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Fraud Investigation & Dispute Services

Integrity delivers benefits

Companies that act with integrity in addressing fraud, bribery and corruption have an advantage with real business benefits. To that end, we help companies manage risk, investigate alleged misconduct and measure the financial implications of disputes.

When unusual financial activity is suspected, we can investigate, perform electronic evidence discovery, and review financial reports - all with the sensitivity and urgency required. And if necessary, we can provide expert witness testimony to explain our findings.

With over 2,000 professionals globally, some of the world’s largest companies – and many of its best-known law firms – turn to EY. Find out how EY Indonesia Fraud Investigation & Dispute Services (FIDS) team can help.

Our areas of focus include:

  • Investigations

    Addressing the risks associated with fraud and other misconduct is not a new phenomenon. Coupled with continual advances in technology and the broadening activity of prosecutors and regulators, the financial and reputational consequences of not doing enough to tackle these problems are escalating.

    Our team of experienced consultants in forensic accounting, financial and securities regulation, technology systems, and risk management, our multidisciplinary teams investigate situations where you suspect there is a problem. We also help you take preventative measures and reduce the risk of such problems occurring in the first place.

    EY Indonesia key services:

    • Investigating fraud
      We conduct pragmatic, evidence-based investigations into business fraud and other potential wrong-doing, including financial misstatement, sanctions, violations and money laundering. We rapidly respond to a crisis, uncover the facts and work with you to manage an appropriate response. We can help you trace, freeze and recover assets, and identify the root cause of the issue, all with minimal disruption to your business.
    • Corporate fraud investigations and regulatory compliance
      We assist counsel with a factual, often privileged, investigation of alleged corporate wrongdoing, including, but not limited to, investigation of alleged financial statement misrepresentations and violations of the US Foreign Corrupt Practice Act (FCPA), UK Bribery Act (ABC/APAC) or other anti-corruption regulations including law of 31/1999 jo. 20/2001.
    • Investigating bribery and corruption
      We investigate suspicions of bribery and corruption, carry out forensic due diligence and assist with disclosure requirements for regulatory investigations, often utilising our global forensic network to examine risk or uncover unethical behaviour at its source. We also design and implement effective governance models for preventative and remedial work.
    • Investigating fraud and financial crime in the financial services sector
      We work with you to carry out financial crime investigations as well as manage relationships with the regulators. We also help detect, measure and analyse financial crime, providing advice for fraud detection frameworks.
  • Dispute Services

    Our team of consultants has extensive experience across the many different dispute resolution mechanisms and jurisdictions. We can advise on the accounting, financial and valuation aspects of contentious issues, whether at pre-action, negotiation or during formal proceedings.

    EY Indonesia services:

    • Expert Witness Services
      Our consultants bring strong track records of providing independent evidence to the Court or Tribunal on liability, causation and quantum issues. They have a pragmatic, hands on approach, and can clearly articulate financial and business issues relating to complex contentious claims.
    • Commercial and Contractual Dispute Services
      We bring commercially astute advice to support clients from multiple sectors throughout the negotiation, mediation, arbitration and litigation processes. Our extensive experience in quantification gives us the ability to identify innovative, alternative ways of quantifying a claim, and we can draw on this experience to identify further potential areas of the claim which may have been overlooked.
    • International Arbitration
      Our international arbitration team has significant experience providing evidence in International Arbitration proceedings such as under the International Chamber of Commerce (ICC), United Nations Commission on International Trade Law (UNCITRAL), Indonesian Arbitration Center or Indonesia National Board of Arbitration (BANI), and International Centre for Settlement of Investment Disputes (ICSID). Our team can provide advice on accounting and quantum matters on complex international disputes across all major sectors.
    • Competition Law
      Our understanding of Competition Law helps our clients avoid regulatory action and mitigate the cost of litigation should it occur. We can check adequacy of compliance procedures, seek to reduce potential fines or damages payable, help challenge regulators’ decisions, and support actions to claim damages from others.
    • Sales and Purchase Advisory
      Our team works at all stages of a transaction, providing an in-depth understanding of the deal and advice. Our team will advise on issues as they arise, from due diligence, to completion accounts preparation and disputes, to warranty claims.
  • Forensic Transaction Services

    Transactions to acquire or sell businesses represent a balance of risk and reward for the parties. Whilst most deals are completed successfully, some inevitably lead to disputes between the parties.

