• Monday, May 20, 2024
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BusinessDay

Background check on employee’s key to stopping corporate fraud

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Corporate organizations engaging new staff in employment has been urged ignore conducting thorough background screening as such hasty decision would expose both the tangible and intangible resources of the organization to fraud and abuse.

This is coming in the face of growing incidence of fraud and other unethical behaviours taking place among corporate organisations locally and internationally.

Kola Olugbodi, managing director, Background Check International (BCI) made this known while  speaking against the background of rampart fraud cases in the country.

“Many organizations crying foul of fraud and other unethical behaviours that are eroding their brand values would not have experienced such if proper background check had been done before employing staff who eventually carried out this dastardly acts.”

Olugbodi urged corporate organizations to outsource such time consuming task to professional organizations structured and equipped to carry it out in order not to cause distraction to their core competencies.

According to him, BCI ventured into background checking business in 2005 after realizing the enormous benefits it will confer on the country as well as corporate organizations in the area of human resources management. The company believes that incidences of in-house fraud and unethical behaviours would be reduced if not eliminated completely if employees are properly screened and profiled before being given employment.

“Our superior offering of quality service delivery in educational qualification, professional certification, criminal record check, client background check, risk assessment report and several other areas is uncommon. We have been able to expose corporate organizations to the dangers of employing staff without proper verification”, he added

BCI pride itself is a brand that focuses on integrity, reputation and strict adherence to ethical standards.

Olugbodi explained that Background Check International has over the years raised the bar of transparency and integrity in corporate governance and strategically positioned to chart the way forward to stem fraudulent practices that hinder organizational growth. “We make bold to say that BCI is the first African member of the prestigious Association of Professional Background Screeners and also coordinates the African Alliance Group among background screening firms across Africa”.

At BCI, the values of our brand are anchored on integrity and trust, placing value on people, adaptability, competence and professional, teamwork and creativity, which overtime has helped to create value for not only its customers but also stakeholders as well, he point out.

He advised corporate organizations to take precaution before committing themselves to staff by carrying out background check rather than wasting time and resources after dubious staff employed casually without thorough screening had duped them.

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