Use of Technology in Auditing to Combat Financial Crimes
Latest Tanzania technology news · Use of Technology in Auditing to Combat Financial Crimes explained · updated Aug 19, 2026 · tech news · innovation · digital
TLDR
- Charles Kichere, the Controller and Auditor General of Government Accounts, emphasized the need for enhanced collaboration among auditing institutions to combat corruption and financial crimes during a meeting in Arusha.
- The meeting was part of the 19th annual INTOSAI Working Group on the Fight Against Corruption and Money Laundering, organized by the National Audit Office of Tanzania.
- Kichere stated that government audits should not only identify issues after public funds have been used but also help identify risks that could lead to financial loss and corruption.
- He highlighted the importance of having systems that provide accurate information about companies and individuals benefiting from public procurement activities.
- Kichere warned that hidden ownership of companies could undermine the integrity of public procurement, leading to potential financial risks for the government.