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Corruption in public sector investment projects: Preventive Role of the office of the state audit of vietnam (SAV)

Do Binh Duong
SAV Auditor General
SAIs are considered as efficient tools for examination and control of national finance. Given their special position in public financial management, they acquire a special role in the fight against corruption. SAI, Vietnam outlines the special role.

Corruption has, for long, been one of the most serious problems in many countries, particularly developing ones. It causes eroded professional ethics and social chaos. It also jeopardizes public confidence in the political systems of a nation. Corruption and its impact on national development has since attracted increasing attention from many international organizations as IMF (International Monetary Fund), WB (World Bank), INTOSAI (International Organization of Supreme Audit Institutions) etc.

In developing countries, the amount allocated to public investment projects often takes a priority portion in the national budget, usually accounting for up to 20-30 per cent of total annual budgetary expenditure. This is, in fact a breeding ground for corrupt practices. Corruption is seen to be the major cause for the situation wherein, while the budgetary ratio of public investments within GDP keeps increasing, their efficiency and effectiveness remain decreasing. Large cases of corruption are usually associated with national investment projects of a strategic nature, particularly in countries where the watchdog and oversight functions are not efficiently and appropriately discharged. Corruption has the impact of the hindering policy-formulation and investment decisions. It may occur at any stage, starting from the phase of project preparation and continuing through the stages of review, bidding and project execution. Authorized persons may seek ways to increase the volume of projects and/or change project design by extending the project scope and/or complicating its nature and quality. Corruption cases in public investment usually occur at the cost of declining investment efficiency, which impacts adversely on national economic growth.

1.    Corruption and public investment projects

Every country needs capital for its economic development. This is particularly so in the case of emerging economies, whose requirement for investment capital is becoming increasingly higher. Current trends of development investment expenditure are based on the golden principle that it is a good policy to borrow for investment. This is especially so in developing countries, where capital money from domestic sources is usually inadequate and there is no other option but to call for foreign investment capital to satisfy the investment requirement in public sector projects. High requirement for investment capital usually leads the national government to increase budgetary proportion for investment. However, this often leads to increased chances for corruption by interested officials. Regular budget expenses are seldom affected by arbitrary practices, as they are usually attached with direct benefits and subject to strict regulations on spending expenses. However, development investment expenses are more vulnerable to inaccuracies and irregularities and are difficult to control. This is especially so in cases where auditing and inspecting agencies are less developed or where they do not perform as well.

Many authority levels and administrative procedures need to be cleared for obtaining approval for an investment project. At each level, there exist different opinions and ratification requirements. Therefore, if competent and faithful personnel with high integrity are not placed in proper positions, it will be easy for corrupt action to take place. In the tendering process, for instance, bidders often tend to commit actions like:

These actions usually lead to situations of unrealistically high project implementation costs. The projects become more complicated and larger than necessary, their quality does not meet stated criteria, and they require costly maintenance and repairing. This results in skewed targets of development investment expenses and leads to situations wherein, though the economy has many investment projects, their socio-economic benefits are of little account. Whenever corrupt officials are authorized to approve a project, its efficiency and effectiveness will not be the deciding criteria for project selection. In such cases, winning bidders who implement the project will be concerned only about how to maximize their benefits, and the officials who have the power to review and select contractors for the project will pay attention only to the ‘kick back’ money they are going to acquire.

Corruption in the field of development investments has led not only to a deteriorating ratio of capital reimbursement for fresh public investment projects but has also had an adverse impact on the capital retrieval rate of existing physical infrastructure. This is happening for the following reasons:

2.    Manifestations of corruption in public investment

As mentioned above, corruption in investments usually leads to a paradoxical situation wherein, the more is the capital invested in development projects, the less efficient they are. Corruption in investments is often the easiest to commit and the most difficult to detect. This is the reason why, the more complex the project, the higher are the opportunities for corruption and the greater the ease of concealment. Our auditing experience indicates that we can identify fraud and corruption relevant to public investment projects via some basic signs as follows:

3.    Role of the SAV in the battle on corruption

Fighting corruption is the task of the whole society. It also requires cooperation, as well as exchange of experience and information among countries. In this process, Supreme Audit Institutions can play a special important role as, through auditing activities, they are capable of detecting potential irregularities and warning on corruption risks, and on this basis, making recommendations on suitable preventive solutions.

In most countries, Supreme Audit Institutions are considered one of the most efficient tools in examination and control of national finance. They take active part in preventing and mitigating corrupt practices. SAIs acquire an important role in this regard because:

Firstly, SAIs’ mandates are usually undertaken by auditors possessing high professional competence. These auditors are also entitled to independence in their job with no interference from any individual and organization. Any actions in disregard of professional standards and legal provisions stand a high chance of being revealed. Through auditing activities which are carried out on the basis of regularity and continuity over State budget-funded agencies/institutions, SAIs become best capable of detecting irregularities and fraud in management and use of national resources. Based on that foundation, SAIs can play an important role in preventing corruption through proposing recommendations to State agencies on good practices in financial management and mitigating corruption risks.

Secondly, SAIs discharge functions of warning on the possibilities of corruption and so are capable of putting forward suitable measures for uprooting corrupt practices. Operations by SAIs are carried out on an extensive scope and on the principle that ‘wherever financial resources of the state are used, they must be audited by the SAI’. On that basis, SAI activities help detect fraud and corrupt behavior in the usage of public funds. Through audit reports, the SAI advises the auditees and the State management agencies on the abuse of public money, the wastage of financial sources and the misuse of budget. It brings to notice evidence of corruption, so that functional authorities can design and execute proper and appropriate methods of administration.

Thirdly, though the Supreme Audit Institutions of most countries do not discharge executive functions, they can impact executive bodies through their audit recommendations to have in place necessary behaviors to curb corrupt commitments. In addition, when necessary, the SAI can transfer relevant documents to authorized agencies to follow up potential cases of crime.

Fourthly, on the basis of audit results, the SAI proposes recommendations to the Legislative, Executive and other State authorities on revising and supplementing relevant policies and statutory regulations. It also helps consolidate the existing system of legal documents and strengthen the capability of preventing corrupt behaviors, as well as the waste and misuse of public funds.

In conclusion, it is easily realized that SAIs, with their inherent special position in public financial management, take on a special role in the fight against corruption on both domestic and global scope. For enhancing the quality of audit performance, besides improving audit competence, SAIs should cooperate with other SAIs and international organizations for exchanging professional experience and information of mutual interest. With this, SAIs of different cultures can best enrich themselves with relevant knowledge and skills to further prevent corruption, nationally and internationally.