The Association of Certified Fraud Examiners has established a new chapter, signaling a new era in the fight against fraud and corruption.

The new chapter intends to strengthen the network of fraud experts, raise awareness about the dangers of fraud, and promote a culture of integrity and accountability.

The ACFE is a global organisation with a strong reputation for setting standards in anti-fraud training and certification, aiming to empower professionals in Namibia to combat the growing threat.

The Association aims to ensure training and capacitating fraud professionals, as well as increasing the body of anti-fraud knowledge.

A recent report issued by the association reveals that organisations lose an estimated five percent of annual revenue due to fraud.

Former Ombudsman Advocate John Walters, who was speaking at the event, pointed out some of the fraud and corrupt cases being investigated and said a lot needs to be done.

He emphasised that transparency plays a huge role in good governance.

The ACFE is committed to working with various stakeholders, including government agencies, law enforcement, and the private sector, in its combat against fraud and corruption.

Through collaborative efforts, the chapter aims to raise public awareness, enhance investigative techniques, and strengthen the legal framework.

The association is poised to play a pivotal role in its mission by providing the training, resources, and collaboration needed to safeguard the nation's future.