FRAUDulent AWARD

shivapillai

Par 100 posts (V.I.P)
Imagine if there was a prize or an award for those who had undertaken fraudulent activities - some of the biggest, nastiest - in the past or the present. Who do you think would be the top contenders? Some that I could think of:

1. Jerome Kerviel - SocGen
2. Nick Leeson - Barrings Bank
3. Ramalinga Raju - Satyam

I was quite impressed with Jerome's fraudulent talent - given the fact that this was the single biggest internal fraud in the history of investment banking, resulting in a loss of over $7 billion.

Your toughts :)
 

shivibhanot

Par 100 posts (V.I.P)
Legislative Instrument (LI) 1606 of 1995 stipulates among other things that "a District Tender Board shall advise the District Assemblies on the award of contracts in the District and that each Assembly shall establish a Technical Evaluation Team to evaluate the responsiveness of each tendered bid in the context of conditions prescribed for the tender, evaluate the financial competitiveness of a tendered bid".
 
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