Q.28 James works in a large investment. Recently, a new fund manager joined the team. Through a friend, who also happens to be a former colleague of the newly hired manager, James finds out that the new fund manager was adversely mentioned in a case involving accounting fraud in his previous firm, but details of the incident were not available in the public domain. James’s firm has a robust recruitment process and part of its policy entails detailed background checks on all prospective employees. James assumes that the firm’s recruitment team must have looked into the manager’s records and thus he does not feel compelled to disclose this information to the head of recruitment. He is also wary of damaging his relationship with the new fund manager. Select the most appropriate statement: