Luke Sayers in PwC word games

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Luke Sayers in PwC word games
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Sayers wants us all firmly focused on what he (purportedly) didn’t know, rather than what he did.

in September 2019 warning the big accounting firms about their use of “guru” tax partners “who seem to operate almost on the basis that tax is discretionary or for people who are not as clever as them or their clients”.that “community expectations have changed” and promised to rein in PwC’s tax advisers.

Clearly, PwC’s unacceptable conduct as a large tax agent went way beyond these “confidentiality issues” Sayers didn’t specifically know about. Will he accept any responsibility for that? Or for PwC’s ultra-aggressive, inappropriate use of legal professional privilege that was a hallmark of his time in charge?

Two weeks ago, PwC sacked eight partners, including partners who weren’t themselves involved in the tax leaks or the MAAL schemes. Their “failure to adequately exercise their expected leadership or governance responsibilities to prevent these actions or to address the deficiencies in culture at the firm” was enough.Only the Senate has any hope of piercing Sayers’ sophistry and forcing any real explanations, and that’s only a matter of time..

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