Anti-fraud and corruption policy
Annex B - Criteria for quantifying fraud
1 Financial cost
- Proven criminal losses
- Civil losses proven on probability
- Estimated losses not evidenced (in the opinion of the chief internal auditor)
- Costs of investigation etc.
2 Service implications
- Implications to wider service delivery
- Implications to customers
- Implications to council partners
3 Organisational implications
- Anti-fraud culture
- Corporate governance issues eg policy / control failures
4 Reputational risks
- Trust of the public
- Trust of stakeholders
- Trust of customers
