13 Mar 2006
Robert Adewunmi, 32, from Slough in Berkshire, has been jailed for four years for stealing nearly £1m from the deputy prime minister's office.
According to reports, Adewunmi hid his criminal past and lied about his qualifications to work for John Prescott.
He set up a front company and created an imaginary colleague to systematically siphon off up to £133,000 at a time. In total he used £867,200 of taxpayers' money to clear his debts with the rest spent on expensive cars, a property portfolio and on family portraits.
Adewunmi admitted one count of fraudulent trading and one of money laundering between September 2003 and the same month the following year.
Passing sentence, judge Christopher Hardy said Adewunmi had masterminded an 'audacious fraud on a large scale'.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
Visitor comments Add your comment
Accountant?
I notice in the headline accountant is put in quote marks. However, this is not required as, unfortunately, any person can call themselves an accountant.
There is no point in having a strict code of conduct for members of accounting bodies if any one can call themselves an accountant. Still, at £250k per year - not bad for 'unqualified'.
Posted by: Michael Agate FCMA, 14 Mar 2006 | 00:00