Greed Triggers Fraud And Corruption Essay Example

Greed Triggers Fraud And Corruption Essay Abstraction Purpose Greed triggers fraud and corruptness which is one of the biggest jobs we are confronting in our state as its increasing tremendously instead than diminishing. The intent of this survey is to measure the different types of fraud and corruptness and because it is such a wide subject we will concentrate on a life state of affairs which highlights how greed plays a immense function in the creative activity of fraud and corruptness. Design/ Methodology/ attack in deepness interview are conducted with a senior measure surveyor who has been working for a catching company for the past six old ages and has allowed me to be portion of the probe procedure that is being conducted. The ground behind the probe is to happen out how come they owe such a great sum of money for revenue enhancement but money had been deducted from their wages since they started working and grounds of being below the belt dismissed. We will write a custom essay sample on Greed Triggers Fraud And Corruption specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Greed Triggers Fraud And Corruption specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Greed Triggers Fraud And Corruption specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Findingss The employer of the catching company seems to be subtracting money from his employee s wages but non paying the revenue enhancement company without the cognition of his employees utilizing it for his ain private usage. Extra information was found that all his workers have nt been registered under the section of labor and the company has been running for a figure of old ages now and unjust dismissal was practised in this company. Originality/ Value The concluding consequences of this paper will assist us understand and mind that there are all sorts of corruptness in the industry. Ms Anonyms will manus over all her payments slips to the probe officers to turn out that she has been working and paying for her revenue enhancement over the past old ages while working and to besides open a instance of unjust dismissal and take it to the Commission for Conciliation Meditation and Arbitration ( CCMA ) . Footing OF REFERENCE PROPBLEM DESCRIPTION Fraud and corruptness play a large function in the building industry which this consequences in the hindering of development in our state and the state non traveling frontward. Purpose The Aim of the research is to convey the affair of fraud and corruptness to attending of the reader. To observe hazards in the industry and to supply users with relevant anti- corruptness resources. Aim To happen out what triggers fraud and corruptness To what extent is an single willing to lift out low to acquire what they want and non be caught How corruptness affects the Construction industry How it hinders development. Proposal Chapter one 1.1 Introduction Greed is a critical issue impacting the building industry and state as a whole as it leads to fraud and corruptness which plays a immense portion on the hindering of development in our state. Chapter 2 2.1 Greed The selfishness of an person of desiring more and non being satisfied of what they already have. 2.2 Fraud A condemnable offense done deliberately because of personal motivations which the person will derive that could impact another person. Corruptness Chapter three 3.1 Case survey Ms Anonymous finds herself in the center of a fraud and corruptness state of affairs that she was non cognizant off. 3.2 Tax invasion CONTENT Page PGE NO. Acknwoledgements Abstraction Footings of mention Chapter 1 Introduction Fraud and Corruption are wide and complex issues but their roots are embedded in a states societal or cultural history, Political and economic development and it includes both these committed by the authorities, employers, employees, direction staff, persons or a group of people who have come together with one docket merely and these committed is motivated by Greed. Greed tips and single into fraud and corruptness which besides triggers the power of the head, when a individual starts stalling about the benefits and what one shall derive they get down to get down plotting ways in doing these ideas into world and one time these ideas become world and the result is greater than expected they start mistreating the state of affairs into their ain advantage. The building industry sector is recognised as transporting the highest hazard of corruptness, the rate of corruptness and fraud in the industry is increasing tremendously instead than diminishing which is decelerating down the economic system and surprisingly it has become an ordinary and normal wont that is being practised. It is about like a swimming pool which everybody now wants to leap in and swim in the deep terminal non bearing in head that non everybody can swim. Chapter 2 History Greed Greed is that utmost desire to achieve or posses more than what one has such as stuff wealth which is normally more than what one needs and deserves. It besides involves utilizing being affluent to derive power over others besides denying others of wealth and power. It is fundamentally being selfish, thought of one s ego while at the same-time affecting other people negative manner. For illustration if a edifice inspector would accept a payoff from a contractor to O.K. and