Tag Archives | France

Waiving immunity lets those in power be held to account

In late March, a French court ordered an investigation into alleged abuses of power by IMF chief Christine Lagarde during her time as a French finance minister and her involvement in the payment of compensation to businessman Bernard Tapie. Investigators opened an inquiry into possible charges of “complicity to embezzlement of public funds” and “complicity […]

Read full story Comments { 0 }

What NGOs can do to make sure politicians are clean

French politicians will today vote on a law on “transparency in public life”. The law will oblige politicians to publish declarations of interests, although it looks like asset declarations will only be registered with public authorities. Asset declaration rules have been introduced in many countries as a way to enhance transparency and integrity as well […]

Read full story Comments { 5 }

L’affaire Cahuzac: a stain on Hollande’s integrity agenda or a wake-up call?

After four months of denial, Jérôme Cahuzac, former Minister of Budget, finally admitted he had a Swiss bank account in his name, transferred to Singapore in 2009, containing close to €600,000. He has now been placed under investigation over alleged laundering of tax-fraud money. This scandal – which is shaking the French political class and […]

Read full story Comments { 2 }

Prosecuting transnational corruption: France in the dock

The OECD has accused France of not responding effectively to the problem of international corruption. The third monitoring report on France’s implementation of the OECD Anti-Bribery Convention did cite some progress: efforts have been taken to make businesses aware of the need to fight corruption and implement corruption prevention measures. But the rest of the […]

Read full story Comments { 0 }

Please mind your own business, France!

“Our country is a good student when it comes to passing laws. What is missing is their implementation because of the lack of political will” says Daniel Lebègue, chair of Transparence France. One of the world’s biggest exporters, France is not doing nearly enough to fight and prevent foreign bribery, say the OECD’s and Transparency […]

Read full story Comments { 1 }

Will Britain tackle tax evasion?

317 Pressure on what are alternatively called ‘offshore havens’, ‘tax havens305’ or ‘secrecy jurisdictions’ is reaching an unprecedented level. There are more than fifty such havens world wide, and governments are finally coming around to the idea voiced by activists that tougher regulation is needed. The economic crisis has lent urgency to the cause. Britain’s […]

Read full story Comments { 1 }

Foreign bribes in the Middle East & North Africa – Not just a regional problem

Recovery of stolen assets is a prime concern for Arab governments at the moment but what role did multinationals play in bribing former corrupt officials? A six month joint investigation published this week in British papers revealed that the country’s authorities have not been proactive in seizing key assets by the former Egyptian president Hosni […]

Read full story Comments { 1 }

A new era of integrity for France?

Only about two weeks after Nicolas Sarkozy lost his presidential immunity, police searched his home and office to look for evidence to support allegations of illicit political financing, in the context of the famous “Bettencourt case”, one of the many “affaires” to shake French political life. What matters is not the few instances of misconduct […]

Read full story Comments { 1 }

Who owns what? Trying to clean dirty money in the EU

How do you fancy owning two Bugatti Veyrons, the fastest and priciest street car in the world, with a top speed of 250mph and a cost of €1m a pop? Or how about splashing out €18m on art formally owned by French fashion designer Yves Saint Laurent? How about affording all of this on your […]

Read full story Comments { 7 }

2011 in words and pictures

An illustrated, month-by-month look at some of the top corruption-related stories and trends of 2011. January Mohamed Bouazizi sets himself ablaze in defiance of bribe-seeking police. The death of the 26 year-old Tunisian fruit vendor serves as a catalyst for a surge of protests that quickly unfurl across North Africa and the Middle East. We […]

Read full story Comments { 0 }