G4S: a sorry security tale

So, what's with G4S?
The big international company has been publicly disgraced for it's inability to come through on a contract to provide security guards for the Olympics in London. The British government is calling out the army to make up a possible shortfall of several thousand guards.
Questioned by a parliamentary committee, G4S chief executive, Nick Buckles admitted that the Olympic security contract had turned into "a humiliating shambles" left his company's reputation in tatters.
It seems a strange turn of events for a company that bills itself as the "world's leading security solutions group." G4S has operations in 125 countries, and with more than 650,000 employees is the world's third largest private employer (after Walmart and Foxconn, a Chinese computer hardware manufacturer).
Especially considering the company had two years to prepare for the Olympics.
In a blog post describing G4S's inability to deliver as "incompetence on an astonishing scale," Dr. Matthew Ashton, politics lecturer at Nottingham Trent University, pointed to a huge oversight and management failure on the part of both the company and the government.
Asking why the army wasn't involved from the beginning, he suggests it is because the often repeated received wisdom that the private sector must be able to do anything better than the state can.
And so, he says, "I'm willing to bet that even after making a complete hash of the Olympic games job, G4S will continue to win government contracts in the future, with some spurious reason being offered up as to why this time it'll be different."
For Edmontonians, the G4S name will also come to mind in connection with the July 15 shooting of four of its employees during an armoured car delivery robbery on the University of Alberta campus. A fifth employee, 21-year-old Travis Baumgartner, was subsequently arrested and charged with the killings and the robbery.
This isn't the first time that kind of thing has happened to G4S. In December 2007, the equivalent of 20 million euros disappeared from the safe in the Prague office of its Czech subsidiary. Fortunately in this case there was no violence; no-one was killed or injured.
G4S employee Frantisek Prochazka is alleged to have taken the money, in 500, 1000 and 2000 Czech Koruna notes, from the safe and loaded it into four metal cases, which he took out to a vehicle waiting on the company's grounds. A male accomplice drove the car away and Prochazka went back in and finished his shift.
Unlike Baumgartner, stopped at the U.S. border shortly after the robbery with $330,000 in cash, Prochazka has not been located. he was one of those named in Interpol's Infra-Red 2012 campaign seeking public help in tracking down wanted fugitives.
The 37-year-old speaks English and is believed to alter his appearance by sometimes wearing a beard or mustache, shaving his head and  switching between glasses and contacts. He is considered dangerous and may be armed.
Interpol believes there is a good possibility that Prochazka is in Canada, among other possibilities including the U.K., Dominican Republic, Honduras, Mexico and the U.S. More information is available here: http://www.interpol.int/Media/Files/Crime-areas/Fugitives/Operation-Infra-Red/Wanted-persons-Infra-Red-20122/PROCHAZKA-Frantisek