CRA was retained by a global oil trading company seeking to collect funds following a successful arbitration award related to a West African oil transaction. CRA’s team conducted a detailed investigation of the counterparty, mapping property and business assets in South Africa, Dubai, and London, and deciphering a complex organizational structure that involved holding companies in Hong Kong, offshore entities in the Caribbean, and numerous nominee account holders.
World Bank debars fraudulent Vietnamese vendor
What happened: On August 18, 2021, the World Bank announced that it had debarred a third-party vendor, Vietnamese company Newstech Trading and Investment...