How to win back trust in banks

The culture of profit before service at banks has led to a spate of serious scandals that have destroyed the public’s trust in the banking system. In March Transparency International wrote to the G30, a group of senior representatives of the private and public sectors and academia, which was tasked to develop recommendations on what […]

Read full story Comments { 0 }

Berlusconi’s latest corruption conviction: integrity for sale

Last week a Naples court sentenced Italy’s former Prime Minister Silvio Berlusconi to three years in prison for corrupting the political process by bribing a politician for his vote. Valter Lavitola, his “fixer” in this act, was also convicted. Neither will serve time. This was only the first court decision and both men have the […]

Read full story Comments { 0 }

FIFA reform: suggestions for fair and transparent finances

The resignation of Sepp Blatter as FIFA President on 2 June was swiftly followed by a commitment to immediate governance reform, led by independent chair of FIFA’s audit and compliance committee Domenico Scala. Central to Scala’s mandate will be a review of financial transparency, as well as the proportional representation of influence within FIFA. This […]

Read full story Comments { 1 }

Advocating for FIFA reform – a sponsor´s perspective

There’s so much that’s good about sport. Next to family, I see sport and music as the two most important cultural influences on children. But the difference between the two is that the love of sport, the love of a team, the enjoyment to be derived from it can be shared between generations. It’s very […]

Read full story Comments { 0 }

HOW TO MITIGATE CORRUPTION RISKS IN AID FLOWS?

Corruption is a major threat to public funds – and not just in the developing world. According to a recent report commissioned by the EU anti-fraud agency OLAF, € 901 million should be recovered after proven fraud or corruption in EU funds. One of the greatest concerns of any donor is how to minimise the […]

Read full story Comments { 0 }

Ditching Integrity: US college sports in crisis

Before the American Civil War (1861-65), every state in the Confederacy had stringent laws forbidding anyone to teach slaves reading and writing. In North Carolina, it was a crime to distribute books or pamphlets to slaves. After emancipation, and well into the mid-20th century, schools remained segregated in both the North and South either by […]

Read full story Comments { 0 }
Image of sSt Lucia stadium

Corruption on the fringes of FIFA

Sepp Blatter’s announcement on 2 June that he will step down as President of the Fédération Internationale de Football Association (FIFA) was met with reactions of disbelief, excitement and uncertainty from across the football world. Only a few days earlier, he had been re-elected by nearly two thirds of the 209 national member associations. With […]

Read full story Comments { 1 }

Fans can influence how football is run

Fans today are speaking out more about actions that take place off the field of play as well as on it. Ben Shave works at Supporters Direct Europe, an organisation that helps football fans gain influence in the running and ownership of clubs. Shave is also on the Expert Advisory Panel of the Corruption in […]

Read full story Comments { 0 }

Know your contractors: transparent ownership reduces corruption

Procurement is at the heart of the work that the World Bank and other international development banks do. Countries borrow from these multilateral organisations to develop the public works and services their citizens need: such as healthcare, education, sanitation and infrastructure. Through public procurement, countries use the borrowed funds to acquire expertise, labour and supplies […]

Read full story Comments { 8 }

Deutsche Bank settlement: does the punishment fit the crime?

Germany’s biggest bank, Deutsche Bank has agreed to pay a record US$2.5 billion in fines to US and UK authorities after one of its subsidiaries pleaded guilty to wire fraud for its role in manipulating LIBOR. This is more than your everyday bank scandal: LIBOR has an impact on millions of people, if not billions […]

Read full story Comments { 4 }