Please be so kind as to repost in the South Africa bread
The "operators" and Qp/BidenisaPedo/Mitch have been making that claim for months with nothing to support it
Qp tried to convince anons that Q was posting again, but was moving to /hover? where Qp had made a bread, even bragged about getting Proto to turn on
While Qp is having red text tantrums and the "operators" are bck with yet another countdown, I'd like to share this. The Deliotte name came up a few nights ago and rang a bell. There's other stuff in the South Africa bread about them and a big scandal with a Steinhoff International Holdings that became a huge mess
South Africa #13
How Deloitte masked scandals in business and politics
March 5th 2019
The story of Deloitte and the Duffy affair is important because it highlights how the Big Four auditing giants can be open to corruption and political influence. And how they’re often not objective or neutral.
Deloitte is the largest of the Big Four – which also includes KPMG, Ernst & Young and PricewaterhouseCoopers (PwC). Together, these four firms form a powerful cartel that wields tremendous clout in the finance, business and government circles worldwide. Their influence seeps into every aspect of the economy.
Indeed, collectively, the Big Four audit 490 of the S&P 500 companies. In turn, they’ve evolved into huge conglomerates themselves – with combined 2017 revenues of US$134-billion, employing 945,000 people around the world. In fact, according to Forbes, Deloitte is the fourth-largest private company in America.
Moreover, the Big Four are important because modern societies rely on accountants to verify financial records for shareholders, thereby safeguarding the economy at large. “An audit is about a public good,” says Natasha Landell-Mills, a partner with the London, UK-based investment firm, Sarasin & Partners LLP, and a critic of the profession.
Today, however, the Big Four are facing a crisis of credibility of their own making, embroiled in scandal after scandal in multiple jurisdictions. Increasingly, they stand accused of turning a blind eye, and even enabling, corporate fraud and questionable accounting. They’ve also emerged as central players in the creation and abuse of offshore tax havens. And they've become champions of the privatization of government services. And yet they “perform their duties with relative impunity,” writes Richard Brooks, a British journalist in his recent book, Bean Counters: The Triumph of the Accountants and How They Broke Capitalism. “They are free to make profit without fearing serious consequences of their abuses.”
In Canada, court cases, scandals and insights from experts suggest Deloitte is the most egregious of the lot. “Deloitte sells the public an image that they are wonderful, they’re up-to-date, they are professional, they are experts,” says Prem Sikka, an accounting professor at the University of Sheffield in the UK whom I spoke to when researching my Globe article. “But at the same time, there is a dark side.”
Founded in the UK in the late 1800s, Deloitte is now a privately-held giant with global revenues of (US) $43.2-billion, 264,000 employees in 150 countries and headquartered in London, England.
“Deloitte dragged into South African state corruption scandals”, 22 Oct 2019, https://businesstech.co.za/news/government/347850/deloitte-dragged-into-south-african-state-corruption-scandals/
“Auditing giant Deloitte’s R260m Tongaat Hulett settlement ‘pathetic’ – Logan”, 24 Feb 2023, https://www.moneyweb.co.za/news/companies-and-deals/auditing-giant-deloittes-r260m-tongaat-hulett-settlement-pathetic-logan/
“Deloitte agrees to pay out up to R1.3bn in compensation to claimants against Steinhoff”, 15 Feb 2021, https://www.news24.com/Fin24/deloitte-agrees-to-pay-out-up-to-r13bn-in-compensation-to-claimants-against-steinhoff-20210215
“Deloitte Fined Record $19M Over Audit Failures”, Sept. 18, 2020, https://www.cfo.com/news/deloitte-fined-record-19m-over-audit-failures/656213/
https://www.nationalobserver.com/2019/03/05/news/how-deloitte-masked-scandals-business-and-politics
>>22603948
>There is nothing uglier than a fake patriot.
Thus spake the "operator"
OPSEC never ends
>individuals being targeted by the government
would have to be important enough to expend the effort dontcha think?
Meh, more like 685
Not buying it