Professional Documents
Culture Documents
UNION
FRAUD POLICY
A) Policy BACKGROUND
i) Bafut Cooperative Credit Union fraud policy is
established to facilitate the development of controls
that will aid in the detection and prevention of fraud
against the Cooperative Credit Union.
ii) It is the intent of Bafut Cooperative Credit Union to
promote consistent organizational behavior by
providing guidelines and assigning responsibility for
the development of controls and conduct of
investigations.
B) SCOPE OF POLICY
i) This policy applies to any irregularity, or suspected
irregularity, involving employees as well as Boards,
committees, consultants, vendors, contractors,
outside agencies doing business with employees of
such agencies, and/or any other parties with a
business relationship with also Bafut Cooperative
Credit Union.
ii) Any investigative activity required will be
conducted without regards to the suspected
C) POLICY
N) APPROVAL
Board of Directors
.ID No----------------------------------- of
------------------------issued at
have read and
understood the Fraud policy of Bafut Cooperative Credit
Union. Hence, shall abide to the policy without any
reservation.
Signature of Worker.