Delia Rubio, TI chair, indicated that “Covid-19 is not just a health and economic crisis. It’s a corruption crisis. However, disaster-related fraud is not a new phenomenon as relief activities by governments and NGOs during crises have historically been linked to increased corruption. In order to effectively address the reduced checks and balances when procuring during a crisis, it is therefore important to introduce compensating controls during and post the procurement cycle. In conclusion, businesses and governments must remain alert to risks posed by relaxed procurement processes during a crisis and ensure accountability during and beyond the crisis.
Source: The Star May 31, 2021 00:56 UTC