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Forensic Audit: التدقيق الجنائي; Discussions and Updates. Thank You GMA for insisting!!!

Do you support GMA: BDL Forensic Audit is key to identify and fix corruption and the economy?


  • Total voters
    18

Frisbeetarian

Legendary Member
what zbib is saying is definitely not true. this rumor is circulating far and wide on social media. i am surprised however that zbib himself would be contributing to circulating it, he should know better.

A&M has a disputes and investigations department that carries out forensic auditing.


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Berardino became managing partner – chief executive officer of Andersen Worldwide (the governing body of Andersen's operations in 84 countries including 85,000 people) in January 2001 shortly after its split with Andersen Consulting (Accenture). When Andersen's client Enron declared bankruptcy in the highly publicized Enron scandal, Berardino appeared before Congress and announced a series of steps to improve Andersen and the accounting profession. In early 2002, when Andersen discovered that its auditors had been involved with shredding documents related to the Enron audit, Berardino disclosed this activity voluntarily to the U.S. Department of Justice and the SEC. While in Tokyo meeting with Asia-Pacific partners in an attempt to keep the firm together, Berardino received the news that the U.S. Justice Department was likely to indict the firm.
 

Dark Angel

Legendary Member
Berardino became managing partner – chief executive officer of Andersen Worldwide (the governing body of Andersen's operations in 84 countries including 85,000 people) in January 2001 shortly after its split with Andersen Consulting (Accenture). When Andersen's client Enron declared bankruptcy in the highly publicized Enron scandal, Berardino appeared before Congress and announced a series of steps to improve Andersen and the accounting profession. In early 2002, when Andersen discovered that its auditors had been involved with shredding documents related to the Enron audit, Berardino disclosed this activity voluntarily to the U.S. Department of Justice and the SEC. While in Tokyo meeting with Asia-Pacific partners in an attempt to keep the firm together, Berardino received the news that the U.S. Justice Department was likely to indict the firm.
first, berardino cooperated with the congress and worked together with a congressional committee to put together measures and regulations to decrease fraudulent activity related to accounting. not every time a name is put together in the same paragraph as something scandalous it means that they are the same. read and understand only then make a conclusion.

second, berardino is in a completely different department with A&M in a completely different role, and will have nothing to do with the Lebanese forensic audit. the former CEO of andersen is now an employee in a completely different firm.

Berardino is currently a managing director (since 2008) based in New York. Joe works with public companies in need of corporate transformation typically caused by disruptions to their historic business models.

third, why not put the whole thing? when you are quoting that story?
Berardino hired former Federal Reserve chairman Paul Volcker in February 2002 to create an independent oversight board and reform Andersen into a pure auditing business. On March 14, 2002, the Justice Department indicted Andersen for obstruction of justice based on the document shredding which took place.​
Initially, the firm's 18-strong Board of partners asked Berardino to stay on. He resigned on March 26, 2002, in the hope that justice would reconsider the indictment. They did not, and Andersen was convicted of obstruction of justice on June 15, 2002. By the end of August, it surrendered its licenses to audit public companies in the US.​
In 2006, the Supreme Court of the U.S. overturned this conviction in a unanimous opinion. It was a symbolic victory for the defunct accounting firm.
but thank you for your concern.
 

Dark Angel

Legendary Member
He said that they're not specialized in the matter. Which seems to be true given that all you could find was screenshots off of their site, 3ish ma3 description kamen.
thawra thawra thawra thawra
shefna ktir ashkel w alwen in the last year, we've seen rationality raped over and over.
so don't worry you dude, i would only be surprised if you ever say anything other than what you are saying now.
 

Dark Angel

Legendary Member
chu yaane not specialized in the matter, either they have a department that can handle such issues or they dont.
apparently the screenshots i captured from their website showing that they have a specific department for forensic auditing must somehow suggest they don't do forensic auditing. :woot:🥴
 

lebnan_lilkel

Legendary Member
Orange Room Supporter
Its great to see anyone auditing our books. The comedy will start soon. We have missing books from 93-96 , in an era of no wars. They will need to question Fouad Siniora 8+4 almost 12 years. 4 years no books. Mousalsal Ramadan next year will be interesting.
 

Danny Z

Legendary Member
Its great to see anyone auditing our books. The comedy will start soon. We have missing books from 93-96 , in an era of no wars. They will need to question Fouad Siniora 8+4 almost 12 years. 4 years no books. Mousalsal Ramadan next year will be interesting.
They will audit books and get paid shi 2 million dollar from I don't know where the government will get. Maybe they will pay them in L.L on 1,507 or maybe in Lollar, and then the auditor will say something for example like money was stolen and books were cheated. Ok then what?
Maybe the governement will find one guy to arrest ma 2elou 2imeh, like Michel Smeha, oh wait he is in prison already, shi kharfoush teni they can find to say they we are working, and then kholset. Ma fi 7alleh gher el sha3eb y2lelbon kellon french revolution style with Guillotines in every square, where are the shabi77a that are ready to make a mashkal for a parking spot. This is where they should put their efforts.
 

