CRA was engaged by a leading offshore provider of contract drilling and lift boat services to the oil and gas industry to investigating allegations of improper payments and kickbacks with various vendors. CRA conducted interviews and the review of various accounting records from the company’s facilities in India, Bahrain, and United Arab Emirates. Our experts identified and quantified improper payments resulting in the termination of the company’s leader in the eastern hemisphere.
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...