“PW as auditors had a responsibility towards shareholders at large (and) should have given a clearer picture of the actual financial position, mainly (on) their subsidiaries and their fund diversion”, said Shriram S, managing director of InGovern, a proxy research firm, told the publication. media house.

https://thewire.in/banking/punjab-national-banks-move-pwc-probe-nirav-modi-scam-sparks-concern