Deloitte chief: Grant Thornton withheld Parmalat info
The chief executive of Deloitte this week accused Grant Thornton of hindering its audit of Italian dairy group Parmalat, which was placed into receivership just over two years ago when false assets came to light.
Deloitte chief executive Bill Parrett told the Financial Times that Grant Thornton withheld information during the audit.
"We did not perpetrate this fraud," he said. "It has been reported that this has been a massive fraud, which has been going on for more than a decade.