Fuel Fraud Prevention in Mining Operations
Fuel fraud in mining manifests in various forms, including theft, misreporting, unauthorized usage, and supplier collusion. Insiders may siphon fuel for personal gain, while external fraudsters exploit weak oversight in fuel procurement or distribution. The financial impact can be staggering, eroding margins and disrupting operations.
Effective controls from procurement to payment are essential to optimize resources utilizations and achieve operational objectives within the estimated budged.
