Forum: Do internal audit to ensure processes are sound to prevent fraud

Forum: Do internal audit to ensure processes are sound to prevent fraud

The Straits Times - Forum·2022-01-20 06:02

I refer to the Forum letter, "Iras should account for failure to detect grant fraud" (Jan 18).

Though the long arm of the law will catch the wrongdoers, full restitution for loss may not always be possible. Pursuit of accountability is also of little help.

Financially, prevention of malpractices is key in sound policy implementation.

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