DVB Multimedia Group

Burmese Site.
  • News
    • Business
    • Environment
    • Health
    • Media
    • Politics
  • Lifestyle
    • Culture
    • Sport
    • Travel & Tourism
    • Society
  • Opinion & Analysis
    • Interview
  • Video
  • Photos
  • Features
  • Advertise
    • Visit us on FacebookVisit us on Facebook
    • Follow us on TwitterFollow us on Twitter
    DVB Multimedia Group

    Uncategorized

    PRESS STATEMENT: Misappropriation of DVB assets in the news network inside Burma

    • By DVB
    • 21 December 2011
    • Print
    • Email
      • Tweet

    Email This Story :

    • Send Story

    Investigations initiated by DVB, conducted by the PwC Forensic Services (PricewaterhouseCoopersAS), have revealed evidence of thefts of assets including cash, supplies, and equipment. The PwC investigations have also revealed assets bought privately by the involved trusted employees and probably financed through disloyal and possible fraudulent acts towards DVB.

    The PwC Report will be delivered to DVB at the end of this week (December 23, 2011).  Based on the presentation of findings by PwC to DVB and the donor organizations, DVB has decided to formally file a report to the prosecuting authority in Norway, as there is probable cause of suspicion towards two trusted employees handling the news network inside Burma (operational and financial managers) for acting disloyal and probably fraudulent.

    The DVB Board of Directors is of the opinion that the involved personnel have exploited a system based on trust and non audit trail cash handling.

    The DVB news network inside Burma has since its establishment in 2006 received a total of NOK 16 million ($US2.7 million). The PwC forensic audit report will present an estimate of the proceeds of the disloyal and possible fraudulent acts.

    The areas of these acts are misleading salary and cost reports, misuse of saving funds, retain of financial reports, manipulation of account information regarding investments, private investments etc. This implies that DVB journalists and families of jailed journalists did not get the payments they were entitled to.

    The report will include advise to DVB on how to improve the internal control procedure to avoid such incidents in the future. There is no reason to believe that other parts of DVB have been involved. DVB Board of Directors therefore has scheduled to reinstate the Executive Director and Deputy Executive Director of DVB as of 1 Jan 2012.

    Background: In May 2011 DVB was made aware of possible asset misappropriation (theft of assets including cash or supplies and equipment by staff in trusted positions for their own benefit). DVB management conducted its own internal investigation over the following months. DVB management reported the findings to the Board of Directors and donor organisations at the beginning of September 2011.

    In October 2011, PwC Forensic Services (PricewaterhouseCoopersAS) was retained as an external and independent consultant by DVB in order to conduct a forensic audit and to evaluate the internal control procedures. The PwC forensic audit has been focusing on the DVB Thailand (Mae Sot) office, which ran news network operations inside Burma.

    Contact person DVB:  Harald Bøckman, Chairperson DVB, tel. +47 94 14 38 38, [email protected]

    Contact person PwC: Partner Helge Kvamme, Leader Forensic Services, tel. +47 95 26 12 70, [email protected]

    • Previous story Border Childhoods
    • Next story Karen leaders, Burma govt meet in Thailand
    • Talk to DVB

      Newsletter

      job announcement

    • Opinion & Analysis

      • Justice in Burma: Wounds on the wall By VERONICA COLLINS
      • Democratising the public space in Burma By AYE THEIN
      • Reclaiming the narrative on women in Burma By MAGGI QUADRINI
    • Featured StoryMobilizing Young, First-time Voters is an Investment in Myanmar’s Future
    • More : Feature

      • Join Hands to End Violence Against Women and Girls
      • Grape growers feed an expanding wine market in Burma
      • Garment industry gears up for rise in minimum wage
      • Lured by a happily-ever-after dream, Rohingya girls sold in India
      • Chin State, marked by change, looks to hold on to its roots
    • In Photos

      • gallery

        Ethnic Lisu in China aim to save crossbow culture

      • gallery

        In Pictures: Chin National Day celebrated in Mindat

      • gallery

        In Pictures: Shan National Day draws a crowd to RCSS’s border headquarters

      • gallery

        Dinner for the Spirits

      • gallery

        Inside one of Kachin State’s newest IDP camps

    • Khan lessons on DVB
    • Home
    • Uncategorized
    • PRESS STATEMENT: Misappropriation of DVB assets in the news network inside Burma
    • News
      • Business
      • Environment
      • Health
      • Media
      • Politics
    • Analysis
    • Photos
    • Video
    • Contact
    • Privacy Policy
    • Advertise
    • Visit us on FacebookVisit us on Facebook
    • Follow us on TwitterFollow us on Twitter

    © Copyright 2013 DVB Multimedia Group