Daily Nation Newspaper

Materialis­ed materialis­ed materialis­ed into into into action action action being taken taken takenby by theby the the company. company. company. The bidding covers The tool tool tool covers covers matters matters mattersto to to do with suspicious do with

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“The reality however, based on “The what reality has been however, happening based is on that what we has are as been strong strong happening as as the the weakest materialis­ed materialis­ed materialis­ed into into action into action action being being being is that link we link are in in as the strong payment as the ecosystem,” taken materialis­ed taken by the by by the company. the into company. company. action being weakest link he said. in said. the payment

It The tool by The the tool covers tool company. covers covers matters matters to to ecosystem,” It is is therefore he said. clear clear that that taken while do with The do with unfair with tool unfair unfair covers bidding bidding matters process, process, to

It only is therefore a few major clear frauds frauds that are conflict do tails. conflict with conflict of unfair interest, of of interest, bidding interest, suspicious process, suspicious while picked only up a few by the major the public, public, frauds

transactio­ns conflict transactio­ns In of most interest, instances, regarding suspicious claims docuhuge are picked sums are lost up lost by by all all kinds public, kinds transactio­ns

and transactio­ns ment money fraud laundering, regarding laundering, can be prevented, among of huge businesses sums are as lost result a result by of all of the kinds the and money laundering,

others. and after money all prevention laundering, is among the best high of businesses number of as smaller result frauds frauds of the that form of medicine for the human high are number of smaller on daily a frauds daily basis. body and the body of an organthat are committed on a daily isation. Creating system that basis. While most businesses, especially those fully establishe­d through corporatio­ns and Small Medium Enterprise­s (SMEs), still think that fraud will not happen them, and in the process fail to take preventati­ve steps safeguard money and assets, the reality for most is case of ‘ when will we become a victim’, rather than ‘if’.

As earlier stated that the insurance manufactur­ing are among the in

suffering the highest

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