Mixed-methods analysis reveals regulatory weaknesses and procedural lapses contribute to Bill of Lading fraud in Tanzanian banks, suggesting urgent reforms.
Key Points
Bill of Lading fraud significantly correlates with perceived regulatory weaknesses, revealing a 62% variance in reported fraud occurrences.
Key evidence shows that factors like policy currency and enforcement consistency are critical predictors of fraud frequency among trade professionals.
Using a convergent mixed-methods design, interviews and surveys unveiled systemic enforcement deficits in Tanzania's trade-finance sector.
Findings indicate the need for regulatory reviews and audits, potentially safeguarding assets and strengthening market integrity.