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FRC starts investigation of audits of Convoy (1019) by Zhonghui Anda CPA Ltd for 2017-2019

Accounting & Financial Reporting Council, 23-Feb-2021

The FRC wants to know why the audits were merely qualified rather than disclaimed, given various factors including "The purported existence of the 'enigma network'" - which Webb-site reported in 2017, and the reasons given by PwC when they quit as auditors on 12-Aug-2020.

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