Recently, Cemex was involved in a legal process to recover monies following unauthorised spending on a company-issued credit card by a former employee. The individual continued to use their Travel and Expenses card after leaving Cemex for a variety of personal purchases, accruing a total of over £2,000.

Unfortunately, the former employee did not provide sufficient evidence to counteract claims of fraudulent transactions and did not cooperate fully with our Legal Team to resolve the outstanding debt.

As a result, Cemex initiated court proceedings, which ultimately led to full repayment, including legal costs, within the required timeframe to avoid a County Court Judgment being registered on the individual’s credit file. This case serves as a timely reminder of the importance of robust controls and clear communication between Managers, HR, and GES.

Please remember to follow the company policy around use of T&E cards, and in particular, Line Managers must be vigilant when approving expense reports and facilitating leavers from the business.

 In particular:

• Prompt Cancellation of Company Cards: Company-issued credit cards should be withdrawn from employees as soon as practicable when they leave Cemex. GES and HR now work closely to ensure this process is followed, reducing the risk of similar incidents occurring in the future.

• Regular Statement Reviews: Managers are reminded to review the travel expense claims submitted by their reports carefully to ensure all charges are legitimate and related to business activities. Vigilance in this area helps protect both our people and the company from potential misuse.

Cemex is committed to recovering any sums owed to the company. Where necessary, we will pursue legal avenues to ensure reimbursement of unauthorised spending, while always seeking to resolve matters constructively and fairly.

By working together, we can safeguard company resources and uphold our standards of integrity.