POL00030579 - Post Office Ltd Financial Investigation Policy, May 2010

Evidence on official site

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POL00030579
POL00030579

Post Office Ltd Financial Investigation Policy

PURPOSE
This policy describes the role of the Financial Investigation
Unit in mitigating losses and recovering Post Office funds
within the functions of the Post Office Ltd Fraud Team.

2. I INTRODUCTION
The Financial Investigation Team sits within the overall Fraud
Strand and its mission statement is:
“To mitigate the threat of ud against Post Office Ltd.
order to protect its People, Assets and Brand and Reputation”.
AIMS

3.1 I Aims
1. Provide effective support to the investigation team, casework
management team, Post Office Finance team and Criminal Law Team
in order to recover Post Office funds and mitigate losses.
2. At all times to adhere to UK and EU legislation and corporate
governance to ensure best practise is being adopted.
3. Ensure that the powers conferred under the Proceeds of Crime
Act 2002 are used appropriately by each Financial Investigator
during the course of any enquiry.
4. All financial investigations to be conducted with absolute
impartiality and proportionality.
5. Maximise efficient use of limited resources by ensuring good
communication and collaboration with all relevant parties.
6. Protect Post Office Ltd’s brand and reputation.
7. Develop policies to provide succession planning for the unit
to ensure an effective working team at all times.

5 STRUCTURE
The Financial Investigation Unit comprises of one team leader
who is also an Accredited Financial Investigator and one further
Accredited Financial Investigator, with the requirement to
recruit and train for a an additional qualified investigator.

version May 2010

Date 4% May 2010

POL00030579
POL00030579

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4. PRINCIPLES

1. The Financial Investigation Team to fully support and
interact with its stakeholders and partners.

2. The Team will ensure that all stakeholders and customers
are fully informed with all necessary developments.

3. All enquiries to be conducted within the due processes
available and with the necessary consideration given to
corporate policies.

5.
version May 2010
Date 4t» May 2010