Fraud: blame it on scale
In this article, EY FIDS leader Arpinder Singh says that it is imperative for the oil and gas sector to adopt robust internal controls to mitigate fraud risks. The fraud scenarios in this sector include irregularities in oil and gas exploration, corruption in global operations and fraud schemes.
The price of graft
Corruption is dreadful in India, as shown by a current telecom scandal, the Commonwealth games and more. Politicians are now feeling the public’s ire. Is graft scaring away foreign businesses?