Port-of-Spain: Accounting firm Ernst and Young believes more can be done to reduce corruption and fraud in Trinidad and Tobago.
As he addressed at a Fraud Investigations Seminar hosted by the firm this morning, Advisory Services Partner Arnold Niranjan pointed out that this country’s anti-corruption and fraud legislation is on par with the United States and United Kingdom.
He noted however that despite having similar legislation, Trinidad and Tobago is rated considerably lower on the global corruption perception index than both the US and the UK.
He says while the legislation may be adequate, there exists a culture within Trinidad and Tobago and a general sense of unwillingness to enforce measures to prevent corruption and fraud at various levels.
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