You are required to select any two local companies or any two organizations in Fiji who had involved in contract and procurement fraud. You need to research and analyzed the causes of contract and procurement fraud while considering the following questions. How does a corruption scheme in procurement work? What are the goals of any procurement-related corruption strategy? What are the different strategies to prevent contact and procurement fraud by actively evaluating and estimating their risk exposure and their vulnerability to fraud.

Answer rating: 100% (QA)

Answer The classic example of procurement fraud is where an employee or employees conspires with an outside supplier to defraud the employer in a variety of ways usually the employee receives some typ... View the full answer