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PwC cleared in Intu Properties audit probe

Regulator drops investigation into PwC’s audits of property firm Intu

Shopping centre-owner Intu collapsed in 2020, putting auditors in the spotlight
Shopping centre-owner Intu collapsed in 2020, putting auditors in the spotlight Photo: Bloomberg via Getty Images

The audit watchdog has dropped an investigation into PwC’s work for property giant Intu.

The Financial Reporting Council said on 19 December that it had closed its investigation into PwC’s audits of Intu Properties’ 2017 and 2018 financial statements.

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