Our clients, a multi-national corporate, were considering a joint venture with a substantial chemical company based in Africa. The African company had strong affiliations with two European engineering groups. We were commissioned to prepare a full and detailed due diligence report on the three companies, with particular attention to any references, allegations, complaints or convictions in relation to bribery and corruption.
Our report of some 1500 pages was incredibly thorough and included current activities, previous and current JVs, reputation, projects. It also included individual reports on all directors, to include financial history, criminal records, other interests and directorships, political affiliations, bribery and corruption allegations and investigations.
Our report, which spanned eight jurisdictions, was instrumental in future decisions regarding their relationship with these companies.