Deputy Finance Minister for Administration, Jordon Sulunteh has challenged members of the Association of Certified Fraud Examiners (ACFE) Liberia Chapter to always maintain integrity in the discharge of their respective duties.
Mr. Sulunteh threw out the challenged recently to fraud examiners at ceremony marking the end of a two-day seminar conducted for members of the association at the S. T. Nagbe United Church in Monrovia.
The two-day trainings brought together over 100 fraud examiners from the various ministries and agencies as well as those from the banking sector.
The training was facilitated by Jane W. Mugo, chief fraud examiner, and chief executive officer (CEO) of the Kenya Chapter of the ACFE.
According to Deputy Minister Sulunteh, the country depends on fraud examiners, and as such, those being trained must maintain integrity in the discharge of their duty as auditors, who will not compromise their country’s financial management and or interest.
“To curtail financial fraud in public and private institutions, members of the ACFE are hereby charged to further exhibit high degree of integrity in their profession, no matter the situation,” Mr. Sulunteh challenged.
The seminar was held under the theme, “Putting Fraud in Focus” with the objectives to among other things, develop a sustainable local anti-fraud; understand the nature of fraud; it root causes and the best practices of fighting fraud.
Fraud is an intentional act perpetrated by an individual to commit wrongful act for personal gains.
Participants interviewed said, they during the course of the training, they gained knowledge on building an ACFE local chapter; promoting the Certified Fraud Examiners profession in the country and at the same time, partnering with other stakeholders.
According to them, they also acquired knowledge in curtailing risk management; best practices in fraud risk management and the difference between internal controls and fraud prevention.
The ACFE is the World’s largest Anti-fraud Organization and Premier Provider of Anti-fraud training and education. The CFE credential requires specific qualifications and is achieved by the passing of the CFE exams.
ACFE Liberia Chapter was proposed after 70 auditors from both the General Auditing Commission (GAC) and the Ministry of Finance (MOF) sponsored by the GAC successfully passed the CFE exams in 2011.
Subsequently, elections were held and officials were elected to steer the affairs of the Chapter until general elections. Members of the leadership include: Jerome Pour, President; Farquema A. Cokie, Vice President; Augustine G. Chenoway, Secretary General; Charllortte Pearson-Weah, Treasurer and Jallah Kollie, Assistant Secretary General.
Currently, the Chapter is gear towards focusing on anti-fraud training, and creating awareness on fraud preventions and detections.