How estate corporate structure contribute to ethical breach


Assignment task: A former Worthy Park Estate employee has been implicated in an alleged $56 million fraud at the sugar and rum producing company in St Catherine.

The accused, 71-year-old Delcita Batchelor, worked as a senior cashier at the estate for 50 years. After retiring in November 2021, the company carried out an audit on its accounts. During the audit, it was revealed that sums could not be accounted for. The police were called in to investigate the matter. Following a police probe, the former employee was charged with embezzlement in February. It's not clear over what period the alleged crime may have taken place.

N.B: How did Worthy Park Estate's corporate structure contribute to this ethical breach only being discovered after the employee's retirement?   

Request for Solution File

Ask an Expert for Answer!!
Business Law and Ethics: How estate corporate structure contribute to ethical breach
Reference No:- TGS03215649

Expected delivery within 24 Hours