The heads of the "Big Four" accountancy firms must defend themselves to a House of Lords committee investigating their role in the recent financial crisis.
The heads of Deloitte, PricewaterhouseCoopers (PwC), Ernst & Young (E&Y), and KPMG will be questioned by a panel of politicians including Lord Lawson, the former Chancellor, Baroness Kingsmill, the former competition regulator, and Lord Levene, chairman of Lloyd's insurance market. Deloitte's John Connolly, KPMG's John Griffith-Jones, PwC's Ian Powell and Ernst & Young's Scott Halliday recently received a call from the committee's secretariat asking about their availability,the Sunday Telegraph reports. Sources close to the situation expect them to be hauled up at a hearing either at ...
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