Greensill / Gupta – Might this Be a Whole New Type of “Invoice Fraud”?
The Greensill / Gupta financial affair might have highlighted a new type of invoice fraud, linked to supply chain finance provision.
Entries by Peter Smith
Retroactive Inducements – Greensill Capital, David Cameron and a Threat to Democracy & Capitalism?
We wrote about the collapse of Greensill Capital here, and more information has emerged on a daily basis over the last couple of weeks. It seems increasingly clear that the talk […]
PPE Scandals hit Italian & German Business and Politics – Will the UK Follow?
There have been interesting developments in terms of procurement of PPE in several European countries. Last month, the Times reported that magistrates in Italy had ordered the seizure of property […]
Greensill Capital – When Good Supply Chain Finance Turns Bad
Readers of the Financial Times (or the Sydney Morning Herald) will be well up to speed with the events at Greensill Capital, a leading provider of supply chain finance funding […]
Money No Object! UK Government Invites Proposals from Consulting Firms
(I asked CCS if they wanted to comment on this article and they said no). The Crown Commercial Service (CCS) is the central buying organisation for the UK government – […]
Be Careful with Social Value!
Bad buying takes many forms, and there is a risk we might see a new driver for poor procurement emerging in the coming months and years. The problems are avoidable, […]
Should Badly-Treated Suppliers Receive Millions? Green Paper Wrestles with a Tricky Issue
Just before the end of 2020, the UK government issued a Green Paper on the future of public procurement regulations post Brexit. I know, it sounds dull, but before you […]
Free School Lunch Boxes – What Went Wrong?
So what do we make of the UK schools lunch food box scandal? It all started with a mother posting a picture on social media of what she said were […]
The Proctopus Christmas Party and Awards – Including Bad Buying Failure of the Year!
Earlier this month the first Proctopus Christmas Party and Awards evening took place in the glittering surroundings of … Zoom. Proctopus is an informal group, largely LinkedIn based, that has […]