AFP investigating former PwC executive over using confidential Treasury information

The Australian Federal Police has launched a criminal investigation into a former executive of consulting firm PwC, after he used confidential Treasury information to benefit the firm's client base. Key points: The AFP has launched an investigation into former PwC executive Peter-John Collins Mr Collins shared confidential tax law information with partners and clients that would be impacted by them The referral does not mean a criminal investigation has been launched In a statement, the Treasury secretary Steven Kennedy said he had asked the AFP to consider a criminal investigation into the firm's former head of international tax, Peter-John Collins. Mr Collins shared confidential information about tax laws with partners, staff and clients that would be impacted by them, despite signing three separate confidentiality agreements in 2013, 2016 and 2018. "The emails that the Tax Practitioners Board tabled in Parliament on 2 May 2023 highlighted the significant extent of the unauthorised disclosure of confidential Commonwealth information and the wide range of individuals within PwC who were directly and indirectly privy to the confidential information," Dr Kennedy said.