At a recent seminar by the Conference of Association of Certified Fraud Examiners, Ghana Chapter focused on the ever-growing challenge of fraud within the public sector by, COP Maame Yaa Tiwaa Addo-Danquah(Mrs), the Executive Director of the Economic and Organised Crime Office (EOCO), brought attention to the significant complexities that modern fraud presents.
Her insights underscored the importance of both awareness and action in combating financial crimes that threaten not just Ghana's financial systems but the broader societal trust in public institutions.
Speaking to a room of public sector leaders, COP Maame Yaa noted the increasing sophistication of fraudulent activities, with new schemes appearing regularly. "We are facing fraud schemes that are constantly evolving," she explained. "Each day, we see criminals adapting to and even anticipating the systems we put in place to stop them.
This makes our job not only reactive but also one of constant innovation." One of the core challenges EOCO faces, she outlined, is the limited resources available for effective prevention.