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wxplain and elaborate further, to match the 30 mark allocation. Ismail is on the Board of Directors at ABC Limited, which is a Company that
wxplain and elaborate further, to match the 30 mark allocation.
Ismail is on the Board of Directors at ABC Limited, which is a Company that specialises in investing people's savings into annuity policies held over the long term. In his position as a member of the Board he has access to certain private financia documents and he discovers some very sensitive information regarding the activities of the CEO of the Company. It comes to his awareness that the CEO has been siphoning client funds in small almost undetectable amounts. The CEO is paying multiple clients incrementally less on their investments returns than what actually accrued on the investment and is doing this with hundreds of clients, the total amount of theft amassing to almost R20 million rands. Ismail is afraid to go to the Board as he does not want his identity revealed, but wants to expose this criminal behaviour. He comes to you for advice. Advise Ismai on the best way forward Step by Step Solution
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