Print version: Nyasulu, Kamudoni. Hypocrisy of the African public finance management framework : the case of Malawi. New York, New York : Business Expert Press, 2017 127 pages Finance and financial management collection. ISBN 9781947098503
Includes bibliographical references and index
1. Colonial state -- 2. Postcolonial state -- 3. Democratic state -- 4. Public finance management -- 5. Fraud -- 6. The hypocrisy -- 7. Conclusion -- Bibliography -- Index.
Huge headlines across Africa have lamented the debilitating effects of corruption and fraud on the African economies and development. But is Africa ready for this fight? Do the anti-fraud practitioners possess strategies to equip Africa for this fight? This book highlights some of the major challenges facing African developing and post conflict countries with regard to, among others: (1) policy, political will, and legal framework in the prevention and deterrence of fraud and corruption; (2) strategies, coordination of institutional frameworks and institutions; lack of human and infrastructural resources as well as the time- and energy-intensive nature required for fraud detection, investigation, and resolution. The leadership and citizens of these countries are aware of the effects of fraud and corruption but lack the strategies and sometimes the resources to prevent, deter, detect, investigate, or resolve fraud and corruption incidences. This is compounded by huge deficits in compliance as laws are either ignored or deliberately contravened; regulations and ethical practices are circumvented. The book makes comments on some initiatives that have been tried at different levels of governance to stimulate debate in search of effective approaches to equip Africa fight fraud and corruption..