Category Archives: Fraud & corruption

UK procurement fraud to rise in 2013

Procurement and supply chain fraud is expected to increase next year, as the weak economy continues to put people under financial pressure.

Posted in 2012, cat-news, Fraud & corruption, News, Purchasing, Supply chain | Comments Off on UK procurement fraud to rise in 2013

Political system leaves UK ‘vulnerable to corruption’

‘Scandals’ have been blamed for nation’s poor performance in Transparency International’s annual global survey, which reveals China has also slipped in the rankings.

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Procurement fraud on the increase, but value falls

It is clearly under-reported in comparison to our own experiences, said BDO’s head of fraud services Simon Bevan.

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Nearly 400 firms blacklisted from tenders in Tanzania

The African country’s procurement regulatory authority has banned 393 firms from bidding for public contracts.

Posted in 2012, cat-news, Fraud & corruption, News, Public sector, Purchasing, Southern Africa | Comments Off on Nearly 400 firms blacklisted from tenders in Tanzania

Bribery Act: one year on

On the first anniversary of the Bribery Act, business and anti-corruption lobby groups continue to dispute whether the law has an adverse impact on the UK.

Posted in 2012, cat-news, Fraud & corruption, Home page top story, Law, News, Purchasing, Risk & continuity | Comments Off on Bribery Act: one year on

Law proposed to prevent local authority corruption in Namibia

Institute of Public Policy Research report provides recommendations to halt public sector sleaze.

Posted in 2012, cat-news, Fraud & corruption, Home page top story, News, Public sector | Comments Off on Law proposed to prevent local authority corruption in Namibia

More e-procurement could cut corruption in Europe

Greater investment in electronic purchasing would provide greater transparency and reduce the potential for fraud and corruption in public procurement, says Transparency International.

Posted in 2012, cat-news, Fraud & corruption, International, News, Purchasing, Risk & continuity, Technology | Comments Off on More e-procurement could cut corruption in Europe

CFOs would act unethically to win business

Some 15 per cent of CFOs believe making cash payments to win business is acceptable, a worldwide survey has found.

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Senior purchaser convicted of £2 million fraud

Ross Knowles, the former head of energy procurement for the Laser Energy Buying Group at Kent County Council, has been found guilty of fraud by Maidstone Crown Court.

Posted in 2012, cat-news, Fraud & corruption, Law, News, Public sector, Purchasing, Risk & continuity | Comments Off on Senior purchaser convicted of £2 million fraud

Procurement fraud costs public sector £2.3 billion

Fraudsters are swindling the taxpayer through double invoicing, kickbacks and rigged bids.

Posted in 2012, cat-news, Fraud & corruption, News, Public sector, Purchasing, Risk & continuity | Comments Off on Procurement fraud costs public sector £2.3 billion