My real life experience:-
- Joined the company and completed 3 months in a role.
- In the 4th month, my manager resigned and was scheduled to leave in 2 weeks after leave deductions.
- The Operations Director asked if I was willing to take over my manager’s responsibilities—I accepted the challenge.
- During the Handover-Takeover (HOTO) process, I discovered an unreported financial loss amounting to $80,000.
- I immediately escalated the issue to the Operations Director, who stated that the outgoing manager would be responsible for explaining the discrepancy.
- One month later, the Managing Director (MD) called for an urgent meeting regarding the financial loss.
- During the meeting, the MD questioned me about the $80,000 deficit. The Operations Director remained silent.
- I clarified that the loss was only uncovered during the HOTO process and had been escalated at that time.
- The MD stated that the financial loss would be held against me and instructed that I recover the amount.
- The following day, I submitted my resignation letter.