Resources
Case Studies
Our case studies contain analysis and discussion points for users to better understand the legal provisions. They also provide suggestions on how to prevent corruption, fraud and malpractices.
A director of a finance company offered rebates to the credit manager of a bank for increasing the company’s credit limit. Credits were granted even though the director could not provide sufficient collateral to support his applications.
Alan operated a car rental company and had insured all his cars with Bryan, a manager of a bank's insurance department. Without the bank’s approval, Bryan bought an “old” car from Alan at a low price.
Bryan is interested but unfortunately is short of cash. Alan suggests that Bryan may pay for it by monthly interest-free installments at a special price. Bryan feels uneasy about accepting the offer. However, he changes his mind as he thinks the offer does not create any obligation to Alan.
Donald, a bank manager, would like to buy large block of shares at an IPO for speculation. Lacking funds to do so, Donald approved his wife’s application for a personal loan without disclosing their relationship to his bank.
Laura was a bank staff and also a director of a company owned by her paramour, Ricky. Laura approved an application for a credit facility by Ricky and it was later found that the application was supported by bogus documents.
Nancy, a bank administration manager, awarded a small scale renovation project to an interior decoration company owned by her brother without disclosing their relationship to the bank.