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Below you can read three examples of R&I matters we are either currently working on or have recently completed.
investigated for alleged fraud resulting from misuse of EU state aid. The overall value of the case (taking into account the sums of state aid that had been received by the companies from the EU) was approximately EUR 3,221,858.77, however the reputational risk and value of a successful outcome for our client, a prominent businessman, and his family, was priceless. We successfully defended our client against any criminal liability.
critiquing opposing submissions.
Our client, a global asset leasing company, was notified of a potential bribery & corruption investigation by a state regulator of one of its country divisions. We conducted an internal investigation of the division’s activities, including: (1) Retrieving and reviewing accounting records from a mothballed accounting software package. (2) Tracing and categorising international money flows, including the jurisdictions of banks, for money laundering reporting. (3) Finding and cataloguing evidential invoices and emails within our e-discovery. To discover how you can strengthen your investigation assignments, please contact Paul Widger or Kieran Hallinan or visit their Clyde Connected site.
Global Metals and Silcasur
Author: Partner Charles Kuhn
Working across our sectors
We are currently acting on behalf of Global Metals and Silcasur, two commodity trading companies incorporated in Switzerland, who have brought fraud and money laundering charges against three UK individuals. On behalf of our clients we have successfully obtained a World Wide Freezing Injunction and Asset Preservation Order and are pursuing criminal charges using a process called private prosecution which allows private entities to prosecute cases in UK courts on behalf of the state.
R&I touches each of our sectors and so collaboration across practice groups and jurisdictions is vital to building a global
capability that supports our growth ambition. The in-house Forensic Accounting Practice regularly work with other lawyers in the business to provide an in house forensic accountant offering.
Author: Forensic Account Director Paul Widger
Defending our client against criminal liability
We joined another team in the firm in an investigation into the management of a mine in Zambia, within the UNCITRAL arbitration between ZCCM (Zambian State entity) and Vedanta (international investor and majority shareholder). We spent three weeks on site at the mine, interviewing financial employees and collecting financial data. We continued to work on the investigation for over a year. Then, when independent expert witnesses were appointed for the arbitration proceedings, we remained as shadow expert, supporting our expert and
Author: Partner Rachel Cropper-Mawer
In a recent matter we acted for a high net worth individual, as well as for 11 companies and five other individuals allegedly connected with him, on an investigation conducted by the European Anti-Fraud Office (OLAF). The clients were being
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