The results of a company are very important as they allow to measures performances and therefore plan for the future.
However the case of Engen GB might be different Mr Badarou has put in place a powerful corruption system and he will do his best to hide that to the board.
The first step was to hire Mr Aminou Abaché who was working for the “Ernst and Young” Racine audit cabinet in Dakar.
Mr Abaché came at least 3 consecutive years to Bissau to audit “Total Guiné Bissau” as team leader .He was in very good terms the then head of Finance, Mr Badarou If there had been an “ethics committee” in Engen like there had been in “Total” those details would have drawn their attention. Mr Abaché has kept good contacts with his former co-workers at the audit cabinet and he sometimes asks them for advice on some difficult operations.
In Jan 2010, all employees were shocked to hear that at team from Mr Abaché former office came to audit Engen GB In the office, the atmosphere looked more like a get together party than an audit mission.
During the mission the team leader used to travel often between Bissau and Dakar. The other members ( 2 women) were probably not experienced enough to match the skills of former team leader (Mr Abaché).
What everybody can see is that sales are going down and Engen is obliged to do some promotion to attract more customers (dec 09-Mar 2010).
The leaders at Engen still do not see anything but one day they will be forced to.
