Legal Notes: Corruption risks increase with construction industry growth - constructconnect.com - Daily Commercial News

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John Bleasby's latest Legal Notes column looks at how corruption risks increase with construction industry growth.

, a global forensics consultancy. “Malpractices like extortion, bribery and fraud in construction projects can have a damaging effect on developing as well as developed countries.”

“It can be a complicated process for an organization, particularly if they do not have the requisite investigative capabilities, e.g. digital forensics specialists, interviewing skills, time, policies, procedures, processes, best practices and do not follow or understand investigative best practices.”

“Digital forensics and data analytics technology should help identify procurement and finance systems red flags.” The objective of this fact-finding mission is to establish whether “inappropriate conduct” occurred and by whom, whether the actions were a violation of the law or company policy and if there is a need for self-disclosure to a regulator.

Most memorable came as a result of the 2011 Charbonneau Commission that spanned more than 260 days. Its final 2015 report described massive amounts of corruption and collusion in the Quebec construction industry and made 60 recommendations to address the problem.

 

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