Big Four off scot-free in Paradise Papers “data breach”

by | Jan 11, 2018 | Despatch

Still barely a squeak from the Big Four accounting firms about the world’s biggest tax leak, the 13.4 million documents from the Paradise Papers.

In a perusal of the websites of Deloitte, KPMG, EY and PwC – and their advocacy group Chartered Accountants Australia & New Zealand – we only managed to find one mention of Paradise Papers.

In its annual rundown of the events of 2017, Deloitte notes “November: Paradise Papers data breach publicised”.

The firm awarded Paradise Papers with its gong for “Tax word/phrase of the year: New to the lexicon after only two months”.

Paradise Papers: media ignores the real tax culprits

The failure of the mainstream media to pursue the architects of global tax avoidance is staggering. Yet again, some courageous and high-minded professional has risked his or her life and almost certainly blown up their career to bring this data into the public domain.

The result, sadly, has been a spot of collateral damage for a few celebrities and the finger of blame pointed squarely at Caribbean law firm Appleby while the real culprits have got off scot-free yet again. LuxLeaks, Panama Papers, Paradise Papers, what’s next?

Ethic Cleansing & Paradise Papers : Big Four whitewash is done

ABOUT THE AUTHOR

Michael West

Michael West

Michael West established michaelwest.com.au to focus on journalism of high public interest, particularly the rising power of corporations over democracy. Formerly a journalist and editor at Fairfax newspapers and a columnist at News Corp, West was appointed Adjunct Associate Professor at the University of Sydney’s School of Social and Political Sciences. You can follow Michael on Twitter @MichaelWestBiz.

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