Held to account

15 April 2009
There is something not quite right about the Airbus approach to investigating possible staff fraud. On the face of it might seem like a good idea  - to check whether any of your supplier bank account details match your employees’. But a good idea for about one minute. As well as being highly divisive – how would you feel if the boss had been prodding around in your current account for any reason other than depositing your monthly salary? It surely isn’t even that effective? As we report in the 16 April cover feature, fraudsters eventually get complacent, feeling untouchable about their embezzlement. But only the most dim-witted would not have the wherewithal to open another bank account before shipping in a load of illegal cash. While this kind of investigation is now illegal it was at the time perfectly OK in the eyes of the law. As the new Airbus management team has been keen to point out, all of this happened on the previous watch. And they are understandably washing their hands of it. What's your take on the matter?
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