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Aug 16 : A man in his 30s was arrested and remains in custody on suspicion of fraud, West Midlands Police said on Sunday, after a security operation caused disruption at the European Athletics Championships in Birmingham the previous evening.
British media reported that several athletes, including Britain’s Amy Hunt, and thousands of spectators were delayed from leaving Alexander Stadium for more than an hour after an incident involving armed police on Saturday night.
The police said concerns were raised after a man was found with the wrong accreditation.
“As a precaution, security measures were put in place and transport for the Championship staff and athletes were suspended. This then led to delays to transport from the stadium for the wider public,” the police added.
“We understand the concern this may have caused and can confirm there was no…
PROCUREMENT & EXPENDITURE (STOPPING KICKBACKS)
Procurement fraud usually involves inflated invoices or “fictitious” vendors.
- The Three-Way Match: Never pay an invoice unless you have matched the Purchase Order (PO), the Delivery Note (signed), and the Supplier Invoice.
- Vendor Master File Review: Review your vendor list annually. Look for suppliers with the same bank details or physical addresses as your employees.
- Dual Authorization: Implement a “Two-to-Sign” rule for all EFT payments above a certain threshold (e.g., R5,000).
- No “Cashing” of Checks: If you still use physical checks, strictly prohibit “Cash” as a payee and store blank checks in a dual-lock safe.