The Crown Prosecution Service head of central fraud Sue Patten said : “In this case, the fraudsters directly targeted scarce public funds earmarked to ensure the success of London 2012.”
…Kamara scammed the money by contacting the ODA claiming to be a finance director of Skanska and he requested the ODA change account details to a company called AK Legal Solutions – which was his own account. A planned bank transfer of £2,301,422 went directly into the account and the money was cleared two days later.
Around £2.14m of the ODA money has since been recovered but £250,000 is still missing.
Detailed news link : here