Problem
A multinational learned that certain of its accounts in a West African subsidiary had been emptied and funds directed to various locations - including one to a bank account in Turkey - via forged payment orders.

Scope
IRM was instructed to learn who the ostensible and actual beneficiaries of these payments had been, where they were, and to where the funds had been directed.

Solution
IRM made contact with municipal, police, local and financial sources. We established all aspects of the scope, though in many respects the track had been muddied with false identities and addresses. Information was also found suggestive of banking negligence and therefore a further platform for recovery.

Result
Compelling evidence was brought to bear in legal action against the Turkish correpondent bank that had authorised the withdrawal of the funds fraudulently transferred.