By: Tom

Tom — Wed, 26 Sep 2012 17:32:46 +0000

Yet again the silence from the auditors deafening! I can assure everyone that this will and has happened in the US. I have spent 4 years reporting a Multi Billion US company over the deletion or hidden financial records of their Glabal accounting system (over 3million missing records). Secodly no audit trail??? Now the SEC does not want to pursue them because the accounts had been audited and they have spent over 2 billion dollars replacing the accounting system. All brushed under the carpet except for the tax offices of Germany, Ireland, Austria, etc but unfortuinately after numerous communications with me they all state that the company matters and actions have to remain confidential. The IRS were brilliant after nuerous letters stating they were looking into my report, then it was closed , then open and then closed and warned not to discuss anything they still never, over two years, requested any of the documents I had or asked for any single explanation of my initial report. Perhaps Japan can teach the USA something about Responsibilities and Governance. The IRS (US) appear able to investigate a crime without any proof or even looking for a body or asking any questions, they just beleive the company and the accountants. I reported the matter to the CEO in 2008 he suddenly resigned in 2010, Yes the company met me in 2010 and wanted me to share everything with the SEC etc but changed their mind within the first half hour because they had not received all the details, three months wasted. They forgot that their own internal audit had confirmed everything re my report in 2008 but continued to re-iterate that the records were deleted by the Indian outsouring company staff after they had made keying errors????????????

Comments on: Uber Eats acquires Postmates for $2.65 billion

By: Tom