By Tyler Durden,
China’s Ministry of Finance has officially asked Deloitte to conduct an internal investigation after a Beijing employee anonymously went whistleblower and alleged auditing violations, according to China Daily.
An employee sent out a 55 page PowerPoint deck to every employee's email alleging auditing violations in China "citing incidences involving New York-listed companies".
"The PowerPoint, which also circulated on social media, cites incidents between 2016 and 2017 involving 10 clients. The clients include New York-listed RYB Education, a kindergarten chain operator marred by a child abuse scandal in 2017 involving the prosecution of 77 employees; China Boqi Environmental Holding; and state-owned logistics company Sinotrans," according to Nikkei.