    We provide forensic due diligence throughout the transaction process, from pre-deal to a review of the draft sale and purchase agreement and the resolution of disputes over the purchase price. In so doing we help you reduce risk and provide greater certainty that the post-completion outcome of a transaction is in line with your commercial expectations.

    EY Indonesia services:

    • Forensic, anti-bribery and corruption and anti-competition due diligence e.g.: US Foreign Corrupt Practice Act (FCPA) and UK Bribery Act for Anti-Bribery and Anti-Corruption (ABAC)
    • Completion account reviews
    • Expert determination submissions to an expert
    • Acting as an independent expert / reporting accountant
    • Breach of warranty claim advice
    • Contract reviews e.g.: Sales and purchase agreement (SPA), specifications, terms and conditions.
    • Other post-acquisition investigations and disputes
  • Business Integrity and Corporate Compliance

    Pressures are mounting on businesses to demonstrate profitable growth achieved in an ethical way. Many organisations are investing heavily in compliance programmes and risk management systems in order to demonstrate that they are acting with integrity as well as to avoid prosecution.

    We help companies manage risk, investigate alleged misconduct and measure the financial implications when issues arise. We bring together members of our team with deep sector knowledge and extensive experience of risks such as bribery and corruption, fraud, money laundering, competition and anti-trust, data protection and privacy, sanctions, mis-selling and counterfeiting. We understand the exposure, manage the risks and provide advice or support a response when necessary.

    EY Indonesia services:

    • Performing Anti Money Laundering (AML) Assessments
      We help clients in performing assessments of Anti Money Laundering policies, procedures and training programs such as Know Your Customer/Clients (KYC), AML look back review and Enhanced Due Diligence (EDD).
    • Identifying risk exposures
      We help you understand how the behaviours and activities across your business are exposing you to real or perceived risks and how the underlying culture is mitigating or exacerbating that exposure.

      Depending upon your risk profile and the maturity of your existing risk management and compliance programmes, we can support you by performing Business Integrity and Compliance Risk Assessments; conducting third party risk assessments and due diligence; developing proactive forensic data analytics; or helping to upskill your existing internal audit and compliance teams through training and work programme development.

    • Implementing compliance programmes
      We help you understand how to enhance your programme, create alignment across key risk areas, determine the level of resources required to sustain the programme, assess it’s effectiveness and support its implementation.

      We achieve this by performing Compliance Programme Effectiveness Assessments and measure this programme against our EY Compliance Maturity Model. We will also support the development of the core elements of your compliance programme including policies, training and monitoring.

    • Responding appropriately
      We help ensure you are prepared to make timely and proportionate responses to issues raised, investigate allegations, analyse trends, identify root causes and support remediation efforts.

      We achieve this by advising on investigation team structures, remit, process and methodology; support legal counsel utilising electronic discovery technology; analysing your data to spot anomalies and identify patterns or trends; and conducting independent investigations should an issue arise.

  • Fraud Risk Management and Fraud Risk Assessment

    Organisations either governments or corporates agree that fraud including bribery and corruption are bad for business and society, and those decisive steps need to be taken to reduce them. Organisations agree that fraud risk is one of the principal business risks faced by them in their operational processes and carries a potentially negative effect.

    Fraud Risk is defined as the potential for fraud, whether foreseeable or not, indicating an organisation;s propensity to attract fraudulent behaviour which would negatively impact the organisation’s performance and reputation. Fraud Risk is observed to stem from internal as well as external sources. Our Fraud Risk Management (FRM) and Fraud Risk Assessment (FRA) services addresses the aforementioned concerns of board of directors, commissioners, audit committee and shareholders.

