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In an open letter, acting chief executive Kristin Stubbins said members of the company who shared Treasury's plans had betrayed "the trust placed in us".
Source: https://www.perthnow.com.au/politics/pm-calls-for-pwc-tax-leak-employees-to-be-named-c-10801106
Ms Stubbins said PwC was not expected to make a profit from the divestment and the new company was not expected to share an office with the existing business.
PwC’s acting chief executive Kristin Stubbins apologized in announcing the directors are on leave pending a review of the firm’s governance, accountability and culture.
Stubbins apologised on behalf of the firm for the breach of trust when Collins and the tax practice shared confidential government tax policy.