Fraud prevention is better than detection and investigation.
MGLSD and DPs need assurance that the risk culture in ESP II is robust and that risks
are being managed effectively. Given the nature of the programme and the large
investment in cash transfers, major risks include financial and operational risks.
ESP understands that fraud prevention is better than detection and investigation and
that enterprise wide fraud awareness training is the leading fraud prevention tool. To
this end, ESP II has organized one day fraud awareness training as part of the overall
good governance strategy which encompass: a current state assessment of existing
anti-fraud arrangements and investigation; techniques, together with opportunities
for improvement; high-level process maps showing fraud risk points; strategy
improvement roadmap; fraud risk assessment; fraud control plan.