Dark Angel

Legendary Member
They will audit books and get paid shi 2 million dollar from I don't know where the government will get maybe they will pay them in L.L on 1,507 or maybe in Lollar, and then the auditor will say something for example like money was stolen and books were cheated. Ok then what?
Maybe the governement will find one guy to arrest ma 2elou 2imeh, like Michel Smeha, oh wait he is in prison already, shi kharfoush teni they can find to say they we are working, and then kholset. Ma fi 7alleh gher el sha3eb y2lelbon kellon french revolution style with Guillotines in every square, where are the shabi77a that are ready to make a mashkal for a parking spot. This is where they should put their efforts.
the Lebanese people are unfit to take matters into their own hands, with a minor exception, they are an exact reflection of the current ruling class in all all its spectrum, this is where the core of the problem always is, and it is getting worse with every passing day.

the best we can hope for is that by some miracle a foreign entity will take over Lebanese and enforce a strict enough rule that will not suffocate the people but will force them to get inline.
 

lebnan_lilkel

Legendary Member
Orange Room Supporter
Kroll forensic audit in Mozambique as an example.
Kroll, the god of forensic auditors, was unable to complete its work because documentation was withheld. This is what will happen in Lebanon if there isn’t public pressure, transparency, and a change of laws. The change in law required is the lifting of banking secrecy. Can someone who couldn't get funds for electricity , fighting a decade long, tell me who will pass such a law ?
 

Danny Z

Legendary Member
the Lebanese people are unfit to take matters into their own hands, with a minor exception, they are an exact reflection of the current ruling class in all all its spectrum, this is where the core of the problem always is, and it is getting worse with every passing day.

the best we can hope for is that by some miracle a foreign entity will take over Lebanese and enforce a strict enough rule that will not suffocate the people but will force them to get inline.
It happened before, that entity was contributing to stealing the country with the other fat hariri. Occupation never helped the occupied country in history, the occupier always plundered the goods of the occupied to enrich the center of power of the occupier. Whether it is geographical or or the modern style financial occupation. Same results
 

Dark Angel

Legendary Member
It happened before, that entity was contributing to stealing the country with the other fat hariri. Occupation never helped the occupied country in history, the occupier always plundered the goods of the occupied to enrich the center of power of the occupier. Whether it is geographical or or the modern style financial occupation. Same results
what goods? there is nothing left to be plundered dude, and we are unable to raise anything of value worth plundering. the best we have are 3 years old spoiled chicken and a population that is more concerned about political bickering than about its own health and its own interests. there is no such thing as a bright tomorrow for such a nation.
 

Danny Z

Legendary Member
what goods? there is nothing left to be plundered dude, and we are unable to raise anything of value worth plundering. the best we have are 3 years old spoiled chicken and a population that is more concerned about political bickering than about its own health and its own interests. there is no such thing as a bright tomorrow for such a nation.
so why would anybody occupy you then, khalas failed nation mogadishu style, people should get few boats and start hijacking ships in the mediterannean... If there is nothing to plunder why is Berri still around?
 

Mrsrx

Not an expert!
Staff member
It was a symbolic victory for the defunct accounting firm
It is not completely defunct been into one of their holdings being rented to a few companies to continue paying some of their legal bills :D ... Arthur Andersen is still paying their lawyers 20 years later to manage that massive meltdown...
 

Mrsrx

Not an expert!
Staff member
If there is nothing to plunder why is Berri still around?
It is his love for the country and patriotism that keeps him around! 3ayb hal 7ake...


(Stealing was just the cherry on top and he is hoping to get a few cents lamma nbi3 lebnen 3a kaser w ota3 ghiar + Randa bet7eb Atayef 7elweyet el BABA)
 

Walidos

Legendary Member
Orange Room Supporter
Let's face it, they are getting paid $2.3m to find out how the money went missing. If they can't do it they shouldn't get paid.
There are two possibilities: The money got stolen or someone gambled with it. Either way it's a crime and more than one will be held responsible.
Political crooks including Presidents and Prime Ministers have been jailed even in third world countries. I'm confident Lebanon will follow suit with the support of its suffering people. The more we suffer now the better the chances to nail even the so called “untouchables”
You are far more optimistic than I am!
 

Walidos

Legendary Member
Orange Room Supporter
wont we find dirt on every big auditing firm if we dig enough through their past?

as long as they can show us the dreadful theft that was being done through majles el e3mar and majles el janoub and majles el 2ighatha w sandou2 el mohajarin i’ll gladly call it a success
I don’t know, I have not dig up dirt on anyone before... but yeah I’m a bit skeptical as this passed and Kroll did not, and without any media confrontation... weird. In all cases, even 1 case busted would be a success... let’s see
 
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