In November Diageo, the UK-based producer of Johnnie Walker whiskey, sued Mallya, his son Siddharth and the Mallya entity United Spirits Ltd for nearly $200 million for breach of contract and making questionable payments
made by affiliated companies, among other claims.
It is also seeking about $141 million over questionable payments
made by companies affiliated with Mallya.
aUser-Defined Fraud Detection Scenarios Users can set up custom rules for real-time screening of questionable payments
outside the purview of typical controls (e.
The other 25 questionable payments
in the sample were reviewed in some way by the Engineering Audit Office, but auditors found most of those evaluations to be inadequate and incomplete.
Identification of questionable payments
led to an internal investigation that included forensic analysis of the records.
The audit documented multiple questionable payments
by disgraced former AFC president and FIFA vice president Mohammed Bin Hammam.
The firm paid out 67% of the questionable payments
according to Aspin's list.
PayPal, based in San Jose, California, said it voluntarily reported questionable payments
it had processed.
Three different local authorities have come under scrutiny from the Wales Audit Office over payments to senior executives, either through secret pay rises or other questionable payments
Lawmakers have been pushing for changes in response to reports critical of the EBT system, including a state audit in May that found millions of dollars in questionable payments
to people who were dead or otherwise ineligible for benefits.
De Lima wanted the panel to particularly look into allegations that sometime in May 2010 "a series of questionable payments
were made by Aruze USA to then officials, employees or consultants of Pagcor, supposedly in relation to the issuance by the former management of Pagcor of a casino license in favor of Tiger Resorts and other transactions that may be related to, or may have had or shall have an effect on the entertainment city project.
The organization should leverage information obtained by financial executives about questionable payments
and transactions, along with internal control gaps or weaknesses identified during their daily course of business, as a data point within its fraud risk assessment process.