Ongoing Inquiries


Attack on Rompetrol and foreign capital

Romania’s major energy company Rompetrol was on the verge of sale to a Chinese company when the country’s investigative agency, the Directorate for the Investigation of Organised Crime and Terrorism (DIICOT), announced it was investigating a thirteen year old transaction. The background to the decision to launch an investigation  has not been revealed. The probe […]

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SEC: False tweets sent two stocks reeling in market manipulation

Today we know a bit more about what the US Securities & Exchange Commission regards as stock market manipulation. It has charged a Scottish man with securities fraud for using fake twitter avatars to drive the share prices on two listed stocks down. The charges are against James Alan Craig of Dunragit, Scotland. He is alleged […]

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TeliaSonera: Are the activist shorts running short of targets?

It could make a chapter in  a Scandi thriller. How could a company from Sweden, fourth in the world in the latest Corruption Perceptions Index, so badly misread the business environment in a former Soviet autonomous republic?  Yet that is exactly what happened  to TeliaSonera in Uzbekistan. The series of bad and unethical decisions boggles […]

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NHS fraud: up to £5.7 billion a year says new report

Losses to the NHS through fraud cost the NHS at least £3.57 billion and could cost it up to £5.7billion, says a report investigating fraud in the health service published here and in . Most money is stolen in the course of NHS procurement where the report estimates a loss of at least £1 billion. […]

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