Local embezzlement of private funds jumped by 82 percent to 100 reported cases in 2015, surging for a second consecutive year, according to the Central Bank's Special Investigation Commission (SIC).
This category represents 65 percent of all kinds of embezzlements. Foreign embezzlement of private funds accounts for 17 percent of the total. Foreign and local embezzlements of public funds represent the remaining 12 and six percent respectively, according to SIC's 2015 annual report. Reporte...
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This category represents 65 percent of all kinds of embezzlements. Foreign embezzlement of private funds accounts for 17 percent of the total. Foreign and local embezzlements of public funds represent the remaining 12 and six percent respectively, according to SIC's 2015 annual report. Reporte...
Article details
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