In a proactive move to enhance its fraud prevention measures, Caritas India recently conducted a comprehensive training session in collaboration with Caritas Australia. The hybrid training, which took place on August 28, 2024, brought together Caritas India’s program and finance staff to discuss the importance of fraud prevention and risk management in the current scenario.

The training, facilitated by Mr. Craig Margeston, Program Finance & Systems Manager from Caritas Australia, aimed to equip Caritas India staff with the necessary knowledge and tools to mitigate the risks of fraud and corruption. The session covered various aspects of fraud prevention, including the definition of fraud, the fraud triangle (opportunity, pressure, and rationalization), and the steps to prevent and detect fraudulent activities.

In today’s complex and challenging environment, it is crucial for NGOs like Caritas India to be vigilant and proactive in their approach to fraud prevention. By implementing robust risk management strategies, organisations can safeguard the trust and confidence of the donors, partners, and the communities.

During the training, participants engaged in interactive group discussions and presentations, analyzing various fraud risk scenarios and identifying potential mitigation strategies. The session also highlighted the importance of maintaining a culture of trust and accountability within the organization, while emphasizing the need for continuous monitoring and evaluation of fraud prevention measures.

Caritas India believes in keeping the highest standards of integrity and transparency. This training underscores the organisation’s commitment to strengthen its fraud prevention efforts and vigilance against any potential threats.

The training also emphasized the importance of implementing a “zero tolerance” approach to fraud and corruption. This commitment involves taking all reasonable measures to deter, prevent, detect, and respond to fraudulent activities within the organization and in its interactions with external parties.”

Caritas Australia recognizes the critical role of fraud prevention which helps in ensuring the effective and responsible use of resources. By supporting initiatives like this training, Caritas Australia aim to empower its partner organizations to build resilient and accountable systems that safeguard the trust and confidence of all stakeholders.

The training concluded with a call for regular refresher sessions and a commitment to continuously review and improve fraud prevention measures at Caritas India. By fostering a culture of vigilance and accountability, the organization aims to set an example for the broader civil society sector and inspire other NGOs to prioritize fraud prevention in their operations.