Fraud in Major Construction Projects

Crowe Clark Whitehill LLP funded project focusing on understanding the impact of fraud and corruption in the construction sector. Fraud and corruption in large public construction projects results in taxpayers not getting value for money. It can also undermine the profitability of legitimate construction companies and enrich dishonest individuals and organised crime.

This project cites numerous examples of fraud and corruption in construction, with a particular focus on the construction of railways. While it is never possible to eliminate such behaviour, it is possible to reduce it if the right approach is adopted. As the United Kingdom (UK)embarks on a major investment in new infrastructure, it needs to put in place arrangements which can achieve this impact. This is important both to get the maximum value from public funds but also to ensure that public confidence in such spending is retained.