Procurement fraud is dishonestly obtaining an advantage, avoiding an obligation or stealing or redirecting funds during the acquisition, sale or management of goods, works or services. Any act or omission, including misrepresentation that knowingly or recklessly misleads a party to obtain financial benefits is investigated.
TPS conducts a comprehensive fraud audit in organization's procurement process that will alert the management and stakeholders of the different forms and schemes of Fraud in Procurement activities.