Exclusive | Troubled Hong Kong Airlines faces yet another headache as its auditor resigns, company filing shows
- A document lodged with Companies Registry shows certification of auditor’s resignation, understood to be PwC
- Beleaguered carrier faces increased scrutiny from government with its licence at risk while rival camps battle for control of parent company
The auditor for the financially troubled Hong Kong Airlines has resigned, according to a company filing.
A document lodged by the airline with the Companies Registry showed a “notification of resignation” of its auditor. The filing was posted on May 3 but the document has not been made accessible to the public yet.
Though not named, the position was understood to be held by PwC, one of the big four auditing firms.
In a response to the Post, PwC declined to elaborate on the resignation, citing client confidentiality. It added it was not obliged to explain since Hong Kong Airlines was a privately held company.
The airline was also contacted for comment.
The filing was one of a series of changes made in recent weeks, principally surrounding the frenetic boardroom activity at the airline’s holding company, which was subject to an ongoing court case to determine who was really controlling the business.