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NEWS: The construction sector is well poised for illicit activities.

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A recent government report in Kenya disclosed a startling statistic, indicating that more than half of the private companies documented for money laundering activities are connected to the construction sector. This report has garnered significant attention and highlights the prevalence of irregular activities in this industry, which is characterized by the intensive use of cash. The construction industry is booming in Kenya, having contributed 7.1 percent of the GDP in 2022. However, this growth has made it a prime target for illicit activities, such as money laundering, which has placed Kenya on the grey list of the Financial Action Task Force (FATF), an international anti-money laundering watchdog. This grey-listing indicates that Kenya is not effectively implementing FATF's standards to combat money laundering and terrorist financing, including maintaining an efficient register of beneficial ownership. Analysts warn that this could damage the reputation of Kenya's financial
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OPINION: Public Works & SIU declare war on tender infrastructure corruption

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Moosa Mahomed a Professional Construction Health and Safety Agent (PrCHSA) shares his hardhatOPINION on the newly established forum to tackle tender infrastructure corruption



Is the Anti Corruption Forum a step in the right direction?

It is a step in the right direction if this forum actually  tackles corruption in the industry

Do you think this Forum will succeed in its mission?

The previous attempts to deal with corruption we never saw anyone get blacklisted from directorship i.e. Soccer World 2010 scandal; It will be interesting to see whether the culprit will be made to account through the efforts of this forum.

How can Construction/Built Environment Professionals help in ensuring that the objectives of the forum are met?

As Built Environment Professionals we must just be honest, transparent and  ensure we use our skills to  serve our communities.


ALSO READ OPINION: The Conundrum of Cuban Engineers deployed in South Africa

How will the success or failure of the forum impact Construction/Built Environment Professionals?

If the sanctions given to the culprit are harsh it will send a strong message to Built Environment Professionals not to get involved in any underhanded activities as that will compromise their  livelihood.


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Comments

  1. The Hardhat ProfessionalMay 28, 2021 at 12:40 PM

    Prince Lufu wrote :
    I am inclined to agree with Moosa if he is referring to the collusion story of the big companies
    My argument to counter that was that it was a necessary evil that the big names were told to collude
    If they had not done so, then we would not have successfully hosted 2010 Soccer World Cup

    I don't think investigating ongoing tender fraud is a waste of time and resources. That has to be done as there are people who have now made this a way of life and a means of making a living to be involved in major tender graft.

    It would be akin to a state capture investigation of sorts and focal ministries must be Public Works, Education, Health and Housing primarily then all the others which have had major infrastructure roll outs. Full audit and tender issue criteria, even check banking and cellphone records to see who is who and who knows who from where and how and why

    Too much has been pilfered from these tenders and this has dried the coffers out

    ReplyDelete

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