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The real scandal seems to be in relation to the big 4 accountancy firms.They earned £72 million in 10 years as a “cosy club incapable of providing the degree of independent challenge needed”.To top it all PWC were hired to manage the insolvency as they were the only auditor with no conflict of interest meaning they could name their own price.Their fees for their first 8 weeks work were a mind boggling £20.4 million.