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Entries in Ian Foxley (4)


Rahul Rose: Has the UK audit regulator been captured by those it regulates?

In the prior post, I described the lackluster approach to enforcement that has characterized the Financial Reporting Council. What's the cause? A large part of the explanation lies in the regulator’s closeness to those that it is supposed to be holding to account.

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Rahul Rose: When will the UK audit regulator take corruption seriously? 

The Financial Reporting Council is investigating KPMG for failing to spot large-scale bribery at Rolls-Royce. But there are serious questions whether the regulator, which is yet to impose a sanction in a corruption-related case, will carry out a proper inquiry.

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SFO confirms Airbus bribe probe

The UK Serious Fraud Office said Monday it has opened a criminal investigation into allegations of fraud, bribery, and corruption in the civil aviation business of Airbus Group.

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Whistleblower Ian Foxley takes beating, still looks himself in the eye

Ian Foxley, former program director for GPTIan Foxley was six months into his new job overseeing a $3.5 billion supply contract between the UK Ministry of Defense (MoD) and Saudi Arabia’s National Guard, when he noticed that a procurement document requiring his signature included $2.5 million in strange, additional charges.

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