ABSTRACT
The background for this private policing of suspected economic crime in terms of an internal investigation by fraud examiners is slightly different from most other cases presented in this book, where the organizations themselves initiated investigations. Subsequently, lawyer and partner Nicolai Skridshol at the law firm Sands in Norway received an invitation from Bergen District Court to carry out the investigation. Sands found that in general, fraud examiners observed an extensive lack of control of invoices and timesheets from executives and board members. Art purchases, sponsorship of a Mexican artist, boat purchase in Monaco, and a personal legal dispute are some of the additional examples presented in the report by Sands. In the executive summary of the factual report, Sands lists Catharina Petronella Pos, James Wingett Hill, Bote De Vries, and Diederik Legger as board members who benefited from related party transactions.
