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I wonder control gaps that were missed? I do know someone who works on the audit team and I want to ask 😂
That would indicate to me a weak third party management process/program, where they started paying invoices and there was no check and balance to see if this vendor was approved by appropriate team.
Ugh behind a paywall so couldn't finish it but wowww this sounds crazy! Looking it up now, and am really curious how this slipped...
Oh, you should definitely ask! Lol
Shoot your shot, OP. Ask them! Haha.