Based on the results of the public enterprise performance and integrity reviews, the project will develop a methodology for assessing corruption and mismanagement risks for public enterprises and institutions, looking at the most common issues and abuses encountered. The methodology will include a standalone toolkit that can be employed to assess the corruption exposure of any public enterprise or institution. The methodology will also be translated into a comprehensive training program that will be used to build capacities of relevant cantonal institutions (to include the Office for Anti-Corruption and the Internal Audit Office) as well as any other government agency that expresses an interest.
The project will work with seven key public corporations and institutions, to be selected in cooperation with the Government, in order to mitigate risks to public funding through mismanagement, fraud and corruption. The intervention will also help create a baseline for future anti-corruption activities and test the project approach and methodology for scaling up potential.
The project will, simultaneously, undertake a traditional review of historical financial records as well as a mapping of corruption risks inherent in the structure and protocols of the seven companies. It is expected that the intervention will ultimately result in systemic improvements in targeted public enterprises’ internal control and risk management environment and as such will serve as a blueprint for similar future activities.
In addition to improving the performance of the seven targeted public enterprises and institutions, the project will build the capacities of relevant cantonal institutions (Anti-Corruption and Internal Audit Offices) through training and their close involvement with project implementation, enabling them to undertake similar interventions independently of donor assistance.
The project is expected to contribute to strengthened integrity management in the public enterprise/institution system of Canton Sarajevo, entailing enhanced governance structures, policies and procedures, as well as capacities of key personnel to identify and curb corruptive and fraudulent practices.