FRAUD AND WASTE

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP85B00552R001000040002-6
• Release Decision: RIFPUB
• Original Classification: C
• Document Page Count: 1
• Document Creation Date: December 20, 2016
• Document Release Date: September 8, 2007
• Sequence Number: 2
• Content Type: REPORT

Approved For Release 2007/09/08: CIA-RDP85B00552R001000040002-6
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Fraud and Waste
,/l. In FY-1981 the Inspector General conducted 118/financial audits of Agency
activities resulting in 235 recommendations. -/One hundred percent of these
recommendations have been implemented.
in the summer of 1981 consisting of senior managers' review of cost reduction
and efficiency measures. In December 1981 the Agency's Executive Committee
reviewed nine CORE recommendations, approving five of them (including
acquiring more efficient printing equipment, internal TEMPEST testing, con-
solidation of several activities, increased use of suggestion awards) and
directing further study of several others (increased use of sea shipments,
further use of commuted rate travel procedures, etc.).
v4. Our Commercial Audit Staff issued 1,459 audit reports on proposed contracts
totaling $244,672,411 and resulted in audit deduction recommendations of
$16,212,857, or 6.6 percent of the total amount audited.
The Agency established a Cost Reduction and Efficiency (CORE) working group
-2. In response to an Inspector General investigation in July 1981 of the
Agency's Board of Review and the Overpayment Review Board, the Office of
Finance strengthened the overall processes and cash handling.
il. During FY-1981 the Agency handled transactions totaling over $1.9 billion;
reported shortages/overages for this period totaled only $24,000.
6. Many activities included in the Agency's 1979 plan (attached) to eliminate
waste, fraud, and error are ongoing.
Attachment
1979 Plan
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This document becornzs UNCLASSIFIEI.
when separated from attachment,
Approved For Release 2007/09/08: CIA-RDP85B00552R001000040002-6