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Six-figure credit card 'fraud' at Creative Scotland went undetected | |
(35 minutes later) | |
The publicly-funded arts body Creative Scotland has admitted that more than £100,000 was spent on a credit card after its theft went undetected. | |
It said the loss was because of "weaknesses" in its financial systems. | It said the loss was because of "weaknesses" in its financial systems. |
The spending spree on the card took place as Creative Scotland was formed from the merger of the Scottish Arts Council and Scottish Screen. | The spending spree on the card took place as Creative Scotland was formed from the merger of the Scottish Arts Council and Scottish Screen. |
A statement claimed that "robust systems" had been put in place to prevent such fraud happening again. | A statement claimed that "robust systems" had been put in place to prevent such fraud happening again. |
The £100,000 charged to the card included drinks, tickets, flights and hotels. | The £100,000 charged to the card included drinks, tickets, flights and hotels. |
Creative Scotland said the misuse of the card was "registered" with police but no further action was pursued at the time. | Creative Scotland said the misuse of the card was "registered" with police but no further action was pursued at the time. |
'Robust systems' | 'Robust systems' |
In a statement it said: "This fraud occurred at a time when Creative Scotland was first formed and in the process of bringing together two sets of legacy finance systems from the Scottish Arts Council and Scottish Screen. | In a statement it said: "This fraud occurred at a time when Creative Scotland was first formed and in the process of bringing together two sets of legacy finance systems from the Scottish Arts Council and Scottish Screen. |
"We fully acknowledge weaknesses in our systems at that time time which led to the fraud going undetected." | "We fully acknowledge weaknesses in our systems at that time time which led to the fraud going undetected." |
It said legal advice had been sought and the police had been contacted again with a view to further action. | It said legal advice had been sought and the police had been contacted again with a view to further action. |
The statement added: "Robust systems are now in place to prevent such a fraud happening again. | The statement added: "Robust systems are now in place to prevent such a fraud happening again. |
"We have regular internal and external auditing and continue to improve the quality of our financial monitoring on an ongoing basis." | "We have regular internal and external auditing and continue to improve the quality of our financial monitoring on an ongoing basis." |
The arts body has a new chief executive, Janet Archer, who took up her post in July. | The arts body has a new chief executive, Janet Archer, who took up her post in July. |
She said: "One of my first priorities in my new role as CEO of Creative Scotland has been to initiate an audit of all our policies, systems and processes. | She said: "One of my first priorities in my new role as CEO of Creative Scotland has been to initiate an audit of all our policies, systems and processes. |
"I am keen to establish a culture where people think carefully about what they spend money on before they spend it and I am working hard with my senior leadership team to ensure we operate efficiently and effectively." | "I am keen to establish a culture where people think carefully about what they spend money on before they spend it and I am working hard with my senior leadership team to ensure we operate efficiently and effectively." |
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