Author: Azizur Rahman 15 September 2020
A number of anti-fraud organisations have argued that the government’s decision not to publish lists of companies that have received coronavirus loan payments has encouraged fraud.
The lack of transparency, it is claimed, has encouraged fraudulent claims as the applications are not being subject to full scrutiny.
Rahman Ravelli wrote an article examining the strength of this argument and concerns that the regulatory and compliance frameworks may not be “up to the job’’. It also assessed the importance of data in identifying fraud and the nature of the loan fraud risks facing the government.
The piece, which was published by Lawyer Monthly, can be read here.
Aziz Rahman is Senior Partner at Rahman Ravelli and its founder. His ability to coordinate national, international and multi-agency defences has led to success in some of the most significant corporate crime cases of this century and top rankings in international legal guides. He is recognised worldwide as one of the most capable legal experts regarding top-level, high-value commercial and financial disputes.