Honda, Mitsui, Mazda & Benz To Join VW

The latest news is that Honda, Mitsuibishi, Mazda and also BENZ will join the bandwagon of cheats who committed fraud on the emissions testing.

That shows how much corporate fraud has gone without an ounce of conscience or ethics in their operations. Do you think the Accountants, finance managers and directors of companies are innocent. I doubt it. I have worked with all top MNC's and had networks of people of high rank and I have seen a handful of honest professionals in all those years.

They say they stick to ethics. bUt by whose standards? Their own!
Given a chance these people will cheat their own mother to get ahead or make profits.
They have a distaste for ethics and values.

Some of the major areas of their cheating is in: Taxation, performance, standards, claims, accreditation and financial reporting.

Sri Lanka is worse off. Here almost every other person cheats and I cannot trust them!
So far for good governance.

Very good point Hybrid

I talked about this with Power Inc in book summary.

It applies every where. When America air bombed a hospital in Afghanistan it becomes a war crime.. and Barak Obama simply apologize..No Geneva talks on that.

This is what we have to understand... Maintain the double standard..

All companies do that...

Even though we evaluate financial reports there are numerous ways books can be cooked...Enron is one best example...

IBM even helped Nazis..




And they teach us Good Governance...

This is why studying South Korea deeply is important for any developing nation..

In summary that is all about " how to maintain double standards and how to appear as if following US, IMF, WB and in real never following them but your own way"

We have a good example of double standard...

How Wesrtern civil organizations supported LTTE whose one prime objective is to kill civilians to scare the government...

I think I am not alone here.
In Aviation too there are so many double standards and unless Asia have the courage to stand up together as ONE, we will be asked comply on someone else's standards.

Dozens of VW Top Executives will get the Chop soon after the scandal snow balls. In this instance the Biggest Snow Ball came down first. So there is definitely going to be an avalanche!