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...Sébastien de Montessus was sacked as chief executive of the FTSE 100 group on Thursday for alleged “serious misconduct” after the board discovered an allegedly irregular payment instruction he had issued...
...The company has also “raised awareness among our employees in order to prevent such a case [from reoccurring],” he added....
...For busy managers every meeting has an objective, and when employees bring up other concerns, they’re derailing the mission to meet it....
...Endeavour did not name the others it claimed de Montessus acted with but said they were not employees of the company....
...They said Palihapitiya knew about and approved the special purpose vehicle, and that a number of Social Capital employees invested in it. “A number of employees invested in and worked on the SPV....
...As a whistleblower discovered at UK bank Barclays in 2016, your boss could try to find out who you are. Nor are bosses the only problem....
...It added that a separate allegation was made in October 2023 through its confidential whistleblower channel in relation to de Montessus’s personal conduct with employees....
...It was also blighted by a £55mn blow to annual revenues stemming from a compliance issue in two of its Middle Eastern markets discovered late in the period....
...De Montessus responded that “no misconduct of any kind was discovered because none occurred”....
...Previously, EY had stated that it regrets that “the collusive fraud at Wirecard was not discovered sooner”....
...A third-party investigation panel has now discovered 174 safety irregularities, which affected a total of 64 models including 22 models sold by Toyota....
...“But I have discovered a fascinating, and very creative, universe.” Slowly but surely, over the past five years Prost and his team have worked to revive what he terms “a sleeping beauty”....
...A study of a south-east Asian bank found, for example, that when workers discovered their bosses earned 10 per cent more than they previously thought, their sales revenue rose by 1 per cent....
...The ousting of de Montessus earlier this month came after Endeavour, which operates four gold mines in west Africa, alleged it discovered an irregular payment of $5.9mn made on his instructions in relation...
...“Perhaps for the first time in history both the Treasury and the OBR have discovered their inner Laffer Curve,” he declared....
...The US official, speaking on the condition of anonymity, declined to say if more had been discovered since then....
...The only two-timing case I have personally heard about concerned a man in that job at a small start-up who was sacked as soon as his bosses discovered what he was doing....
...A third-party investigation panel has discovered 174 safety irregularities, which affected a total of 64 models including 22 models sold by Toyota....
...Blake adds that an organisation’s mission is important to employees when assessing a new role....
...Utrecht Holdings has reported irregularities “involving three (former) employees”, the university said, adding that it would not comment further while the legal proceedings were ongoing....
...After taking over the business at the turn of the year, Aurelius discovered The Body Shop was in worse shape than it had envisaged. The firm immediately got to work trying to save its investment....
...the platform and its treatment of employees....
...The meeting was broadcast to employees worldwide but closed to the media....
...PDD employees use pseudonyms at work. It is also duelling with rival Alibaba to be the most valuable US-listed Chinese company, with a market capitalisation of $159bn....
...Gupta’s defence has alleged that Trafigura employees first proposed trading other materials that would be presented as nickel trades to the Singapore-based commodity trader’s lender Citibank, according to...
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