province that all work done is of good quality and status while that is non true than that is an act of being greedy because looking at the state of affairs the lone people deriving here are the edifice inspector and the contractor while in the long it will negatively impact the community as a whole or the people who will be in usage of the premises that is being built. Fraud In the state we live in fraud is a condemnable act that would disfavor an person or a group of people and it is besides a civil jurisprudence misdemeanor. Fraud is done deliberately which involves dishonesty for personal addition or harm to other persons. Fraud can be categorized into many signifiers for illustration larceny and peculation. In a instance of fraud you would hold for illustration a individual such an Alien ( non belonging in the industry ) who knows nil about the building and the whole background of it holding certifications measure uping him in raising undertakings in a instance that he does nt flush how foundation is done. Corruptness Corruptness in any instance is the act of being dishonest and mistreating power or the individual s place. Corruptness can go on anyplace and is normally committed by an person or a group of people such as functionaries or private individuals. Corruptness comes in many signifiers such as graft, nepotism, cheating, ballot tackle and extortion. An illustration of corruptness would be paying off kickbacks to acquire multi million rand contracts for doubtful grounds, holding to regularly donating immense amounts of money to possibly political parties or purchase expensive gifts such as autos deserving 1000000s rands in-order to acquire something in return. Corruptness and fraud come in with greed because they are actions stem from the deficiency of moralss and undermine human establishment and human dealingss. Chapter 3 CASE STUDY Ms Anonymous and Contracting Company. Ms Anonymous has been working for a catching company for the past 3 old ages as a senior measure surveyor for this company. She did more than merely her employed place where she besides worked in the civil side of the work and any other work that needed attending she would be lief to help in other words she was more of an plus to the company and they had mentioned that to her every bit good. The job started when Ms Anonymous received a missive that she needed to travel kind out her revenue enhancement returns. When she went to pay a visit at the revenue enhancement company ( SARS ) . S he was informed that she owes a batch of money and was asked why she has nt been paying for her revenue enhancement? She was shocked and told them that she has been paying for her revenue enhancement of all time since she started working for her recent company the past three old ages. They told her to bespeak and RIP5 signifier from her employer and besides to maintain all her wage faux pass as cogent evidence of payments for revenue enhancement when needed to look into her history and besides that her company was one of the companies that were chosen for audits in 2012 so they would be an probe with respects to her affair of non paying revenue enhancement and would take things from at that place. Audited accounts where subsequently on done of the company and it revealed that they owe a great trade sum of money and that they have non been paying whatsoever. They told Ms Anonymous to convey all grounds as cogent evidence that money has been deducted from her history for revenue enhancement and they had promised that no information sing with her history would he linked to the proprietors of the company and had assured her that she did nil wrong as they had called in her to question her about her revenue enhancement figure. Investigations continued as the revenue enhancement research workers kept coming into the office to make Company Audits and since they had no fiscal and bank statements and how much is being charged from the workers it pin pointed that they have been non paying such as VAT and PAYE. Thingss started to be small offish at work where they were all panicking and looking for fingers to indicate as they were non cognizant how and what had led SARS to come and scrutinize the company with gaining that SARS had chosen them themselves than rumor went out the Ms Anonymous had went to SARS. Subsequently on they made false wage faux pass stating as he was paid more than she was being paid so that it will demo as if she was the 1 who was non paying Tax but so Ms Anonymousness Payslips had proven all of that incorrect. A month subsequently Ms Anonymous was called into the Bosses office and was told that due to fiscal restraints they will hold allow her travel because they will non be able to afford and they will be giving her 3 months to look for her occupation and are willing to give her good recommendation. Tax The importance of paying revenue enhancement Cipher wants to pay revenue enhancement which is extremely apprehensible but that money is the lone money raised through revenue enhancement that the authorities relies on to bring forth public gross to pay for public disbursals that provide goods and services to the populace. Without revenue enhancement and people non paying it becomes hard for the authorities to seek run intoing the basic demands of the state. Both the province and the local authoritiess are imposed in roll uping revenue enhancement. There