Bribery and corruption-linked fraud has overtaken procurement-related vice to become the fastest growing form of economic crime in Kenya in the last two years, a survey by consultancy PriceWaterhouseCoopers (PwC) said on Wednesday.
The report, based on feedback from 102 senior managers and board members, suggests that four in every 10 business leaders, or 42 percent of respondents, have experienced a corruption or bribery incident in the last two years.