Fraud is a global problem, affecting organisations across every region and industry worldwide. Governments lose hundreds of billions of dollars annually to corruption and fraud, with the US government estimated to lose about $233 billion each year. In Kenya, former President Uhuru Kenyatta once said the country was losing approximately Sh2 billion every day to corruption. A few years ago, while attending an investor conference in Washington, DC, I struck up a conversation with a fellow attendee during a break. Upon learning that I was from Kenya, he remarked, “It is a great country with great people and enormous…
Author: By Abukar Abdirahman
Fraud is a global problem, affecting organisations across every region and industry worldwide. Governments lose hundreds of billions of dollars annually to corruption and fraud, with the US government estimated to lose about $233 billion each year. In Kenya, former President Uhuru Kenyatta once said the country was losing approximately Sh2 billion every day to corruption. A few years ago, while attending an investor conference in Washington, DC, I struck up a conversation with a fellow attendee during a break. Upon learning that I was from Kenya, he remarked, “It is a great country with great people and enormous…