Compliance Established
Addressing Compliance Gaps at an African Telecom Facing National Scrutiny
Compliance Established
Addressing Compliance Gaps at an African Telecom Facing National Scrutiny
Key Contacts
How do you transform corruption allegations into transparent compliance?
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.
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.
Our Impact
We helped the client identify approximately $500 million in payments made to more than 300 high-risk individuals and entities, presenting potential opportunities for asset recovery. Our findings also guided 20 substantial modifications to the company’s procurement and governance frameworks.
By The Numbers
A Forensic Investigation to Restore Compliance
$500M
Identified High-Risk Payments
FTI Consulting identified approximately $500 million in payments made to high-risk individuals and entities.
300+
Recipients Flagged
Our experts identified more than 300 high-risk individuals and entities that presented potential for asset recovery.
$80M
Completed Transactions Reviewed
FTI Consulting conducted a targeted forensic review of approximately $80 million in transactions completed over a seven-year period.
In crisis and transformation,real-world experience delivers.
Our Role
Independent investigation to assess internal integrity
Operating in a politically sensitive environment, our experts conducted a fact-based, objective assessment to strengthen internal governance and build public confidence in the company’s procurement integrity.
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.
We rigorously assessed procurement activities and vendor relationships for policy compliance and adherence to global procurement leading practices.
Our 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.
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