Read entire story: Irish Times Wednesday, August 20, 2008

GREENCORE HAS dispensed with the services of its external auditors PricewaterhouseCoopers (PwC) following a €21 million fraud at its Campsie Mineral Water business in Scotland. It has appointed KPMG in its place.
The “deliberate concealment of costs” at the business went undetected for two years, leading to a “material” mis-statement of the unit’s financial performance in 2006, 2007 and the current year.