Big Four auditors employ hundreds of Chinese Communist Party members

Started by Solar, December 15, 2020, 05:05:15 PM

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Solar

So the info release begins, :thumbsup:

Britain's Big Four accountants have employed more than 2,000 members of the Chinese Communist Party (CCP), including at least one partner in every firm.

At least 400 KPMG staff had CCP membership in 2016 according to documents seen by the Telegraph - with one partner praised by a Chinese state website for "making the red gene take root".

Meanwhile EY and Deloitte each employ more than 800 party members, including Deloitte's deputy director in China. Some senior staff at PwC are members too, including at least one partner.

The CCP demands absolute loyalty from members and is increasingly keen to monitor private firms. Relations between Beijing and the West have deteriorated sharply this year, with the regime accused of brutal human rights abuses against its Uighur Muslim minority and a crackdown on liberty in Hong Kong.

Tory MP Bob Seely, a member of the Foreign Affairs Select Committee, said: "This is a bizarre and scandalous state of affairs.

"Putting aside any espionage risk, which is clearly highly serious in itself, surely there are significant questions to be answered about client confidentially.  If I was a client of these firms, would I really want my sensitive business information being discussed by people with links to a one-party state?

"I do think we need to be clear about both the undoubted opportunities, but also the very obvious risks, of business with China."

There is no evidence to suggest that any of the CPP members have prejudiced the interests of clients.

On Monday, the Telegraph revealed that senior figures in financial institutions including Deutsche Bank, HSBC and Standard Chartered were members of the CCP, as well as the owners of Wolverhampton Wanderers football club.

Yang Jie, a partner at KPMG China, is quoted on a government website praising the country's government and its authoritarian president Xi Jinping.

She is quoted as saying: "We often organise to learn the spirit of the Party and Xi Jinping thought to improve and arm ourselves."

The site credits Ms Yang for ensuring that KPMG's senior management pays attention to the party. It says that "making the red gene take root in KPMG and passing that on through generations became Yang Jie's main goal at work".

In 2017, Ms Yang took part in the CCP's 19th National Congress as a so-called honourable representative. She then returned to the company and "preached the spirit of the 19th  National Congress" to KPMG colleagues across China, according to the government website.

A picture of KPMG staff holding a Communist Party flag, with the phrase "Huazhen KPMG certified public accountants Shenhzen branch committee" has been shared by staff on social media.

Nevertheless, critics said the revelations were concerning. The Big Four audited all companies in the FTSE 100 index as of September this year, and earn millions of pounds from Government consulting contracts. They are also major players in other Western countries including the US.

https://www.telegraph.co.uk/business/2020/12/15/big-four-auditors-employ-hundreds-chinese-communist-party-members/
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taxed

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Possum

Quote from: taxed on December 15, 2020, 09:05:02 PM
It's incredible how deep they've infested our country.
All because of the liberals desire to become the millionaires they claim to detest.

RV

Quote from: Possum on December 16, 2020, 03:47:14 AM
All because of the liberals desire to become the millionaires they claim to detest.

A friend of mine says that America and Democracy will not work unless one is a Christian that lives as God intended, I believe that is true. Humans will "cheat" on anything and everything except those who are restrained by the Holy Spirit.
RV

"Trust in the Lord with all of your heart and lean not unto thine own understanding. In all thy ways acknowledge Him and He shall direct thy path."

Bronx

Have you noticed our new found liberals friends haven't commented on anything except President Trump and the election.

It looks like the DNC gave them their marching orders....only comment on Trump and this election...stay away from everything else.......... :popcorn:
People sleep peacefully at night because there are a few tough men prepared to do violence on their behalf.

A foolish man complains about his torn pockets.

A wise man uses it to scratch his balls.

Possum

Quote from: RV on December 16, 2020, 04:54:26 AM
A friend of mine says that America and Democracy will not work unless one is a Christian that lives as God intended, I believe that is true. Humans will "cheat" on anything and everything except those who are restrained by the Holy Spirit.
John Adams agreed,

https://founders.archives.gov/documents/Adams/99-02-02-3102


QuoteOur Constitution was made only for a moral and religious People. It is wholly inadequate to the government of any other

Solar

Quote from: Bronx on December 16, 2020, 05:14:34 AM
Have you noticed our new found liberals friends haven't commented on anything except President Trump and the election.

