What to watch for
Warning signs of fraud, bribery or corruption to look out for include:
- Abnormal cash payments
- Pressure exerted for payments to be made urgently or ahead of schedule
- Payments being made through third party country, e.g. goods or services supplied to country 'A' but payment is being made, usually to a shell company, in country 'B'
- Abnormally high commission percentage being paid to a particular agency. This may be split into two accounts for the same agent, often in different jurisdictions
- Private meetings with public contractors or companies hoping to tender for contracts
- Lavish gifts being received
- An individual never takes time off for holidays, or when ill, or insists on dealing with specific contractors him/herself
- Making unexpected or illogical decisions accepting projects or contracts
- Unusually smooth process of cases where individual does not have the expected level of knowledge or expertise
- Abusing decision process or delegated powers in specific cases
- Agreeing to contracts that are not favourable to the organisation
- Unexplained preference for certain contractors during tendering period
- Avoidance of independent checks on tendering or contracting processes
- Raising barriers around specific roles or departments which are key in the tendering/contracting process
- Bypassing normal tendering/contractors procedure
- Invoices being agreed in excess of contract without reasonable cause
- Missing documents or records regarding meetings or decisions
- Company procedures or guidelines not being followed
- Lack of detail in invoices
- The payment of, or making funds available for high value expenses or school fees etc. on behalf of others
- Isolation and complete responsibility without input/oversight from others in the workplace.
This is not a complete list. If you suspect bribery or corruption, you should report it to the Serious Fraud Office.