Foreign investor  whose name cannot be disclosed in accordance with the NDA

In 2011, at the request of a foreign client, an audit of the financial activities of a subsidiary in Ukraine was carried out. As a result of the audit, it was revealed that part of the goods is sold for cash, which is not recorded in the company’s accounting records, but is withdrawn by the director of the company. In addition, some of the payments are carried out through a bank account, which the owner did not know about, and the funds from which were withdrawn through private entrepreneurs. The investor was provided with incorrect data on the company’s activities and on the market in Ukraine as a whole. After reviewing the report, the company’s hired director and chief accountant were fired.