Case for corruption: abolition of value
Ruined the entity of Elo Touch Solutions
At Elo CEO, Craig Witsoe, gets away shouting “move
your asses” or, even worse, “Elo Hazing” in All hands meeting (November 2015).
Apparently Craig isn’t the only one. The entire team of so-called “leadership
team” loves to use slang and feels elated using abusive languages, even with
the external trading partners. Corbett Wood, the “CIO”, abruptly stated “bull-shit”
in the very first conference he attended during Belgium warehouse move. He didn’t
even understand what was being discussed. Later, the representative from the
new warehouse (and the new trading partner), called the Logistics Manager in
Belgium to discuss the language (surely the usage of words were not quite
acceptable in Belgium)
Nepotism:
In an organization, when you have VP of Operations and VP of HR from the same
family, you can imagine the amount of corruption that will prevail. The Tax
Director, Barbara Currie, wasn’t even aware of “use tax” during the SAP go-live
in March 2013. The SAP project manager had to explain the concept to her.
AP/Shared Services Manager, Demetria Cheatham, cant
detail out the procure to pay process. There were numerous occasions, where SAP
Project Manager based out of Milpitas, CA had to re-explain the entire process
of invoice posting against purchasing documents. This would raise concern on
the background of the person hired for the job.
Hiring
of contractors by Akash Verma to get kickbacks was quite aptly pointed out by
the SAP Project Manager. Back in December 2015, security consultant, Adithya
Goka, messed up allocations for entire finance approvers resulting in
operations at quarter end close (Adithya Goka used to charge $140/hr). Another
Finance consultant, Kumar Thiagarajan, was hired by Akash Verma at $135/hr.
Kumar was expert in searching for answers on internet. He would claim a
solution even when the solution wont even exist
outside of some search results using internet search (Google, you are great).
Worse still, SAP Project Manager based out of Milpitas CA, warned Akash of a
serious flaw in implementation done by JK Technologies team. Akash choose to
ignore and at one point in time, there was a logistics lockout to the tune of
more than $6 million (4th through 9th February 2016).
Unfortunately, the SAP Project Manager was laid-off. It is well known that
Akash Verma was protecting the kickbacks and could not risk the SAP project
manager who would be able to expose the level of corruption in at Elo.