Uweza Foundation
Anti-Fraud Policy Framework
Policy Background
Uweza Foundation is committed to high moral standards in line with the ethical and legal provisions. All members of the organization are expected to share a similar commitment. The essence of this policy is to facilitate the establishment of programs, which will aid in the prevention and investigation of fraud and associated offenses. The management identified standing orders, documented systems, and procedures of risk assessment and internal control as the possible loopholes for fraud. Furthermore, the leadership has established an awareness culture to alert all the members of any fraud. This document shall be implemented in tandem with an investigation guide and Fraud Response plan, which offers direction to directors and officers investigating suspected cases of corruption, fraud, and theft. This document is a framework for advice, responses, and information on different implications and aspects of investigations and fraud prevention.
Fraud Policy
Uweza Foundation anti-Fraud Policy applies to any mischief, or suspected mischief, involving stuff as well as consultants, vendors, contractors, and/or any other parties involved in the organization’s activities. Any investigative processes needed will be conducted independently without considerations of any personal or professional association to Uweza Foundation.
Actions Constituting Fraud
Fraud entails the use of deception to acquire an illegal or unjust financial advantage and/or intentional misrepresentations impacting the financial statements by one or more individuals among management, staff, or third parties.
Every Employee is obliged to familiarize themselves with the kinds of improprieties that might be anticipated to occur within their workspace and to be alert for any irregularity or indicator.
The Uweza Foundation management is dedicated to upholding an open, well-intentioned, and honest atmosphere within the organization. It is therefore also committed to the dismissing of any form of fraud within its premises, and to the thorough investigation of any suspected cases.
The leadership wishes to encourage anyone to have reasonable suspicions of fraud to report them. Therefore it is also the management’s policy, which will be rigorously enforced, that no employee will suffer in any way as a result of reporting reasonably held suspicions.
All members of staff can, therefore, be confident that they will not suffer in any way as a result of reporting reasonably held suspicions of fraud. For these purposes, reasonably held “suspicions” shall mean any suspicions other than those, which are raised maliciously and found to be groundless. The organization will deal with all occurrences per the Public Interest Disclosure Act.