Tyco's CEO and CFO looted the company through unapproved bonuses and loans
Tyco International · Industrial conglomerate (listed)
The case in brief
Visible before detection
Checks that could have surfaced it, on hindsight
Governance signals
Would have tested whether executive loans and bonuses had board approval.
Can mislead when: Private companies file late, so these signals are lagging. Kubr uses them to support other flags, not to prove anything alone.
End-use tracing of funds
Would have traced company payments to executives' personal purchases.
Can mislead when: Kubr sees only the company's own accounts. Once money reaches a third party's bank, Kubr can flag the payee but cannot see the next hop without that party's consent.
Ownership / related-party links
Would have mapped payments to executives and their related parties.
Can mislead when: Nominee directors and offshore layers hide links. Name matching throws up false positives, so every flag shows its evidence path.
Where Kubr services would have helped
Borrower monitor
Offered in India- C3 Would have mapped payments to executives and their related parties.
- C6 Would have traced company payments to executives' personal purchases.
- C11 Would have tested whether executive loans and bonuses had board approval.
Verified Snapshot
Offered in India- C3 Would have mapped payments to executives and their related parties.
- C11 Would have tested whether executive loans and bonuses had board approval.
Legal diligence support
Offered in India- C3 Would have mapped payments to executives and their related parties.
- C11 Would have tested whether executive loans and bonuses had board approval.
Promoter profiles
Offered in India- C3 Would have mapped payments to executives and their related parties.
- C11 Would have tested whether executive loans and bonuses had board approval.
Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.
Same pattern
A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.