PwC is planning to investigate an anonymous letter containing “false allegations” over how the firm “turned a blind eye” to its audit of Chinese property giant Evergrande. The Big Four accountancy firm has rejected accusations that senior figures committed failures while auditing the world’s most indebted property developer, which filed for bankruptcy last year. The letter, written in Chinese and entitled “Who brought PwC into the fire pit of Evergrande?”, claims to have been signed by some unnamed partners at the firm. PwC Hong Kong said: “We believe the letter contains inaccurate statements and false allegations concerning PwC and certain of our partners. The inaccurate statements and false allegations could tarnish PwC’s reputation and infringe our legal rights.” “Our firm is treating this incident with high priority and is taking a series of appropriate measures and will fully investigate this matter.” PwC Hong Kong said it has reported the incident to the relevant authorities. The anonymous letter claimed that the Chinese property giant’s financial fraud was so serious that PwC “turned a blind eye” to its audit for more than a decade. It also accused certain senior partners at PwC of refusing to participate in regulatory inspections by Hong Kong...