SACAA Annual Report 2022_23

PART C I Governance

15. MANAGING FRAUD AND CORRUPTION The Fraud and Corruption Prevention Framework was approved by the Board and was implemented, including all other supporting policies. The Fraud and Corruption Prevention Policy was amended to consider changes introduced by the National Treasury in dealing with procurement processes. In the period under review, various awareness campaigns were conducted internally and externally, including awareness campaigns relating to the

whistleblowing processes involving the Industry Liaison Forum (ILF), general staff meetings, Management meetings as well as sessions during the Culture Week. Implementation of the approved Annual Forensic – Fraud and Corruption Prevention Plan was done throughout the year. All set targets in the plan were implemented, which translated to a 100% achievement rate.

The finalisation of reported cases was as following: Financial Year (FY)

Total Cases received in the FY Finalized cases

Percentage(%)

2020/21 2021/22 2022/23

66 92 80

66 70 35

100%

76% 44%

Table 24: Status of Reported Cases

The majority of the incidents reported related to irregular aviation business practices, which needed the intervention of the SACAA to enforce compliance to regulations by various stakeholders. Management continued monitoring the forensic investigations that were conducted and expedited the implementation of the recommendations made by the Forensic Services Department, as well as incidents reported through the Fraud Hotline. The reporting and investigation of incidents were enhanced by Management’s commitment to fully implement the recommendations contained in the Forensic Investigation Reports. The Audit and Risk

Committee also monitored the implementation of the forensic reports. A comprehensive Fraud Risk Assessment was conducted during the year, and monitoring of corrective and improved management actions was done periodically to strengthen the internal control environment. The work done to manage and/or reduce fraud and corruption provided the Audit and Risk Committee as well as the Board with the required level of assurance that the risks associated with fraud, corruption, and maladministration were being managed effectively by the SACAA.

128 I Annual Report 2022/23 I Governance