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Forensic. Advisory.

Fraud

Implementing Successful Whistleblower Strategies

The employee as an integral part in blowing the whistle.


Mustapha B. Mugisa, CFE, CEH
Fraud Examiner & Forensic Specialist.

What are the two fraud detection methods in your organization?


How are they implemented?

Forensic. Advisory. Fraud

Detection of Fraud Schemes

Frauds are much more likely to be detected by tips than by any other method.

2012 Association of Certified Fraud Examiners, Inc.


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Initial Detection of Occupational Frauds

2012 Association of Certified Fraud Examiners, Inc.

Detection of Fraud Schemes


Source of Tips

2012 Association of Certified Fraud Examiners, Inc.

Detection of Fraud Schemes


Impact of Hotlines

2012 Association of Certified Fraud Examiners, Inc.

Whistleblower in Uganda

The Whistle blowers Protection Act 2010


Provides procedures for protection of individuals who disclose information in public interest

Provides protection against victimisation of such people

Other best practices

2005 Code of Corporate Governance of US


In the 2005 Code of Corporate Governance (Code), the scope of duties of the Audit Committee was expanded, inter alia, to ensure that appropriate measures are put in place for employees to raise any concerns in strict confidence with respect to any act of misfeasance by the companys management, together with appropriate followup independent investigation of the concerns raised.

What has gone wrong?

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#1: Great strategy, poor implementation

Hotlines of local companies are managed abroad, where attendees dont know the local language! Processes are manual suggestion boxes No assurance of confidentiality and anonymity
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Cases like this would go free!

#2: Poor response team

Limited capacity to address the fraud problem Tips are not adequately reviewed to conclusion

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Case study
https://www.scethicsline.com

Web. Email. Phone.


English, Luganda and Swahili. 24/7
Forensic. Advisory. Fraud

Scethicsline.com features
1. Secure ensures total confidentiality & integrity

Cases like this would go free!

Scethicsline.com features
2. Secure ensures total confidentiality & integrity

Supports many organizations we can customize for your company.

Cases like this would go free!

Scethicsline.com features
3. Available 24/7 in English, Luganda and Swahili. Great reporting options and case management system. Web. Phone. Email We assure you of utmost confidentiality and anonymity.

Cases like this would go free!

Scethicsline.com features
4. Manage your tips any time any where Promote Transparency. Get reports on any staff misconduct or fraud or customer complaint.

Implementation period

1-4 weeks depending on size of the organization and readiness

Cases like this would go free!

Forensic. Advisory. Fraud

Q&A
Thanks for your time
Mustapha Mugisa, CFE, CEH, CISA, MBA, CPA, CrFA Forensic specialist & fraud examiner 0712984585, mmugisa@summitcl.com

Title of your presentation

www.summitcl.com

Summit Consulting
Forensic. Advisory. Fraud

We have been consistently ranked by our clients as the best in our areas.
We specialize in digital forensics, IT security, risk management and fraud prevention.

Our whistleblower reporting system is secure & anonymous.


https://www.scethicsline.com or email or phone.

Available 24/7. English. Luganda and Swahili.

Are you getting the right forensic, IT security and antifraud training?
www.iifft.org for all your training and certification needs.