Category Archives: Fraud & corruption

Procurement fraud costs UK more than £5 million

KPMG’s Fraud Barometer finds seven cases of purchasing fraud totalling £5,096,805.

Posted in 2012, cat-news, Fraud & corruption, News, Purchasing, Risk & continuity | Comments Off on Procurement fraud costs UK more than £5 million

Four purchasers found guilty in £66m corruption case

Southwark Crown Court finds four men conspired to receive payments from bidders in exchange for supplying insider information about contracts.

Posted in 2012, cat-news, Fraud & corruption, International, News, Purchasing | Comments Off on Four purchasers found guilty in £66m corruption case

Supplier fraud in the public sector up by 19 per cent

Buyers are advised to keep a closer eye on third parties and act when they uncover corruption.

Posted in 2012, cat-news, Fraud & corruption, News, Public sector, Purchasing, Risk & continuity | Comments Off on Supplier fraud in the public sector up by 19 per cent

Bribery Act proves no barrier to most businesses

Only 6 per cent of companies say updated UK anti-corruption legislation has affected their ability to do business.

Posted in 2011, cat-news, Fraud & corruption, Law, News, Paul Snell, Purchasing | Comments Off on Bribery Act proves no barrier to most businesses

Angola named one of world’s riskiest business places

The southern African nation is one of nine countries labelled ‘extreme risk’ in an analyst report.

Posted in 2011, cat-news, Fraud & corruption, International, News, Purchasing, Risk & continuity, Southern Africa, Supply chain | Comments Off on Angola named one of world’s riskiest business places

Angola named one of world’s riskiest business places

The southern African nation is one of nine countries labelled ‘extreme risk’ in an analyst report.

Posted in 2011, cat-news, Fraud & corruption, Home page top story, International, News, Purchasing, Risk & continuity, Southern Africa, Supply chain | Comments Off on Angola named one of world’s riskiest business places

Buyers should beware of present policy

Suppliers and staff must be fully informed whether it is acceptable to give or receive gifts and hospitality.

Posted in 2011, cat-news, Fraud & corruption, Law, News, Purchasing | Comments Off on Buyers should beware of present policy

UK perceived more corrupt than Germany

The UK is trailing behind 15 other countries on the Corruption Perceptions Index 2011.

Posted in 2011, cat-news, Fraud & corruption, International, News, Risk & continuity, Southern Africa | Comments Off on UK perceived more corrupt than Germany