The German stock market was rocked by the scandal of the German digital payment platform company, Wirecard, which lost a quarter of the company’s assets, US $ 2.1 billion or equivalent to Rp 29.61 trillion to be exact. The search for missing funds have been focused on the Philippines, but [...]

Conflicts of interest do not only occur in profit companies, but also in non-profit organizations. The conflict of interest that involves the Canadian Prime Minister is one of the most well-known cases. News from occrp.org states that Justin Trudeau was proven to be involved in awarding a [...]

Fraud can occur in any organization, including educational institutions. If you want to find out how bad a fraud scandal might be in an educational institution, then Bad Education can provide the picture nearest to the reality. Bad Education is a film based on a true story of one of the largest [...]

In May, the UK Ministry of Finance launched the Bounce Back financial assistance scheme, which provides loans of up to £ 50,000 to SMEs affected by the COVID-19 pandemic. As of this July, more than 1 million loans have been approved with a value of nearly £ 31 billion as reported by [...]

The beginning of 2020 added another black record for the Indonesian financial industry with the case of the violations of PT Recapital Sekuritas Indonesia. The company is proven to have violated the laws and regulations of the Capital Market field because the company submitted a misleading [...]

For many years, telephone-based whistleblowing system was considered to be the most popular complaint channel. In recent years, many companies have shifted to website-based whistleblowing. According to Report to The Nation 2020, the use of website-based whistleblowing system has fairly [...]

The COVID-19 pandemic has created new conditions and consequences in everyone’s daily lives, including businesses. The application of the Work From Home (WFH) policy has  caused almost all business affairs to be controlled from home or online. The lack of face-to-face business processes and [...]

Fraud can occur in companies from any field, both from profit and non-profit companies. According to Report to The Nation 2020, there are 23 industries that experience fraud cases, with the biggest fraud losses occurring in the mining industry — although there were only 26 reported cases of [...]

After conducting fraud, the fraudsters would usually do everything they can to avoid suspicion. There are 4 top ways to cover up fraud, as reported by Report to The Nation 2020. All of these methods are related to documents; such as falsifying entire physical and electronic documents or by [...]

Bribery does not discriminate. It can occur in any organization or institution, including educational institutions. Ironically, educational institutions, which are supposed to be places for building characters and good morals, are damaged by individuals who commit acts of corruption, one of [...]