was the only one that picked its external or internal auditor to undertake the special audit, from their study of 31 firms that had appointed a special auditor since 2011. They opined that it is untenable for PwC to continue to accept the appointment as special auditor of SingPost.