Ap­ply foren­sic sci­ence to stem cor­rup­tion: VP

Chronicle (Zimbabwe) - - Business - Harare Bureau

VICE PRES­I­DENT Em­mer­son Mnan­gagwa said there is need for a col­lec­tive ef­fort to fight cor­rup­tion as it is not only lim­ited to the pub­lic sec­tor but is also spread across the pri­vate sec­tor.

He said this in a key note speech read on his be­half by Min­is­ter in the Vice Pres­i­dent’s Of­fice Clif­ford Sibanda at the African As­so­ci­a­tion of Fi­nan­cial Foren­sic Anal­y­sis and Ex­hi­bi­tion Con­fer­ence last Thurs­day.

Vice Pres­i­dent Mnan­gagwa said foren­sic sci­ence should play a key role in stem­ming cor­rup­tion. He there­fore im­plored com­pany boards to in­cor­po­rate foren­sic ac­count­ing method­olo­gies in their au­dits to en­able them to get bet­ter value for money.

“On a re­lated note, I par­tic­u­larly want to urge the au­dit com­mit­tees of the var­i­ous com­pany boards, be they State en­ter­prises, paras­tatals and com­pa­nies, to de­lib­er­ately in­cor­po­rate foren­sic ac­count­ing method­olo­gies in their au­dits as this en­ables them to get bet­ter value for money,” said Vice Pres­i­dent Mnan­gagwa.

He also stressed the ur­gent need for the lo­cal chap­ter of the African As­so­ci­a­tion of Fi­nan­cial Foren­sics Anal­y­sis to con­duct com­pre­hen­sive re­search on the na­ture, causes ar­chi­tec­ture and mag­ni­tude of cor­rup­tion at­trib­uted to the pub­lic and pri­vate sec­tors in Zim­babwe.

Vice Pres­i­dent Mnan­gagwa said such knowl­edge en­ables fi­nan­cial foren­sic an­a­lysts to ef­fec­tively tar­get ap­pro­pri­ate in­ter­ven­tions to stem the can­cer.

He said Gov­ern­ment is cur­rently im­ple­ment­ing the Ten Point Plan enun­ci­ated by Pres­i­dent Mu­gabe which essen­tially eval­u­ates the thrust to main­tain growth and cre­ation of jobs.

“As Gov­ern­ment, we have come up with a Na­tional Code of Cor­po­rate Gov­er­nance, which pro­vides ad­di­tional im­pe­tus for Gov­ern­ment to re­view crit­i­cal pieces of leg­is­la­tion in or­der to en­sure that there is a broad leg­isla­tive frame­work and mea­sures to tackle is­sues of cor­rup­tion, which have be­come a can­cer­ous draw­back in our ef­forts to grow the econ­omy.

“Cor­rup­tion is not lim­ited to the pub­lic sec­tor alone but it is cross-cut­ting across all sec­tors,” said Vice Pres­i­dent Mnan­gagwa.

“I wish to un­der­score the fact that the fight against this al­lur­ing but ma­lig­nant can­cer must be ad­e­quately broad based and within the frame­work of a na­tional call to all Zim­bab­weans and all sec­tors to elim­i­nate the con­ta­gion. Foren­sic sci­ence will be a key han­dle in this fight.”

VP Em­mer­son Mnan­gagwa

Newspapers in English

Newspapers from Zimbabwe

© PressReader. All rights reserved.