Forensics, Risk & Compliance Training

Event Details

Businesses need to factor in the risk of bribery and corruption in their official interactions and day-to-day activities. For businesses operating across countries, other considerations to have in mind include the different countries' regulatory and enforcement frameworks, conflicting information and the rapid evolution of technology. These are among key factors for ensuring successful business growth and profitability.

In this regard, we invite you to participate in a training program facilitated by ALN | Anjarwalla & Khanna focusing on some of these key factors as well as on the risk, compliance and operating concerns, highlighting opportunities that are available to enable businesses to thrive and run more efficiently.

The program is structed as 4 training sessions focused on specific areas as follows:

Session 1 - Tuesday, June 22, 2021, 10 - 11.30 a.m.

Effective measures to meet local and U.S. regulatory requirements in respect of financial crime.

Session 2 - Thursday, June 24, 2021, 10 - 11.30 a.m.

Third-party risk and how to proactively manage it (Prevent, detect and respond).

Session 3 -Wednesday, June 30, 2021, 10 - 11.30 a.m.

Assessing the risk of fraud and leakage in your business.

Session 4 - Thursday, July 1, 2021, 10 - 11.30 a.m.

Current trends and the impact of Cyber Crime in East Africa.

*8 CPD points will be issued by Africa Legal to participants who complete all the training sessions.

Trainers

Willie Oelofse

Director, Forensics, Risk and Compliance, ALN Kenya|Anjarwalla & Khanna (A&K)

Paul Otongolo

Senior Manager, Forensics, Risk and Compliance, ALN Kenya|Anjarwalla & Khanna (A&K)

Jeremy Muyela

Senior Manager - Forensics & Investigations, ALN Kenya|Anjarwalla & Khanna (A&K)

With over twenty five years of experience, he has successfully advised organisations in addressing complex matters on risk in general, financial crime including fraud, bribery and corruption, anti-money laundering and non-compliance in both the private and public sectors. He has particular expertise in forensic investigations, fraud risk management, financial crime, abuse or insider trading, ethics and compliance, corporate intelligence, contract compliance, dispute advisory, forensic technology and crisis management.

Willie has extensive experience working on cross-border assignments and delivering solutions across Africa. Prior to joining A&K, Willie headed up the forensic teams at two of the Big Four accounting and auditing firms where he had overall responsibility for developing the firms’ forensic strategy and offerings across East Africa.

FORENSIC ADVISORY

A large UK insurance company in connection with the implementation of a group-wide anti-bribery corruption programme.

A listed manufacturing company in Kenya in connection with fraud risk management strategy and framework review.

A Pan-African insurance firm in connection with a financial crime framework assessment for anti-money laundering & combating financing of terrorism.

A financial services company in connection with a review of the anti-fraud framework.

A large multinational financial institution in connection with conducting an assessment of a large number of customer accounts.

Various companies in Africa in connection with AML and KYC remediation, investigations and reporting of suspicious activity.

FORENSIC INVESTIGATION

A leading insurance firm in East Africa in connection with a forensic investigation of its broker on boarding and commission payment process.

A leading African airline operator in connection with a forensic audit to evaluate its system of internal controls.
A distributor of a leading US mining company to in connection with a FCPA review.

A leading oil company with presence in Kenya and Uganda in connection with a forensic audit conducted over stock discrepancies.

A pan-African housing agency in connection with a forensic audit.

A health department in provincial Government in connection with an investigation of alleged misappropriation of USD 13 million of government aid funds intended for child feeding schemes.

A large entertainment company in Europe in connection with a forensic investigation into the manipulation of financial systems and fraudulent transactions.

A housing company in Europe in connection with an investigation into the misappropriation of the assets of the company by its former directors.

An international construction and engineering company with operations in Mozambique in connection with an investigation into fraud and theft by the company director accused of misusing and mismanaged projects.

A mining company in South Africa in connection an investigation into the misappropriation of the assets of the company by its former directors and employees.

The transport sector in South Africa in connection with an investigation of corruption in respect of subsidies provided by the Government to local bus operators with specific focus on the extensions of the contracts by individuals in the department – kick backs.

A trade union in South Africa in connection with an investigation into fraudulent actions by senior trade union representatives during the distribution of funds to workers.

Paul has over 10 years’ experience in financial consulting. He has been involved in fraud investigations, dispute advisory projects, restructuring engagements and internal audit reviews. He also has wide ranging experience in fraud investigations as a project lead, including review of procurement matters, asset and cash misappropriation, loss quantification, employee misconduct, fraud, risk analysis, corruption/ethical environment assessment, due diligence and dispute advisory engagements.
Representative transactions include advising:

Pre-A&K
An American client in connection with a review of the claimed existence, capacity and operations of a Kenyan firm and its Sudanese affiliate.

An insurance claimant in connection with the computation of the amount due from an insurance company following loss of production machinery, evaluating the claimant’s and insurance company’s obligations based on the policy, actions following the loss of insured assets and computing the amount due from the insurance company in this matter.

A government parastatal in connection with the determination of the amount due to a third party in an arbitration matter.

A development agency in Tanzania in connection with an investigation into a health sector disbursement it made.

A South Africa-based investment venture in connection with the review of a prominent Tanzanian hotel.

A government agency in connection with the establishment of its land holdings due to uncertainty of the status of parcels it had held since its establishment.

Memberships
Association for Certified Fraud Examiners

Certified Public Accountant of Kenya - CPA(K)

Professional Qualifications
Master of Commerce (Forensic Accounting), Strathmore University, Ongoing

Bachelor of Commerce (Finance), Catholic University of Eastern Africa, 2008

Jeremy Muyela has over 14 years’ practical experience cutting across financial accounting, finance, risk management and forensic investigations. He has successfully advised organisations in addressing complex matters on risk management and controls assessments, external audit, internal audit reviews, due diligence assignments and sustainability reporting assignments, among others, across industries such as public sector, financial services and manufacturing, for a cross section of clients in Kenya, Uganda Tanzania and Ethiopia. Prior to joining A&K, Jeremy was a Manager at one of the Big Four accounting and auditing firms and previously worked with UBS Fund Services (Cayman) and HSBC Bank (Cayman).

Representative transactions include advising:

PRE-A&K
A mid-tier investment management organization in East Africa in connection with a special investigation into allegations of pilferage of funds made in an internal audit report.

A mid-tier manufacturing firm in Kenya in connection with a forensic investigation of its supplier on-boarding and tendering process.

Deals in the areas of enterprise risk management, risk based internal audit reviews, controls assessments, project audits, quality assurance review (QAR), forensic investigations and anti-money laundering services across industries such as public sector, financial services, NGOs and manufacturing, for a variety of clients in Kenya, Uganda, Tanzania and Ethiopia.

Training and presenting in events on various topics, including risk management, building effective compliance programmes, fraud risk management and anti-bribery and corruption.