In the picture of Hungary painted by Transparency International Hungary’s report on the country’s institutions last week, the colours would be quite blunt, with opaque areas in grey representing shady figures and institutions bound together very closely. In less artistic terms, it seems that nowadays private interests prevail over public interests, and Hungarians have just […]
The following article was first published on Fox News Latino. From a strictly rational point of view, a person decides to get involved in corruption for personal advantage, usually financial profit. The less likely it is that the corrupt act will be discovered and sanctioned – and the greater the potential profit – the more likely it […]
Eduardo Bohórquez and Deniz Devrim of Transparency International’s Mexican Chapter reflect on their country’s efforts to fight foreign bribery and new opportunities for its upcoming G20 presidency. In the 2011 Bribe Payers Index (BPI), Mexico ranks on position 26 out of 28 countries with a score of 7.0 on a scale where 0 means Mexican […]
As the G20 prepare to meet in Cannes, Transparency International’s new report serves as a timely reminder of some unwarranted consequences of trade and investment and the need for a global effort to stop corruption in all its forms. Deborah Hardoon, Senior Research Coordinator, discusses the global impact of the countries ranked in the 2011 […]
Emile van der Does de Willebois, Senior Financial Sector Specialist at the World Bank, writes about a new report on the ever-more sophisticated methods used to hide bribes, stolen assets and other criminal proceeds from the World Bank’s Stolen Assets Recovery Initiative. It’s easy to set up a company. If I want to start a […]
“In looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if they don’t have the first, the other two will kill you.” The American investor Warren Buffet’s words of advice struck a chord. His words were quoted by another man intimately familiar with the world of business, K.M.Lee, Managing […]
Tetraethyl lead – a compound used in leaded petrol – was a major source of income for the international chemical firm, Innospec, before health and environmental concerns led to its abolishment in the US and Europe more than ten years ago. The poisonous chemical – which has been proven to stunt the mental development of […]
Today is Anti-Corruption Day, created in 2003 by the United Nations to raise awareness of corruption and of the role of the UN Convention against Corruption in combating and preventing it. But when we refer to corruption, what do we talk about? What does it mean for people’s lives? Looking at it closely, we don’t […]
It’s impossible these days not to notice the steady stream of news coverage on bribery and corruption scandals from the pages of financial papers like the Wall Street Journal and Financial Times into mainstream media and the blogosphere. Bribery allegations, prosecutions and record-setting fines, many of which involve corporate titans, are reported in the press […]
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