© D.L. Crumbley
Overriding Internal Controls?
Saddam’s son presented a note with his father’s signature to the Iraqi Central Bank which resulted in a world record bank theft of $1 billion. A team of workers took two hours to load $900 million in U.S. $100 bills and $100 million in Euros into three tractor trailer trucks. This dirty deed was done before the employees came to work. Was this a straight bank robbery or an example of overriding internal controls by a high official?