G20 anti-corruption meeting: progress, but without ambition

The G20 is making progress in the fight against corruption. However for all the talk, the representatives of the world’s leading economies are not setting the bar high enough. From our point of view, unless the G20 mandates and enforces greater corporate transparency, corrupt public officials, gangsters, drug dealers and terrorists will continue to misuse […]

Read full story Comments { 0 }

How the G20 could unmask the corrupt

The G20 leaders meet in Australia later this year. Pressure is growing on them to build on the commitments from last June’s G8 Summit on beneficial ownership. That’s an obscure phrase for an ugly truth: corrupt individuals from around the world are able to hide their money through complex corporate and trust structures, such that when an […]

Read full story Comments { 2 }

Czech construction job: honest official makes sure citizens win

Unhošť is a small, sleepy town about 20 kilometres from Prague’s city centre – home to around 3,500 inhabitants. Normally, this is a peaceful place, but a controversy a few years ago has taken its toll on the community. It all began when a newly elected politician decided to look into the town’s finances. He […]

Read full story Comments { 1 }

From CEO to whistleblower

Shortly after being appointed CEO of the Japan-based company Olympus, Michael Woodford discovered a massive case of fraud within the company. When he tried to raise the alarm internally, calling on board members to explain the exorbitant fees – amounting to hundreds of millions of US dollars – paid to obscure companies, some of them […]

Read full story Comments { 1 }

Three steps to (start) recovering stolen assets

It takes a long time and great deal of good will, legal procedures and paper work to return stolen assets to the countries where they belong. In April 2014, Switzerland commenced the return of US$40 million of Tunisian assets linked to the former Zine El Abidine Ben Ali regime, which had been frozen in the […]

Read full story Comments { 2 }

German-Greek arms deal corruption allegations stir renewed debate

The Self Propelled Howitzer “PzH 2000” of German Defense Company Krauss-Maffei Wegmann (KMW) “sets a worldwide standard”, according to the company. Athens bought the howitzers a decade ago for €200 million, a deal which is now the centre of allegations about dubious flows of money in connection with two former German parliamentarians. The PzH 2000 […]

Read full story Comments { 1 }

Corruption fight takes on new life in Ukraine ahead of election

Chris Sanders spoke with Oleksii Khmara, Executive Director of TI Ukraine, during a recent trip to Berlin. Despite the unrest in his country, the fight against corruption continues and civil society have a stronger voice in future developments than ever before. In less than a week Ukraine goes to the polls at a time when […]

Read full story Comments { 0 }

Dirty Hands on Italy’s Expo

On 1 March 1993, the former administrator of the Italian Communist Party, Primo Greganti was arrested for accepting a 621 million Lire (about USD390.000) bribe. A few months earlier, another high level politician from the Christian Democratic party, Gianstefano Frigerio, had admitted in court that he received bribes for his political party. These two men were […]

Read full story Comments { 0 }

India’s next government must take on corruption

  India has passed the half-way point in its chaotic elections where 814 million people are registered to vote. The last polling day is 12 May and results will be announced on 16 May. One of the big questions is how the newly elected politicians will deliver on their campaign promises to tackle corruption. Too […]

Read full story Comments { 3 }

Public consultation in Jersey: chance to come clean

The use of shell companies to mask the true owners of assets is still on top of the political agenda and interest in the issue continues to grow. This week the UK government announced further details of its plan to implement a public registry of company ownership. This is important because shell companies can facilitate […]

Read full story Comments { 1 }