Low-level fraud is a high-level issue
13 September 2012
The London Borough of Havering fraud case has brought to light a weakness in local government buying. David Arminas examines how deep it is likely to go
The London Borough of Havering has had a hard look at its procurement processes after a former IT buyer committed fraud during 1999 and 2000.
The sums involved in the Havering case are small compared with much highly publicised financial or energy sector cases, such as Enron and Andersen, over the past five years.
Nonetheless, the two questions it raises...