Addressing Compliance Gaps at an African Telecom Facing National Scrutiny
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August 28, 2025
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A state-owned telecom provider in Africa faced allegations of corruption in its procurement practices that exploded into national press headlines. The company’s board of directors engaged FTI Consulting to conduct an independent review of its procurement practices to evaluate whether vendor selection and procurement procedures aligned with internal policies and international standards. Operating in a politically sensitive environment, FTI Consulting’s experts conducted a fact-based, objective assessment to strengthen internal governance and build public confidence in the company’s procurement integrity.
Our Impact:
- FTI Consulting identified approximately $500 million in payments made to more than 300 high-risk individuals and entities, presenting potential opportunities for asset recovery.
- Our findings resulted in a comprehensive overhaul, introducing more than 20 substantial modifications to the company’s procurement and governance frameworks.
- Our experts’ work contributed to long-term enhancements in procurement transparency, vendor accountability and internal risk management for the company.
Our Role:
- Out of the $500 million in identified high-risk payments, FTI Consulting conducted a forensic review of approximately $80 million in transactions completed over a seven-year period.
- Procurement activities and vendor relationships were rigorously assessed for policy compliance and adherence to global procurement leading practices.
- The analysis identified potential conflicts of interest arising from personal and professional ties between vendors and company leadership.
- Throughout the engagement, our experts managed all regional complexities to ensure strict compliance with data privacy laws.
Published
August 28, 2025
Key Contacts
Senior Managing Director
Managing Director
Senior Director
Director