PWC: The Kingdom Of Bhutan Has Been Quietly Mining Bitcoin For Years

The biggest mistake you can make in your life is to be always afraid of making a mistake.
— Dietrich Bonhoeffer, an anti-Nazi dissident, who died on 9 April 1945 few weeks before the end of WWII

TIME FOR LEADERS TO LIFT PEOPLE UP NOT KNOCK’EM DOWN! IT IS TIME TO REPLACE BAD MANAGERS WITH GOOD LEADERS … AWAY FROM TOXIC SPICIES

 Michael West discusses why we need a Royal Commission into PWC and their shady practices of leaking information to big multi nationals

Two more PwC leaders step down amid tax leaks scandal

Edmund Tadros and Neil Chenoweth

May 10, 2023 – 7.02pm

KEY POINTS

• Why it matters: PwC used secret government info to advise clients how to sidestep new tax laws
• Ex-PwC tax partner Peter Collins was helping Treasury and ATO develop tax law
• He was also sharing confidential information he gleaned with colleagues
• The firm advised 14 clients how to sidestep the new tax laws, booking $2.5m in fees
• There are growing calls for those involved to leave the firm and for PwC to be banned from government contracts

Senior PwC Australia partners Pete Calleja and Sean Gregory stood down from leadership positions at the embattled big four firm late on Wednesday, as the PwC tax leaks scandal continued to roil the consulting giant.

PwC Australia partner Pete Calleja has stepped down from the firm’s executive board. 

Three leaders have now stepped down from the firm’s 16-member executive board over the past three days.

Mr Calleja was the head of PwC’s 3000-member financial advisory division while Mr Gregory was the chief strategy, risk and reputation officer. Both men will remain at the firm.

Further details of an independent inquiry into the tax leaks are expected to be released by PwC in the next few days.

A PwC source said Mr Calleja felt it was appropriate to step down from his role ahead of the inquiry, while Mr Gregory, who the source said was not involved in the matter, stepped down as he was the leader responsible for risk management at the firm.

On Monday, the firm’s chief executive Tom Seymour also stepped down after revealing he had received emails related to the leaks.

Acting CEO

The Kingdom Of Bhutan Has Been Quietly Mining Bitcoin For Years Forbes

Leadership Lesson From Giannis: Failure Is A Step To Success

The 20th World Press Freedom Index published by Reporters Without Borders(RSF) reveals a two-fold increase in polarisation amplified by information chaos – that is, media polarisation fuelling divisions within countries, as well as polarisation between countries at the international level. 

The 2022 edition of the World Press Freedom Index, which assesses the state of journalism in 180 countries and territories, highlights the disastrous effects of news and information chaos – the effects of a globalised and unregulated online information space that encourages fake news and propaganda.  

Within democratic societies, divisions are growing as a result of the spread of opinion media following  the “Fox News model” and the spread of disinformation circuits that are amplified by the way social media functions. 

At the international level, democracies are being weakened by the asymmetry between open societies and despotic regimes that control their media and online platforms while waging propaganda wars against democracies. Polarisation on these two levels is fuelling increased tension.”