are different types of revenue enhancements that need to be paid which are: Income revenue enhancements Payroll revenue enhancements Gross saless revenue enhancements Excise revenue enhancements Wealth revenue enhancements Article I, Section 8, says: The Congress shall hold Power to lie And roll up Taxes, Duties, Imposts and Excises, to pay the Debts and supply for the common Defence and general Welfare of the state Benefits and utilizations for revenue enhancement As mentioned above that revenue enhancement pays for goods and services for the populace such as: Education Public lodging Public public assistance such as security Unemployment benefits Highwaies and public transit Health Polices Fire protection Tax besides includes day-to-day runing disbursals of the authorities and besides wages of the authorities employees and besides involvement on debt owed by the authorities. It is extremely of import as the benefits of revenue enhancement keep the state in topographic point and running and besides making out to the people who are unable to afford from themselves. The roads we walk and drive in everyday is because of the revenue enhancement that is being paid, the public clinics and infirmaries that help our people to acquire intervention and be attended to when they can non afford when they are ill is because of revenue enhancement and the list goes on but all in all it is good for the state for revenue enhancement to being paid. Duties of income revenue enhancement remunerators The income revenue enhancement system is a voluntary act and conformity but it does non intend that revenue enhancement remunerators can merely pay revenue enhancement when they want to or non pay revenue enhancement when they besides do nt desire to. In other words everybody who is working must pay revenue enhancement and in order enemy people to follow with the legal duties the revenue enhancement jurisprudence must be just and house. When looking at being just, the authorities must be just plenty as to the people paying revenue enhancement habit resent him as the authorities and the leader of the state and besides resent paying revenue enhancement at the terminal of the twenty-four hours and doing certain that everybody complies. When looking at being steadfast, people who do nt follow with this jurisprudence and seek to duck it must be punished and made seen that they are perpetrating a condemnable offense and should pay in a heartfelt way for such action. Punishments for Tax Fraud In most instances people who do nt pay revenue enhancement are due to carelessness or negligence or normally done deliberately and happen ways to avoid paying revenue enhancement which is seen as revenue enhancement fraud and these people are faced with revenue enhancement involvement or revenue enhancement punishments. Tax fraud is when people who avoid paying revenue enhancement and are non honest to the authorities about their monthly/annually incomes so they can be taxed reasonably with respects to how much they earn and they lie in-order to pay small revenue enhancement which becomes unjust to the authorities and all other revenue enhancement remunerators. Tax fraud is a offense and people who commit such offense face high effects near to about 75 percent fiscal punishments. There is no manner of ducking and concealing from paying revenue enhancements because finally everybody is caught merely that it might non be now but when it comes to fraud and corruptness person ever slacks up and leaves foot prints. LABOUR RELATIONS ACT ( LRA ) The labour dealingss act is the relationship between people who work and those who they work for. The labour dealingss act was reshaped and implemented to make a good and working-full environment in the workplace. To give an employer and a employee to work under good and just rules cognizing their rights and restrictions and which lines non to traverse. To protect the employee against the employer and to besides protect the employer against the employee but in most instances employees are opening instances against their employers. it is hoped that democracy in the workplace will convey industrial stableness, economic growing, and labour peace. Judgment of dismissals of the Labour dealingss act Chapter VIII of the LRA concerns unjust dismissals. Section 185 records that every employee has the right non to be below the belt dismissed. The term dismissal is examined in the subdivision 186 and includes: A expiration effected by an employee with or without notice. An employer s failure to regenerate a fixed term contract when an employee has a sensible outlook Refusal of an employer to let an employee to return to work after pregnancy leave. Retrenchment When retrenchment is introduced it is normally when a company is confronting some fiscal troubles and is done for the followerss grounds, economic, structural or proficient grounds and before retrenchment takes topographic point a proper process needs to be taken in-order to let for retrenctment which is as follows: Consultation Immediately when the employer has no other options but to use retrenchment, he has to inform his employees buy keeping up a mass meeting where everybody is present or he could keep single meetings with the persons who will be involved in the retrenchment. Employees are allowed to interact with the employer and besides suggest other alternate ways