Why Are The “Big Four” Opposed To Hong Kong Democracy Demonstrations?

21 July 2014 | Mint Press News

WASHINGTON — Rights and watchdog groups are questioning both the logical and legal basis for a series of advertisements, published by the world’s four largest accountancy firms, expressing opposition to the recent pro-democracy demonstrations that took place in Hong Kong.

The firms include one, Deloitte, headquartered in the United States, as well as three European companies, PricewaterhouseCoopers, Ernst & Young (now known as EY) and KPMG. Of course, these are fully global entities, with collective revenues above $100 billion a year and together known simply as “the Big Four.”

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Big Four criticised by Amnesty International

2 July 2014 | Economia

The Big Four have faced criticism from human rights charity Amnesty International over an ad campaign criticising protests in Hong Kong

The firms published adverts in three Chinese-language newspapers, saying they were opposed to planned protests that might destabilise business in the Hong Kong financial district.

The adverts said protests would “inevitably” affect financial institutions and could result in multinational corporations moving headquarters from Hong Kong.

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Amnesty International attacks ‘Big Four’ accountancy firms for opposition to Hong Kong’s pro-democracy movement

1 July 2014 | The Independent

Amnesty International have accused the “Big Four” international accounting firms of acting in “bad faith” after they took out newspaper adverts in Hong Kong saying they were “opposed” to the former British colony’s pro-democracy movement.

The human rights group joined sharp criticism of the extraordinary move by Ernst & Young, PwC, Deloitte and KPMG to publicly state their opposition to the Occupy Central movement calling for electoral reform in Hong Kong, which the corporations described as a threat to the rule of law.

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