Here we are going to discuss the two different scandals related to corruption and also highlight the ethics through its leaders.

        Rolls-Royce has to pay a huge amount for the resolving issue of criminal prosecution for corruption, prevent bribery and false accounting techniques used within the organization by the UK serious fraud office; this agreement is going to follow for four years.  But the leading company of UK has to face a process of investigation and its outcomes which was a humble moment for the organization. The serious fraud office and other authorities are didn’t want to accept this behavior and we are going to apologies for our unethical behavior. During the conduction of investigation of Rolls Royce  the chief executive said that the expectation with the rolls Royce are very high from its customers, investors and partners  and this not suitable for company to behave like this. The investigation is going to present the corrupted company in front of many countries and company is going to consider that in corruption practice no any intermediaries should be involved. This issue also arise this question that how we can maintain our trust on companies where the bribery and intermediaries are common and they can achieve their targets through behave properly. For this issue many remedies are going to applied with in the company like on bribery polices must be prepared and training must be given to all staff members. Also minimize the number of intermediaries due to their illegal behavior. So it’s the company who is going to overcome this issue and then again maintain its reputation.

        In next case, London interbank also going to involve with the employees. The key financial benchmark is going to manipulate through different frauds and employees also set fake accounts of customers to meet their targets. Unethical behavior is going to appear by let the staff under pressure and force to hit the target. The employees are going to cross ethical lines because they want to get financial incentives, status and competition among colleagues. Because in this regard they think that we are doing right. (myFT, n.d.)

        There is much type of risks that are going to involve in the accountability, transparency of operations and employee ethical conduct that effect the new procurement agency (PA). As we know that the accountability, transparency and ethical conduct are very much important related to ethical point of view. Accountability explains that the authoritative persons must be utilizing their authority in most appropriate manner. Transparency explain that all the operations must be going to conducted in proper and clearly mentioned procedures and the employees of the organization have to ethical behave with every other person  that risks are going to be minimize because when the authorities are going to misuse then the illegal actions going to take place. Transparency show that every taken step is according to preplanned processes. And the ethical behavior of employee is long lasting beneficial for the organizations. (Ssonko, 2010)

References of  Principal business analyst for OA:  

Hopwood, S., n.d. The Importance of Business Ethics. [Online]
Available at: http://www.seanhopwood.com/blog/leadership-and-management/2018/01/the-importance-of-business-ethics-5107
[Accessed 8 january 2018].

myFT, S. t., n.d. Corruption scandals show why leaders should highlight ethics. [Online]
Available at: https://www.ft.com/content/cd6ca798-aeb6-11e7-8076-0a4bdda92ca2
[Accessed 16 november 2017].

Ssonko, D. D. K., 2010. ETHICS, ACCOUNTABILITY, TRANSPARENCY, INTEGRITY AND. pp. 2-8.