Case StudyCentral Europe

Defense Industry Due Diligence

• Background
  A defense company with business interests in Central Europe approached Veracity to assess the risks of maintaining its business ties with a local company involved in several political- and corruption-related scandals.
• Action
  Through interviews with a wide range of sources and open-source research Veracity determined that the business relationship presented a moderate level of corruption and reputation-related risk to the client. Veracity also uncovered problematic connections between the local company’s executives and high-level politicians in multiple countries.
• Results
  Veracity’s findings and analysis allowed the client to continue operating in the region while mitigating the risks posed by its local partner.