Russia/PwC: not a glorious moment

The future remains the same; it is only the past that changes. The current Russian government does not seem fully to have abandoned the old Soviet approach to history. Witness PwC’s decision to withdraw ten years of audits of Yukos, the Russian oil company bankrupted by retrospective tax claims. The accounting firm says that «new information» - which it was not free to disclose - led to the decision. But the underlying issue is quite old. The government of Vladimir Putin is hostile to everyth...