Brookfield, Led by Mark Carney, Under Investigation for Self-Dealing Amid $1 Trillion Labyrinth and $20 Billion Stock Drop
Canada's Brookfield Asset Management is under investigation by the Financial Times for alleged self-dealing and complex financial practices. The inquiry raises concerns about the company's financial disclosures, particularly regarding the Liberal leadership frontrunner, Mark Carney, who has been accused of concealing millions of dollars in interests that may conflict with Canadian interests. Critics, including Pierre Poilievre, have pointed out that Carney has not been required to make financial disclosures, allowing him to avoid scrutiny. The investigation comes as Brookfield's stock has reportedly dropped nearly $20 billion, following revelations of what has been described as a 'very deceptive presentation' of its accounting practices.
Sources
Pierre Poilievre
While Canadian media do no scrutiny on the man who will be PM in mere days, last week one of the world’s most prestigious financial newspapers did a massive exposé on the “very deceptive presentation” of his company’s accounting. The company stock has crashed nearly $20 billion… https://t.co/03fZ1f7L9i
Joe Tay 鄭敬基Discoveries on Brookfield asset management, the company chaired by the Liberal Party beloved Mark Carney. 😱 https://t.co/gZl7fSF1RM
iPolitics He said in a post on X that the Liberal leadership frontrunner has been allowed to "hide millions of dollars of interests that go against Canada’s interests" because he hasn't been required to make any financial disclosures #cdnpoli #cdnecon https://t.co/e8qD8oBmM5