Wednesday, December 16, 2009

Not sure if this is a Coincidence

News like the below one make me think hard about the nature of things to happen in India.

ICICI Bank's UK unit accused of acting against whistle blower

More Satyam-like cases simmering: Rohit Mahajan, KPMG executive

especially question like this are thought-provoking .....

Has there been any kind of shift in the way frauds are committed?

We are seeing more frauds now compared to 3-4 years ago and the nature of frauds is no more limited to scrap sales or cash being stolen. We are seeing a dynamic shift with respect to intellectual property, e-commerce and other IT-related frauds. It is not just the junior employees who are involved. The senior management seems to be encouraging it and there is more focus on bribery and corruption.

1 Response to Not sure if this is a Coincidence

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