PwC tax scandal: former PwC boss Luke Sayers explored selling consulting business

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Watch live: Senators have spent the morning grilling PwC Australia chief executive Kevin Burrowes but are now scrutinising one of his predecessors.

Sayers was fined for his involvement in a company put together to bid for a billion-dollar federal visa processing contract, Australian Visa Processing. The AVP project, which ultimately did not go ahead, became controversial inside the firm because senior partners, including Sayers, had attempted to make a personal investment in the company without informing the broader partnership.

Sayers says that “there was the desire from the consortium that a number of individuals at the top of the tree also put some skin in the game to show the seriousness... skin in the game.“ Labor senator Barbara Pocock responds: “It is not called an honest . You don’t get to come before a Senate committee and characterise the construction of a conflict of interest as an honest mistake.“ Sayers: “With all due respect, Senator...

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