The loan was approved for UGX 2.8 billion. The borrower was a trading company that claimed to supply construction materials across Uganda. Its file was impressive. The application form was complete. The financial statements carried an accountant’s stamp. The collateral …
How investigators trace wallets, agents, SIM swaps, mule accounts and cash-out patterns A phone call at 9 a.m. from a managing director who had not called for the past two years is always interesting. “Mustapha, how are you? Indeed, you …
The issue was not that money disappeared because money rarely disappears. It is moved by a person, through a system, under a control that looked alive but was already dead. In this case, a trusted accounts assistant in a Jinja-based …
It is Friday evening, when most people had already mentally left office and the few still online were pretending to finish what Monday would punish them for ignoring, a finance officer in a medium-sized organisation received a short instruction on …
At 7:42 a.m. on a Tuesday in Kampala, the finance manager of a mid-sized logistics company received a WhatsApp message from the managing director. “Release the supplier balance before 10 a.m. We shall regularise the documents later.” The instruction looked …
In 2016, I ran an investigation support program for one of the financial institutions. After the fraud investigations, from inception to disposition, training, Summit Consulting Ltd was retained to support the inhouse investigations team with case management work for on …
It is 7:42 a.m. on a wet Monday morning. The finance team of a regional financial institution is already tense because payroll is due, suppliers are calling, and the board pack must be closed before midday. A softly spoken finance …
Who is really running your organisation today: your leaders, your systems, or the habits that nobody dares to confront? That is the question I ask Boards and CEOs whenever they tell me their biggest risk is cyberattacks, artificial intelligence, or …
The call came late in the afternoon. The voice sounded calm, measured, and familiar. The Managing Director was travelling and he needed an urgent transfer to secure a confidential acquisition. The Chief Finance Officer was unavailable and the Board was …
Who owns the risk when the next major fraud happens in your organisation, the ransomware message appears on every screen, a customer record is leaked, a regulator asks difficult questions, or a whistleblower reveals a scheme that has been running …
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