Fraud Prevention & Corruption in Procurement

Date: 16 January 2020

Venue: M Hotel

Overview

target audience

Trainer

Procurement fraud is dishonestly obtaining an advantage, avoiding an obligation or stealing or redirecting funds during the acquisition, sale or management of goods or services.

Procurement fraud extends across many industries, and the types of fraud vary in levels of sophistication.

The purchasing function represents one of the biggest opportunities for fraud in any organization – and the potential for expensive losses.

By being alert to the various forms and schemes procurement fraud can take and identifying the risks, you will be better able to protect your organization from falling victim.

A good place to start is by having a code of conduct that establishes ethical policies and procedures. This helps employees make good decisions and provides a framework for dealing with situations that may be questionable.

MR. TOMMY SEAH

Certified Fraud Examiner

ACFE Regent Emeritus

Tommy is a person you want to meet. Not just because of his life accomplishments. At his age, it. means absolutely nothing to him.

Without a doubt, to the chagrin of his detractors, he is one person who does really not lean on any awards or credentials to attract participants to his training program or advisory services. If you have known him in person, you will know that he is irresistibly unpretentious and holds strong views with a ruthlessly honest attitude in dealing with people. It is his immutable presentation style and sheer force of personality that attracts both admirers and detractors.

Procurement Officers | Purchasing Officers | Risk Managers | Compliance Officers | Operations Managers | Finance Managers | Training Managers | Relations Managers | HR Managers |  Internal Control Officers | all Bank Internal Auditors