The great computer catastrophe

Article Abstract:

Operational Strategy was a plan devised in the ealy 80's to computerise the administration of social security benefits and parliament was told in 1982 that the cost would be 700 million pounds sterling. After ten years the cost has been 1.3 billion pounds sterling more than the estimated cost and very few of the objectives have come to fruition. Staff savings have not materialised and the whole system lacks credibility. In 1991 at least 30 million pounds sterling had been overpaid in unemployent benefit and over 800,000 other errors were made. The public sector is by far the area where most losses and mistakes are being made.

Evaluation, Software, Computers, Digital computers, New product failure

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Property empire fails to account for diverted cash

Article Abstract:

Iranian landlord Mark Harouni has pleaded guilty to mortgage fraud. Harouni who owns many London properties charged tenants high service charges which went missing from out of the trust fund. Leaseholders paid 1,750 pounds sterling each, a total of 161,000 pounds sterling into Park Estates owned by Harouni in 1989. Harouni has never produced bank statements accounting for the money. In Wembley Harouni managed flats on behalf of Freshwaters property group. About 250,000 pounds sterling disappeared.

Fraud, Harouni, Mark

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Expatriates' cash helps Turkish armed struggle

Article Abstract:

The Kurdish Workers' Association (KWA), has been accused by the Turkish government of extorting money from their members and using it to finance terrorism against foreigners in Turkey. The KWA receive 64,000 pounds sterling from Haringey Council, London, England. Spokesmen for them and similar London associations for expatriate Turks and Kurds deny extortion and claim that such accusations are propaganda.

Finance, Turkey, War, Terrorism, Extortion, War finance

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