    EY Indonesia services:

    • Fraud Risk Assessment
      We perform anti-fraud risk assessment to help clients understand and prioritise their fraud risks and provide certain recommendations for risk mitigations. In addition we also provide advice on the development and or evaluation of a portfolio of anti-fraud issues to be addressed.
      Find out more.
    • Fraud Risk Management
      We perform assessment of one or more elements of client’s existing anti-fraud program to help management in identifying improvement opportunities. We also help our clients design of the improvements to help achieve their desired future state and how to deploy these improvement plans to their programs, infrastructure, processes and controls.
      Find out more.
  • Forensic Technology and Discovery Services

    Businesses need to access unstructured data (such as data in a computers, laptops, mobile or handheld device, phone, tablet or even server which includes emails, word documents and spreadsheets) and structured data (such as SAP, ERP systems or other accounting databases, HR, procurement or other databases) for relevant content. using forensically sound principles. Thus, rendering the electronic information or evidence presentable and admissible in court or legal proceedings.

    Cases or contexts where clients potentially require or engage FTDS services:

    Fraud Investigations. Disputes. Regulatory reviews. Regulatory compliance monitoring. Fraud risk management. Transaction monitoring. Corporate compliance. Legal technology matters. Internal corporate investigations. Code of conduct breach. Intellectual property and data leakage or theft. Sexual harassment case. Software piracy. Litigation and law firm support.

    EY Indonesia Forensic Technology and Discovery (FTDS) services:

    • IT Forensics
      When establishing the facts in an investigation, it is essential that the most appropriate computer forensic techniques and tools are used. We tailor the features and scope of our services to fit our clients' unique needs. In addition, we also provide services towards assessing forensic readiness and assist in establishing or improving client’s internal digital forensic capabilities.

      Evidence of fraud, abuse, criminal offences or other wrong-doing often sits on a multitude of electronic sources. Electronic evidence presents many, often conflicting, challenges. It tends to be voluminous and very durable – it is difficult to delete data permanently. Yet electronic evidence is also fragile in more respects, for example, the simple act of turning a machine on or off alters many files. It is important to use digital forensic methods to identify, preserve and collect electronic data so as to maximise its evidential value. In a legally accepted manner.
      Find out more.

    • eDiscovery and information governance
      Across all business sectors, clients are faced with a rising tide of disputes, investigations and regulatory reviews. Handling the relevant electronically stored information (ESI) in a consistent, defensible and cost effective way has become a key business challenge. We help you navigate these challenges and create services that are tailored to your specific needs. We offer a range of services to assist you to respond to requirements to produce ESI in disputes, investigations and regulatory reviews.

      In addition, we can also provide help in migrating or converting paper based information into electronic data to ease storage and document review process, thus enabling keyword searches to be performed on this digitalised form.

      Find out more about our Electronic Discovery (e-Discovery) Advisory, Data Processing and Hosting and Information Governance services.

    • Cybercrime
      We investigate hacking, network intrusions, data-breach , malware (virus, trojans, spyware), data-leakage and intellectual property (IP) theft when they occur and, more importantly, help stop them happening in the first place. Our cybercrime diagnostic can also regularly review your network for indicators that a breach has occurred.

      Find out more about Cybercrime diagnostics.  
      Find out more about Cybercrime and data breaches.

    • Software License Forensics
      Software license management is a complex activity for both publishers and customers alike. In addition, software piracy continues to blight the industry. Our team uses forensic technologies to execute in-depth software license reviews and determine the provenance and proliferation of pirated products.

      We achieve this by advising on investigation team structures, remit, process and methodology; support legal counsel utilising electronic discovery technology; analysing your data to spot anomalies and identify patterns or trends; and conducting independent investigations should an issue arise.
      Find out more.

    • Forensic Data Analytics
      We combine deep forensic investigation knowledge with advanced analytical techniques such as investigative data linking, social network analysis, anomalies detection in transactions, artificial intelligence and predictive modeling to prevent and detect fraud, waste and abuse.

For further information, please contact Stevanus Alexander B.P. Sianturi or Yohanes Andriatno

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Stevanus Alexander B.P Sianturi
Tel: +62 21 5289 4108

Yohanes Andriatno
Senior Manager (Forensic Technology and Discovery Services)
Tel: +62 21 5289 4917

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