Purchasers warned to beat corruption or face the sack_2
19 July 2012
Purchasers put their jobs at risk if they fail to tackle corrupt supply practices, a leading fraud investigator has warned.
Allan McDonagh, managing director of fraud prevention group Hibis Europe, told the recent “Developing winning strategies to combat fraud” conference in London that procurement fraud is often misconceived as an auditor’s problem.
“Fraud is the responsibility of every manager,” said McDonagh, a former investigator for Customs...