The National Fraud Initiative (NFI) is an exercise that searches for cases of fraudulent activity by matching data held within and between private and public sector bodies. In addition to its NFI activity, Basildon Council's Corporate Fraud Team has an on ongoing commitment to organising and overseeing a range of bespoke anti-fraud campaigns.
In administering its responsibilities, Basildon Borough Council (the Council) has a duty to protect public funds and to raise awareness in relation to any potential threats that may affect the financial and/or reputational position of the organisation.
Three of the key risk areas that the Council is exposed to, by nature of its business, are fraud, bribery and corruption (see definitions in Enclosure No.1). These risks also extend to other acts involving dishonesty such as money laundering, which is covered by this policy.
The Council's Counter Fraud Policy supports the Local Code of Corporate Governance in promoting values for the Council and demonstrating the values of good governance through upholding high standards of conduct and behaviour.
Basildon Council is committed to protecting public funds by the prevention and detection of fraudulent activity across the Borough. In the current climate of reduced funding and financial hardship it is more important than ever that losses to the Council as a result of fraud and corruption are kept to a minimum to ensure that our limited resources are used for their intended purpose.
To deliver successfully against the Counter Fraud Policy the Council's approach and key priorities for the next three years are confirmed in this Strategy, which will be subject to regular review. Key actions have been identified and are set out in the Strategy Action Plan at Appendix A.