Uncategorized How to bribe: What can we learn from SAP’s bribery and corruption schemes? – The South Africa conspiracy The Green Hyena, 20/01/202425/01/2024 On 10 January 2024, the United States Department of Justice (DOJ) unsealed the deferred prosecution agreement (‘DPA’) of the United States v. SAP SE bribery and corruption case. SAP SE is a global software company headquartered in Walldorf, Germany. The DPA provides valuable insights in how bribe paying works, the… Continue Reading
Uncategorized Bake it till you make it: How Patisserie Valerie created fictitious revenues The Green Hyena, 03/01/202412/01/2024 As auditors are getting ready for the upcoming busy season or even already started, it is always good to reflect on past fraud cases. This helps us to remain vigilant towards fraud and non-compliance red flags. Typically we are so busy with getting the audit done, there is a risk… Continue Reading
Uncategorized What The US Enforcement Action Against Tysers And H.W. Wood Limited Teaches Us About Bribery And Corruption Enforcement (Part II) The Green Hyena, 21/12/202303/01/2024 On 23 November 2023, the United States Department of Justice (“DOJ”) unsealed the deferred prosecution agreements (‘DPA’) of the cases from the United States v. Tysers Insurance Brokers Limited and H.W. Wood Limited. Tysers and Wood, two UK reinsurance companies, were accused of bribing Ecuadorian government officials. The DPA’s provide valuable… Continue Reading