What sort of complaints may CIB investigate?
Any complaint that provides good reason for an investigation and where there is both a public interest in investigating and the prospect of follow up action resulting. Generally there must be reasonable grounds to suspect fraud, serious misconduct or material irregularity in a companys affairs. (CIB does not carry out criminal investigations, but its findings may be used to launch criminal proceedings). CIB will not usually investigate where: The matter is already being investigated (including a criminal investigation) and a further investigation would produce no additional benefit for the wider public and/or would hamper the existing investigation. The only issue is non payment of a debt, or resolution of a commercial dispute (unless there appears to be a pattern of misconduct). The issue is internal to the company, its management, or shareholders and there is no wider public interest in investigating. CIB has no powers to intervene in a companys internal affairs, management or contro
