In the Charitable Corporation Scandal, a group of politically connected directors leveraged the company’s altruistic image to attract investors – before raiding the funds to prop up other ventures.
The world’s largest financial scandal has toppled a government, threatened a currency, and revealed deeply problematic failings at a buccaneering Swiss bank.
Enron stands as one of the most infamous scandals in business history. With a growing charter school sector and lax regulation, the same kind of corruption and fraud is rearing its ugly head.
The scandal at Uganda’s Parliamentary Budget Office shows that figuring out the proper roles, functions, internal controls, and capacities is more pressing than ever.