- Deloitte
- The government’s watchdog just refused to sign off on its accounts – due to dodgy data - Gerard July 17, 2025, 1:51 pm
Posted by Gerard
on July 17, 2025, 5:50 pm, in reply to "The government’s watchdog just refused to sign off on its accounts – due to dodgy data"
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"Deloitte should not be receiving new contracts from Keir Starmer's Govt along with astronomical amounts of public money to carry on its atrocious track record of dodgy auditing for some of the most powerful corporations in the world. The DWP’s focus on benefit fraud, which accounts for a relatively small fraction of public expenditure (£5.5 billion in 2022/23 per the National Audit Office), contrasts sharply with the estimated £46 billion lost annually to tax avoidance and evasion. https://thecanary.co/uk/analysis/2025/07/17/dwp-deloitte-benefit-fraud/ Deloitte has a long history of auditing failures, fines, and settlements that question Deloitte’s reliability in ensuring financial integrity. Despite this, Deloitte continues to secure contracts from governments and major corporations like BlackRock and Blackstone, likely due to its global reach, brand recognition, and ability to absorb legal and financial penalties as a cost of doing business. The firm’s involvement in auditing major financial institutions while simultaneously facing scrutiny for oversight failures highlights a paradox: Deloitte is trusted to police corporate finances but struggles to maintain its own accountability. Deloitte are the in-house auditors of Blackrock and Blackstone, what could possibly go wrong? https://x.com/EuropeanPowell/status/1906950603361710361 US Blackrock, US Blackstone, UK Deloitte are 3 of the most criminally corrupt companies on the planet, that Keir Starmer is in official govt partnerships with all these firms is beyond obscene.e of Commons 2024 investigative report into Englands 48 SEZs and 8 Freeports. That same HoC report cited lack of transparency, ignoring the Nolan principles, and questions over value for taxpayers money. The HoC recommended the National Audit Office investigate, this was refused permission by Rachel Reeves 6 days into office. The whole SEZs/Freeports project is a govt backed corporate scam that will entrench deregulation, CPOs, and asset stripping to privatise entire regions of the UK. https://x.com/EuropeanPowell/status/1855209354498302133 US Blackrock, US Blackstone, UK Deloitte are 3 of the most criminally corrupt companies on the planet, that Keir Starmer is in offical govt partnerships with all these firms is beyond obscene.": https://x.com/EuropeanPowell/status/1945876776745365888 |
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