Investigating the display of dishonesty by those trusted and charged with governance (in government) is like taking a long journey down the darker paths of fraud, navigating the terrains of human nature, and unraveling the illusions of the ingenuity of Government fraudsters. The only way to combat government fraud is by constant vigilance.
Fraud against the government is an intentional act designed and carried out against the government to deprive it of much needed funds by deception and other unfair means. Fighting government fraud is a huge challenge that is of paramount concern if we are to keep our government financially strong.
Government Fraud and Corruption have been with us forever; however, in today’s world there is growing realization that these crimes greatly undermine trust in government. At this time of rising public demand for good governance and public official’s accountability for their conducts – most governments worldwide are striving to manage fraud and corruption risks. In today’s global economy, fraud and corruption can more easily set off a chain of events resulting in serious government international reputational loss.
Fraud costs trillions of dollars in damages each year worldwide and governments are among the most common victims. Government entities have been victims of every conceivable kind of swindle – we all pay for this loss directly or indirectly. However, there are steps that the government may take to help prevent this menace. Prevention usually starts with being well informed of the multifarious means which these fraudsters have devised and employed. Integrity institutions like the General Auditing Commission (GAC), the Internal Audit Agency (IAA), Public Procurement & Concession Commission (PPCC), the Financial Intelligent Unit (FIU), the Liberia Anti-Corruption Commission (LACC), Economic Crimes Investigators and Prosecutors of the Ministry of Justice, the Liberia National Police and etc. – must know about fraud, how it is carried out and its devastating effects. Armed with these fraud fighting tools, would definitely minimize the likelihood that the government would be victimized.
The recent so called crackdowns and prosecutions on some of Liberia’s bold face bribery and corruption cases leaves many with the belief that we are not yet prepared to take this menace head-on. To take this fight head-on, we must make the prevention and mitigation of bribery and corruption a top priority for Government. We must take the journey down the darker paths of government fraud with tenaciousness and by traversing through the terrains of human nature and extricating the trickeries of the contemporary fraudsters.
Of fundamental importance is the interest in how each act of bribery or corruption was engineered, how it was investigated and how the perpetrators were brought to justice, and these acts destructive impacts on society. The price of bribery and corruption has never been higher, and this must be of fundamental importance to us all as a nation.
Government Fraud is not a new development for humankind. It is as old as falsehood. As long as there have been recorded accounts of human history, there have been stories of deception, self-dealings and betrayals for personal gains in governments. We need to look no further than the Roman Empire for countless examples of corruption, bribery, political dishonesty and discarded alliances. The civilization that helped establish a blueprint of modern democratic governments also created a model for just about every corruption scheme imaginable. Fraud is a global problem with no geographic boundaries, while there are many differences in laws and practices from country to country.
A well-functioning government is very essential for a civilized society where the governments provide great values to their citizens and residents alike. Multifarious fraud schemes against the government are not only harmful and destructive to the government but also taxpayers and beneficiaries of government’s social services. The Surreptitious nature of fraud makes it difficult to measure it in any situation.
Defrauded government ministries, agencies and programs are spread out among various government-level departments, making it difficult to compile and analyze relevant data into a single resource.
TO BE CONTINUED.