which could be looked into such as cut downing working hours and besides workings yearss, the appropriate method to be used for the people are to be dismissed. Minutess can be taken in this instance as it would assist for misunderstood state of affairss and to protect both the employer and employees. When audience is taking place members of the trade brotherhoods can be present to protect their workers and all the committee for conciliation, Mediation and Arbitration ( CCMA ) can besides be present to step in in this affair. Unwraping of information in authorship When complementing retrenchment the administration or the employer should publish letters to the employees that will be affected because of retrenchment. The information should inform the employees of the pending and the day of the months of retrenchment, grounds why they will be intiating retrenchment, the servenrane wage that is proposed, the aid of the employer with respects with interviews and helping them in acquiring new employment if possible. Should at that place be any misinterpretation or any differences that could take topographic point than the employer shall mention to the written information to clear up any mis-understandingand these differences could be handled by the labour tribunal or the Conciliation, Mediation and Arbitration ( CCMA ) . Opportunity for feedback The employer should give employees the chance to give feedback with the proposed retrenchment that will take topographic point, give them a opportunity to do presentations and whatever is said and presented must be taken inot consideration by the employer and seek to negociate as so all paryies are happy. The last in 1st out regulation should be applied when covering with retrenchment as you ca nt compare a individual who has been working for a company for the past 3 old ages over a individual who has been around the company for 2months. If the company is traveling through fiscal restraints and they wish to allow travel a few staff than they should see the last late employed staff. Chapter 4 Chapter 5 Data aggregation With the information gathered with respects to Miss Anonymouses instance we can pull up the undermentioned checklist: The company has been subtracting revenue enhancement from her wage She received a monthly income She enjoyed one-year and ill leave, UIF and PAYE benefits She has been working for the company for the past 3 old ages She signed an employment contract of reinstatement in September 2009 There is no cogent evidence of her being registered by her employer under the Labour tribunal Datas analysis With the collected information it shows that Miss Anonymouses was a full employee of the company which besides makes her autumn under the people who should be paying revenue enhancement to the authorities every-month. Having a expression at her payslip it clearly shows that money has been deducted for revenue enhancement from her payslip and with her cognition she has been paying for revenue enhancement. Extra information has been found that she was has non been registered under the labour tribunal significance she ca nt be taxed as they may non be cognizant of how much she gets paid which is would do it difficult for the revenue enhancement adult male to revenue enhancement her properly. The company is at mistake for utilizing moneyof the employees for their ain personal usage and without their cognition and this drunkard of behavior does fall under fraud and corruptness and is a offense. She has been working for the company for over the past three old ages so if the company was traveling through any kind of fiscal jobs and they saw utilizing the retrenchment system as portion of covering costs than they did non follow the proper processs of dismissal, she was non even consulted decently or given a opportunity to discourse the affair and negotiate or think of other alternate ways to avoid such dismissal. Re-solutions, suggestions When mentioning to the instance survey, the best possible stairss that could be taken here is that Ms Anonymous keeps all cogent evidence of her payments that she can stand for to SARS, compose each and every individual thing said to her and if they is anything asked or told to inquire for it in composing and signed for because in the state we live in anything is possible and to do life easy is holding all cogent evidence and grounds merely to be on the safe side. With respects to unjust dismissal, she should take the affair to the CCMA and describe the act of unjust dismissal because no proper processs where taken so it is either they will hold to counterbalance her even more or giver her, her occupation back if she is willing to take it back. Each and every employee has a right to be treated reasonably in the on the job environment and legal action can be taken in state of affairss like this. Chapter 6 Decision Fraud and corruptness is everyplace and is triggered by greed of an person and it reduces economic growing, quality of life and undermines authorities creditability and reduces effectiveness. The battle against them should be presented in a short period of clip in order to contend corruptness. Every federal section and bureau should work together continuously. Audit and probe s could happen any corruptness or fraud instances, but the most of import thing is to specify how to forestall and observe them at the earliest phase possible.