gaziantep escort,escort bayan,beylikdüzü escort,
alanya escort,gaziantep escort
The Nile Breweries scandal involving the Majok siblings has exposed significant weaknesses in corporate governance, oversight, and financial accountability. However, this case is not an isolated incident—it is part of a growing internal fraud crisis in Uganda. Businesses across the country are losing billions due to insider fraud, weak corporate controls, and ineffective enforcement. According to the PwC Global Economic Crime and Fraud Surveys (2020, 2022, and 2024) and the Uganda Police Annual Crime Report 2024, internal fraud remains one of the most financially devastating forms of corporate crime. In 2024 alone, Ugandan businesses lost over USD 272 million (UGX…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Nile Breweries Limited, the Ugandan subsidiary of global brewing giant Anheuser-Busch InBev (AB InBev), is conducting an extensive investigation into allegations of fraud and financial misconduct within its sales and marketing departments. Central to the probe are two South Sudanese siblings, Amou Majok and Darwin Majok, who allegedly leveraged their positions in the company to orchestrate fraudulent schemes estimated to be in billions of shillings. A Family Affair: Fraud Within the Ranks One of the major leads in the investigation is that Darwin Majok, formerly the National Trade Marketing and Key Accounts Manager, directly reported to his sister, Amou…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Businesses in Eastern Africa must act quickly to avert increasing cases of economic crimes and fraud that threaten their existence, the Global Economic and Crime Survey by renowned international audit firm, PricewaterhouseCoopers ( PwC) has recommended. The 2022 survey revealed that 63% of respondents in Eastern Africa said they had experienced fraud within their organization, against 46% of respondents globally. For instance, at least 23% of respondents in Eastern Africa reported that they had lost between $ 100,000 and $1 million in the last two years to fraud. Evolving face of economic crimes Yet the more worrying discovery is the…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
beylikdüzü escort
beylikdüzü escort
