Conference Day Two: Wednesday, 21st August 2019
Wednesday, August 21st, 2019
The case of eight city councillors being charged with fraud is a stark reminder of the problems in local government which is common across the sector. This investigation has led to a reprisal with one count of fraud and causing a dishonest detriment to the former CEO to the value of $100,000. If proven, the charges carry a penalty of up to 20 years in jail. This case study underpins wider fraud and risk issues that challenge the local government.
This session will discuss:
- Strengthening internal controls to assure local governments efficiently and effectively mitigate their fraud risks
- Closer monitoring and better protection for CEOS to reduce incidence and gain greater assurance of compliance with key fraud prevention strategies
- Encouraging employees to raise concerns and protection of whistleblowers as part of an integrated fraud management approach
- Upholding a good culture based on sound ethics and integrity which is reinforced by senior management for an effective fraud control framework