The media plays a very important role in the promotion of good governance and in minimizing corruption. It raises awareness of the public about corruption. The media can be effective if it has access to information and when there is freedom of expression, as well as professional and ethical cadre of investigative journalists.This paper examines the concepts of fraud and lies, the concept of corruption, the media, categories of media and the media’s current role in combating future frauds and corruption. The papers considers, too, the benefits journalists gain by attending anti-corruption trainings/events and highlights some notable corruption and money laundry in Nigeria, Kenya and Cameroon, Methodology use in arriving at the conclusion was content analysis, which employ review of relevant books and articles on the subject of discussion.