A major player within the energy sector (the Client) suspected fraudulent activity when there was continual lagging in the development of two of their green energy projects.
The Client contracted Interdiligence to thoroughly examine the lagging projects, investigate any indication of fraud, and advise accordingly.
A multidisciplinary team was dispatched to perform a comprehensive forensic audit (document examinations, interviews, field investigations, checks at local authority levels etc.). The findings and recommendations were compiled by the Interdiligence team and presented to the Client:
- reconsider the funding for the lagging investments and redirect funds to other priorities of the company;
- terminate contracts with contracted parties by proving fraud was committed;
- file criminal complaints in order to recover losses;
- improve internal procedures and eliminate vulnerabilities, preventing future risk.