An energy client wanted to understand potential risks inherent in a proposed joint venture with an overseas oil and gas company with a history of financial problems, including a number of significant penalties levied by the local oil and gas regulatory authority. The report demonstrated how the company’s new management team had improved the company’s operational capabilities significantly though there remained significant questions around the new owner’s political ties and how those had been leveraged in connection certain preferential pricing agreements.
Compliance solutions for pandemic-related fraud risks
When the COVID-19 pandemic struck the US in March 2020, office environments, supply chains and traditional ways of doing business evaporated in mere weeks....