Over the weekend, the New York Times alleged that Wal-Mart deliberately hid investigations into bribery practices at the company’s largest foreign subsidiary, Wal-Mart de Mexico. Wal-Mart is Mexico’s largest private sector employer with currently 209,000 employees. Allegedly there is a paper trail that includes hundreds of suspect payments worth more 24 million USD in total. [...]
Tag Archives | OECD Anti-Bribery Convention
Russia confirms plans to join the OECD Convention against bribery
In 1999 leaders from OECD countries took a big step in the fight against corruption and committed to holding their companies to account for their behaviour abroad. Until then, bribing abroad to win contracts had largely been tacitly accepted and was even a tax deductible expense in at least 14 OECD countries. Under the OECD [...]
Mexico and the G20 presidency: stronger leadership and anticorruption effort needed
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 [...]
Bribe Payers Index 2011: When trade is anything but free.
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 [...]
Bribe Payers Index 2011: Why is Russia last?
Today, Transparency International publishes the 2011 Bribe Payers Index. Elena Panfilova, Board Member of Transparency International and Director of our Russian Chapter, talks about Russia’s low score, which puts it in last place, as it was in 2008. Russia finishes last in the Bribe Payers Index this year. Why do you think this is? Russia [...]
Should banks profit from dictators’ money?
As Libya prepares for the future, what are financial centres doing to stop the flow of stolen assets from dictators? The following is adapted from a speech made by Transparency International’s vice-chair, Akere Muna, at the UN public service forum in Dar es Salaam, United Republic of Tanzania. If corruption, especially money laundering and bribery [...]
Corruption: a crime against society
The following is an excerpt from the collected papers of the Rencontres Economiques d’Aix-en-Provence 2011. Read the full article here. Corruption is often thought of as an economic or “white collar crime”. That ignores the greater implications of corruption, the abuse of power at the expense of the many, which perpetuates social injustice and the [...]
Corruption and UK businesses: Why we need the bribery act
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 [...]
Prosecuting bribers: Canada (finally) steps up to the plate
Last month, Canada was the worst performing G7 country in Transparency International’s OECD Anti-Bribery Convention Progress Report. James M. Klotz, President of Transparency International Canada, writes about the country’s landmark first foreign bribery case. Until recently Canada had a dismal record of enforcing its anti-corruption legislation. In the 12 years since the Corruption of Foreign [...]
Bribery: a barrier to good use of taxpayers’ money?
Fighting foreign bribery and strengthening government procurement processes are key to addressing corruption in international trade. Companies who bribe foreign officials are on the “supply side” of international corruption. Transparency International’s latest Progress Report on foreign bribery enforcement found that government efforts to stop this practice are lacking. Last week, 20 of Transparency International’s European [...]
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Niger fait campagne contre les faux enseignants, la corruption dans les écoles
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The politics of corruption in India: public goods for private gain
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Taking the temperature: Corruption Perceptions Index 2010
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Corruption Perceptions Index 2009: What does a number mean to you?
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Your country, your say
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Securing sustainable development outcomes through good governance and transparency
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Vietnamese youth film anti-corruption videos
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