QUESTION $1[25$ MARKS$]$ABC Limited directors discovered that employees colluded to overcome control systems put inplace. The company lost US$$2$ billion through fraud and embezzlement. The directors tried allstrategies in the books but failed to change the situation. After seeking legal advice, the directorswere informed to engage a corporate governance expert.Required

a$)$ The directors picked you. Advise them on the possible governance causes of such ethicalbehaviour by the employees of ABC Limited.b$)$ Recommend the governance strategies the board of directors can put in place to remedy thesituation in the company.