Bomas CEO Peter Koria charged, released on bail
He denied procurement fraud charges pressed against.
Source: the-star.co.ke
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Ukraine says it uncovers mass fraud in weapons procurement
The announcement of mass procurement fraud, confirmed by Ukraine's Defence Ministry, will have a huge resonance in a country beleaguered by Russia's nearly two-year-old invasion. The fight to root out endemic corruption remains a major issue as Ukraine presses its bid to secure membership in the European Union.
Source: yahoo.com
Don Seeks Fraud Management Policies, Strategies In Organisations
A University Don, Dr Kennedy Iwundu, has called for the institution of fraud management policies and strategies in organisations to combat the rising cases of
Source: leadership.ng
Mitigate procurement fraud
“Suppliers must know the requirements and rules before entering the procurement process”
Source: monitor.co.ug
Former Nigerian central bank chief arraigned and remanded in prison for alleged fraud
The former governor of the Central Bank of Nigeria, who was removed from office in June, was on Friday charged with procurement fraud at a local court, which remanded him in prison pending his bail ruling. In amended charges, the Nigerian goverment said Godwin Emefiele illegally awarded contracts for dozens of vehicles during his time as the governor of the apex bank in Africa’s largest economy, according to court documents. The charge sheet alleged that Emefiele used his position as the bank’s governor to “confer a corrupt advantage” on another member of staff by...
Source: yahoo.com