Minority investors in state-owned gas monopoly Gazprom are suing PricewaterhouseCoopers, the company’s auditor, for what they claim are “misleading” reports that PwC prepared for Gazprom’s management.
| Bill Browder | ||||||
Hermitage Capital Management is Russia’s leading private-equity fund with more than $650 million under management and one of the biggest foreign investors in Gazprom. Its chairman, Bill Browder, is unhappy with PwC, which he claims has whitewashed relations between the gas giant and private gas trading company Itera.
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