{"id":12499,"date":"2022-03-26T08:39:59","date_gmt":"2022-03-26T08:39:59","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/now-that-we-know-we-are-being-conned-what-can-we-do-about-it"},"modified":"2022-03-28T10:58:10","modified_gmt":"2022-03-28T10:58:10","slug":"now-that-we-know-we-are-being-conned-what-can-we-do-about-it","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/now-that-we-know-we-are-being-conned-what-can-we-do-about-it","title":{"rendered":"Now that we know we are being conned, what can we do about it?"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>Let the corporate world make profits but we need to put our foot down to profiteering, crony capitalism and cornering of the nation\u2019s resources and destruction of our environment Protests against crony capitalism. Pic \u2013 New Frame\/Getty Images Above all, don\u2019t lie to yourself.<\/p>\n

The man who lies to himself and believes in his own lies comes to a point where he cannot recognise the truth within him, or around him, and so loses all respect for himself and for others.<\/p>\n

And having no respect for anyone he ceases to love anyone. \u201d \u2014 Fyodor Dostoevsky, Russian novelist There is nothing wrong with private enterprise and, in fact, no country can grow without participation of private players.<\/p>\n

The only thing is control over all capital and natural resources must reside with the people. How can that be done?Four things which require to be done are:<\/p>\n

On the first point, the argument is that all corporate accounts are subject to audit by reputed accounting companies. Some of the worst frauds in corporate history, however, have taken place with active connivance of the auditors.<\/p>\n

In the last twenty years alone, major frauds were detected in Enron, Halliburton, WorldCom, Merrill Lynch, Xerox, Wells Fargo, Lehman Brothers, Xerox, Merck & Co.<\/p>\n

, Tyco, AIG and Barings Bank, etc.<\/p>\n

These companies were audited by well-known auditors like Price Waterhouse Cooper, Deloitte &Touche, KPMG, Ernst & Young and Arthur Andersen.<\/p>\n

For More News And Analysis About Mauritius<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. Let the corporate world make profits but we need to put our foot down to profiteering, crony capitalism and cornering of the nation\u2019s resources and destruction of our environment Protests against crony capitalism. Pic \u2013 New Frame\/Getty Images Above all, don\u2019t lie to yourself. The man who lies to himself and believes […]<\/p>\n","protected":false},"author":84,"featured_media":12498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,245,760,241],"class_list":["post-12499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mauritius","tag-country","tag-mauritius"],"yoast_head":"\nNow that we know we are being conned, what can we do about it? - Mauritius<\/title>\n<meta name=\"description\" content=\"Let the corporate world make profits but we need to put our foot down to profiteering, crony capitalism and cornering of ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/now-that-we-know-we-are-being-conned-what-can-we-do-about-it\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Now that we know we are being conned, what can we do about it?\" \/>\n<meta property=\"og:description\" content=\"Let the corporate world make profits but we need to put our foot down to profiteering, crony capitalism and cornering of ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/now-that-we-know-we-are-being-conned-what-can-we-do-about-it\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-26T08:39:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-28T10:58:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2022\/03\/img-624194a6d2bf4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"473\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/now-that-we-know-we-are-being-conned-what-can-we-do-about-it#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/now-that-we-know-we-are-being-conned-what-can-we-do-about-it\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Now that we know we are being conned, what can we do about it?\",\"datePublished\":\"2022-03-26T08:39:59+00:00\",\"dateModified\":\"2022-03-28T10:58:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/now-that-we-know-we-are-being-conned-what-can-we-do-about-it\"},\"wordCount\":261,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/now-that-we-know-we-are-being-conned-what-can-we-do-about-it#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2022\/03\/img-624194a6d2bf4.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"country\",\"Mauritius\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/now-that-we-know-we-are-being-conned-what-can-we-do-about-it#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/now-that-we-know-we-are-being-conned-what-can-we-do-about-it\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/now-that-we-know-we-are-being-conned-what-can-we-do-about-it\",\"name\":\"Now that we know we are being conned, what can we do about it? 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