Fraud and Corruption Practices in the Public Sector; the Impact of Forensic Accountants: Comparative Study of Cameroon and Nigeria

Posted: 10 Nov 2015 Last revised: 24 Feb 2021

See all articles by Professor Alain Ndedi

Professor Alain Ndedi

ISTG-AC; International Council for Family Business; YENEPAD; Saint Monica University; University of Johannesburg; University of Pretoria; Charisma University

Professor Kelly Kingsly

Independent; Regional Advisory Commision on Financial Markets; Harvard University, Harvard Kennedy School (HKS), Students; Copperstone University ; Charisma university; University of Yaounde II ; Harvard kennedy school

Date Written: November 9, 2015

Abstract

The current study research is based on a Doctorate dissertation conducted by Mr. Kelly Mua Kingsley under the supervision of Professor Alain Ndedi, assisted by Professor JJ Asongu and Professor Rafael Bisaliev at the Saint Monica University. Fraud and Corruption Practices in Public Sector; the impact of forensic accountants: Comparative Study of Cameroon and Nigeria’ Fraud and corruption have eaten deep into the fabric of most economies with grievous effects that have limited the growth and infrastructural development of many nations and led many firms to the road of bankruptcy. Fraud is rarely seen but the symptoms of fraud are usually observed. Over the years, fraud and corruption has eaten deep into virtually all sectors in developing nations to the deterrence of real growth. The study is to determine the level of fraud and corrupt practices and how to curb the menace in Cameroon and Nigeria.

Since this study intends to compare fraud and corruption (FAC) practice in public sector in Cameroon and Nigeria, the broken trust theory is preferred because it provides a framework to uncover the determinants of and possible motivations behind FAC practice in the public sector of an economy.

To achieve this, a grand total of 750 copies of questionnaire were distributed among selected auditors, academics, forensic experts, law enforcement agents, risk managers and Ministries Departments and Agencies (MDAs) employees (junior and senior staff) and private sector employees. In addition, survey research method was used to obtain primary data that were collated, analyzed, summarized and interpreted accordingly, with the aid of statistical tools considered appropriate for the study. The findings presented graphically and in a tabular form using charts, Percentile Average for comparative analysis of data obtained in MDAs in Cameroon and Nigeria.

The research finding shows that there is significant relationship between fraud and corruption practice and economic growth and development in the public sector in Cameroon and Nigeria. Based on the findings of this study, it is recommended that for an effective and enduring anti-corruption campaign, each component MDAs in the Public Sector need to localize government’s efforts to sanitize the polity.

Keywords: Fraud, Corruption, Cameroon, Nigeria

Suggested Citation

Ndedi, Alain Aime and Ndedi, Alain Aime and Kingsly, Professor kelly and Kingsly, Professor kelly and Kingsly, Professor kelly, Fraud and Corruption Practices in the Public Sector; the Impact of Forensic Accountants: Comparative Study of Cameroon and Nigeria (November 9, 2015). Available at SSRN: https://ssrn.com/abstract=2688042

Alain Aime Ndedi (Contact Author)

ISTG-AC ( email )

Douala
Cameroon
Douala, WY Littoral 2012

International Council for Family Business ( email )

San Diego
United States

YENEPAD

PO Box 30069
Suunyside
Pretoria, Pretoria 0135
South Africa
+27 84 992 9499 (Phone)

HOME PAGE: http://yenepad.virtualactivism.net

Saint Monica University ( email )

P.O. BOX 132
Buea, South West
Cameroon
237698727474 (Phone)
23767992-0777 (Fax)

HOME PAGE: http://www.stmonicauniversity.com

University of Johannesburg ( email )

UJ ADMINISTRATION. University of Johannesburg
PO Box 524. Auckland Park 2006.
Johannesburg, Gauteng
South Africa

HOME PAGE: http://www.uj.ac.za

University of Pretoria ( email )

University of Pretoria,
Private Bag X20, Hatfield,
Pretoria, Gauteng
South Africa

HOME PAGE: http://www.up.ac.za

Charisma University ( email )

30 Sandcastle Rd
Neptune CT, Grace Bay
Providenciales
Turks and Caicos Islands

Professor kelly Kingsly

Regional Advisory Commision on Financial Markets ( email )

COSUMAF
libreville
Libreville, 237
Gabon
222225470 (Fax)

HOME PAGE: http://www.kellykingsly.org

Harvard University, Harvard Kennedy School (HKS), Students ( email )

79 JFK-Street Cambridge
Cambridge, MA Massachusetts 02163
United States
00237679866019 (Phone)

Independent ( email )

Copperstone University ( email )

Kitwe
Zambia

Charisma university

30 Sandcastle Rd
Neptune CT, Grace Bay
Providenciales
Turks and Caicos Islands

University of Yaounde II ( email )

Soa, Yaounde
Yaounde, Cameroon, Center 237
Cameroon

HOME PAGE: http://www.kellykingsly.com,https://www.univ-yaounde2.org/

Harvard kennedy school ( email )

111 Western Avenue 10 soldiers Field park apartmen
Boston, MA 02163
United States
8577075262 (Phone)
8577075262 (Fax)

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