Government, banks sign deal to roll out fully electronic payment system

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• +31 10 419 3666 8 hours ago

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• Jay in London 6 hours ago

  Even though long belated, this practice is the single most important thing to check corruption.
  Corruption was possible and easy simply because there were no industry-standard traceability and audit trail mechanisms to deter ...
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  Even though long belated, this practice is the single most important thing to check corruption.
  Corruption was possible and easy simply because there were no industry-standard traceability and audit trail mechanisms to deter any public official responsible for state funds.
  
  The minister must depend on the goodwill of people to be disciplined. They must build discipline into the system. Public officials in the West are no angels, but because the system is designed in such a way that it makes it suicidal to even try to think about stealing from the public purse.
  These loopholes in the public finances system have been gaping at us for decades, but I suspect senior figures deliberately left it there intact as their resort-to means to fleece the people's money.
  
  This new move is GREAT INDEED.

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• Eric 1 hour ago

  Most of these your finance officers and accountants will subortage this seriously. It's a fact, they refer manual checks because after cashing the cheque, they will hand it over to the beneficial person and demands for his cu ...
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  Most of these your finance officers and accountants will subortage this seriously. It's a fact, they refer manual checks because after cashing the cheque, they will hand it over to the beneficial person and demands for his cut. It's fascinating how some of your officers don't even want to hand over cheques to the beneficial owners, but instead officers prefer to go cash monies themselves. There's so much rot and incompetence among officers of the CAGD

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