How would you handle an accusation of embezzlement of company funds?

Etini Willie

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Imagine you are the one saddled with handling a particular task in your organization and you are given money to execute the task. And a colleague comes up to accuse you of embezzling the funds and using it for your personal use. How would you handle such a situation? How would you prove your innocence in such a circumstance? Would you resign?
 
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Heatman

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I believe that if you try to resign without clearing the accusations, it will mean that you actually have something to hide which is why I believe that you should just present proof to support that you did not embezzle any fund.
 

Magnus2022

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The first step is to prove your innocence before contemplating of resigning. After proving your innocence, the next step is to get a lawyer and file case against those that are accusing you of been corrupt. In the petition make sure to include damages
 

Elendu

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It is important to maintain confidentiality and avoid discussing the accusation with others, especially on social media or other public forums because this can compromise your defense and damage your reputation
 

Springtime

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If I am put in charge of such a task, I would make sure that I make proper records of all the expenditures related to the Fund. If I am being accused of embezzlement of company funds, I would ask the person to show me his/her evidence. I would file an official complaint to the top management regarding the wrong accusation and demand an apology.
 

Niyi Briggs

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If I am put in charge of such a task, I would make sure that I make proper records of all the expenditures related to the Fund. If I am being accused of embezzlement of company funds, I would ask the person to show me his/her evidence. I would file an official complaint to the top management regarding the wrong accusation and demand an apology.
You nailed everything. If you are to do anything that has to do with money, please records are as important as life itself. Humans are something else when it comes to money. Your own friend would hang you in and leave you to die there. A proper record can save you.
 

Shavkat

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I think you can prove yourself innocence if not signing something for having this money on hand. Better yet, it is best to ask assistance and be investiagted before anything will go in a worse situation.
 

Etini Willie

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Concise records is the only thing that can save such a Staff. Without that, you would argue in vain and no one would believe you. I personally don't even like doing money matters at work.
You nailed everything. If you are to do anything that has to do with money, please records are as important as life itself. Humans are something else when it comes to money. Your own friend would hang you in and leave you to die there. A proper record can save you.
 

Bisolami

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I believe that if you try to resign without clearing the accusations, it will mean that you actually have something to hide which is why I believe that you should just present proof to support that you did not embezzle any fund.
Exactly
I will invite my lawyer and request for the case to be thoroughly investigated.
 

Heatman

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This can be very annoying but you have to proof a point of being honest by first just presenting a proof to support that you did not embezzle any fund.

I believe that if you don't have anything to do with embezzling of companies funds, there is no need for you to resign but to prove your innocence and actually get the person who accused you to be sacked.
 
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