It looks like the DNC gave them their marching orders....only comment on Trump and this election...stay away from everything else.......... :popcorn:
And only post that Trump lost. Yep, so obvious. The marching orders were to go out and spread doom and gloom that Trump lost and there's nothing you can do about it.
I guess they didn't do their research on this forum. Yep paid trolls. :lol:
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T Hunt

Quote from: taxed on December 15, 2020, 09:05:02 PM
It's incredible how deep they've infested our country.

Im almost speechless to respond to this because indeed each time we hear more Im both surprised and not surprised.
"Let's Go Brandon, I agree!"  -Biden

T Hunt

Quote from: Possum on December 16, 2020, 03:47:14 AM
All because of the liberals desire to become the millionaires they claim to detest.

:lol: :lol: :lol: :lol: :lol:
Great point!
"Let's Go Brandon, I agree!"  -Biden

Solar

Quote from: T Hunt on December 16, 2020, 10:58:57 AM
Im almost speechless to respond to this because indeed each time we hear more Im both surprised and not surprised.
Same here, it's gotten to the point where DNC Marxist corruption is the new normal.
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T Hunt

Quote from: RV on December 16, 2020, 04:54:26 AM
A friend of mine says that America and Democracy will not work unless one is a Christian that lives as God intended, I believe that is true. Humans will "cheat" on anything and everything except those who are restrained by the Holy Spirit.

Human Nature needs religion to tame it, the founders knew this. And most of them acknowledged Christianity as the religion offering the superior philosophy for a free people.
"Let's Go Brandon, I agree!"  -Biden

T Hunt

Quote from: Solar on December 16, 2020, 05:49:31 AM
And only post that Trump lost. Yep, so obvious. The marching orders were to go out and spread doom and gloom that Trump lost and there's nothing you can do about it.
I guess they didn't do their research on this forum. Yep paid trolls. :lol:

Im guessing they arent paid directly with money tho cuz that cld leave a trail. Prbly they paid off mommies mortgage so that the trolls still had a basement to work from. Or gave them free drugs so they cld feel good.
"Let's Go Brandon, I agree!"  -Biden

RV

Quote from: T Hunt on December 16, 2020, 11:01:21 AM
Human Nature needs religion to tame it, the founders knew this. And most of them acknowledged Christianity as the religion offering the superior philosophy for a free people.

"Human nature needs religion"? I guess it all depends on how one defines "religion". I know many people who "religiously" attend their AA meetings, Kawanis, Eagles, Elks, Moose, Rotary, etc. and they are no better off than anyone else. Maybe one could "religiously" read the Telephone book, Google or Yahoo and be called by some "better"?
RV

"Trust in the Lord with all of your heart and lean not unto thine own understanding. In all thy ways acknowledge Him and He shall direct thy path."

T Hunt

Quote from: RV on December 16, 2020, 11:23:14 AM
"Human nature needs religion"? I guess it all depends on how one defines "religion". I know many people who "religiously" attend their AA meetings, Kawanis, Eagles, Elks, Moose, Rotary, etc. and they are no better off than anyone else. Maybe one could "religiously" read the Telephone book, Google or Yahoo and be called by some "better"?

So you dont understand what religions even is? Doing something 'religiously' is just an opinion.

Most religions offer some relief over non religion 'religions' like atheism, but a few, like satanism and leftism are cancers to society. So no one is saying all religions work for a secular country like America, but most do, and Christianity offers the best solution. Of course everyone can choose for themselves, but most choose Christ.
"Let's Go Brandon, I agree!"  -Biden

Solar

Quote from: T Hunt on December 16, 2020, 11:04:14 AM
Im guessing they arent paid directly with money tho cuz that cld leave a trail. Prbly they paid off mommies mortgage so that the trolls still had a basement to work from. Or gave them free drugs so they cld feel good.
Good point. Obozo phones, only new laptops instead.
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