Justice: Powerless Against Accounting Frauds?

Politics ♦ Published: October 21, 2010; 14:55 ♦ (Vindobona)

A poorly equipped Justice is facing an increasingly complex subject, aggravated by insufficient legal regulation.

Justice: Powerless Against Accounting Frauds? / Picture: © Vindobona.org

The issue of balance sheet fraud seems to gain in importance in the wake of the not yet completely overcome economic crisis. 

"The more bankruptcies there are, the more attention is also being paid to the question of whether the situation of the company before the insolvency was reflected properly in the balance sheet", says Alexander Petsche from the law firm Baker &…