by Regents Risk Advisory | Jun 25, 2012 | Corruption, Employee Misconduct, Fraud & Integrity, Fraud Audit
Stelios Haji-Ioannou, founder of budget airline EasyJet once uttered the famous phrase “If you think safety is expensive, try an accident”. This was based upon his dire experience in 1991 when a tanker belonging to his father’s shipping company spilled 50,000 tonnes...
by Regents Risk Advisory | Feb 8, 2012 | Corruption, Employee Misconduct, Fraud & Integrity
A Singaporean businessman who paid an incredible SGD $2.4 million to Singapore Ikea’s food services manager over six years has pleaded guilty to 12 counts of corruption involving $761,020. Andrew Tee Fook Boon, owner of business AT35 Services, gave monthly bribes to...
by Regents Risk Advisory | Feb 14, 2011 | Corruption, Fraud & Integrity
The new Indian sports minister has sacked the chief organiser of 2010 scandal-ridden Delhi Commonwealth Games as the coalition government suffers a string of corruption scandals and thus seeks to repair its own public image. Ajay Maken said he took the decision...
by Regents Risk Advisory | Feb 13, 2011 | Corruption, Fraud & Integrity
A senior Woolworths executive and an alleged co-conspirator both face criminal charges following a protracted investigation into a corruption kickback scheme operating inside Australia’s major supermarket chain. In January 2011, Bill Harvey, formerly Woolworth’s...
by Regents Risk Advisory | Jan 9, 2011 | Corruption
The new Indonesian anti graft czar, Busyro Muqoddas, was appointed in November 2010 for a one year period. Busyro Muqoddas has pledged to resolve difficult corruption cases that have led to some in the media claiming that the country’s fight against corruption has...
