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NATIONAL ANTI CORRUPTION

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NATIONAL ANTI CORRUPTION Powered By Docstoc
					NATIONAL ANTI CORRUPTION


   BUSINESS REPORT TO THE
   PORTFOLIO COMMITTEE ON
    PUBLIC ADMINISTRATION
           INTRODUCTION


 KING II REPORT & CORPORATE
  GOVERNANCE
 LISTED COMPANIES
 FRAUD
 BSA QUESTIONAIRE
               THE SHORT TERM
           INSURANCE INDUSTRY
Areas within the sector to be targeted
      Service Provider Corruption
      Business to Business Corruption
      Internal fraud and Corruption by employees
      Customer fraud
      Vehicle Salvage Industry

Areas outside the sector to be targeted
    Licensing and Registration Department
    SAPS Vehicle Safeguarding Units
    Illegal import of motor vehicles
Anti Corruption Initiatives introduced to date
  Code of Conduct
  Information Sharing Data Base
  Insurance Fraudline
  Protocols
  Donation of R2 million Rand to Business
     Against Crime
  Operation Prado
             LONG TERM INSURERS

Areas within the sector to be targeted
      Disability Fraud (Individual and Group)
      Customer Fraud related to funeral benefit claims
      Fraudulent death claims
      Funeral Business
      Retrenchment Cover


Areas outside the sector to be targeted
    Funeral Parlours/ Mortuaries
    Syndicates that work across the industries within the
     financial services sector
Anti Corruption Initiatives introduced to date
   LOA Life and Claims Register
   Reference Code
   Insurance Fraudline jointly with the Short Term
    Insurers
   Assistance from the Scorpions
            CHAMBER OF MINES


Areas within the sector to be targeted
   Precious product theft
   Illicit gold markets
   White collar fraud and corruption
   Copper theft
Anti Corruption Initiatives introduced to date
   Internal corporate measures
   External measures
   Standing Committee on Security
   Industry and SAPS combined initiatives
   Collaboration to combat White Collar crime and
    fraud
   Collaboration to combat Copper theft
  THE BANKING INSTITUTIONS
Areas within the sector to be targeted
    In sectors that deal with the awarding of contracts, tenders,
     purchasing and credit facilities.
    Staff fraud
    Appointments for example valuators, panel members( e.g
     attorneys conducting transfers on property
    Credit application fraud
    Impersonation fraud
    Any area that can be exposed to syndicate onslaughts.

Areas outside the sector to be targeted
    State departments (SAPS, justice, Deeds office, Master of
     the Supreme Court, health)
    Government tender processes
    Private Sector( any institution that could be awarded
     contracts)
Anti Corruption Initiatives introduced to date
   Zero Tolerance Policy
   Awareness and Communication
   Internal Fraud Units
   South African Fraud Prevention Service
   Business Against Crime Initiatives
BLACK MANAGEMENT FORUM

Areas within the sector to be targeted
 Misappropriation of funds by members - funds used for
  something other than what they were intended for Business to
 Business corruption-between service providers and members of
  staff Accounting and
 Auditing practices


Areas outside the sector to be targeted
 General fronting on Black Economic Empowerment deals (BEE
  as a sector)
 Financial services
 Local government
 Government procurement process
Anti Corruption Initiatives introduced to date
   B.M.F.
   Private Sector
                RETAIL INDUSTRY

Areas within the sector to be targeted
   Transportation and warehousing in appliances and
    pharmaceuticals.
   General reluctance by business to admit the scale
    of the problem
   Lack of investment in fraud prevention
   Identity theft
   Downplaying fraud statistics for fear of
    shareholder backlash
Anti Corruption Initiatives introduced to date
 Code of Conduct for the Consumer Council for South
  Africa
 Annual donations to Business Against Crime Kwa-
  Zulu Natal for the past four years – total in excess of
  R5 million.
 Established the Unilever Centre of Ethics and Natal
  University
 The South African Fraud Prevention Service
THE END

				
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