Grant Thornton Hong Kong and the accountant’s international network face potentially damaging fresh claims regarding their responsibility in an alleged multi-million dollar fraud committed by a former managing partner in the city.
According to allegations made in a new writ filed in Hong Kong last Friday, seen by the Financial Times, Grant Thornton HK and Grant Thornton International are “vicariously liable” for a $10.3m fraud allegedly committed by Gabriel Azedo, whose whereabouts are unknown.
