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Case Studies - Procurement

Case Studies - Procurement (28/7/2017)

Procurement of goods and services is essential to a company’s operation and often involves substantial expenditure.  From the ICAC’s experience, it is one of the vulnerable business functions most susceptible to corrupt manipulation and malpractice.  Any corruption in procurement not only brings financial losses to a company, but also adversely affects its business reputation. 
  
The Portal has newly uploaded two procurement cases, namely “Leakage of Tender Information” and “Use of Bogus Invoices”.  These case scenarios are drawn up based on actual corruption cases.  Please click here to view the details.