Tag Archives | Zambia

What Billions In Illicit And Licit Capital Flight Means For The People Of Zambia

By on 16 December 2012 in Africa and Middle East, Aid, Cost of Corruption, Private sector

A forthcoming report by Global Financial Integrity finds that Zambia lost US$8.8 billion in illicit financial outflows from 2001-2010

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Corruption without borders

By on 4 September 2012 in Africa and Middle East, Americas, Asia Pacific, Europe and Central Asia, Private sector

Stories of bribery and its impact around the world, from Greece to Mexico. 39 countries are signed up to the OECD Anti-Bribery Convention, meaning that they have agreed to investigate and prosecute businesses that use corrupt practices when conducting business abroad. We will publish a new report on Thursday showing a rise in prosecutions by [...]

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Truth or consequences? The problem with settlements and the World Bank’s debarment of Alstom units

By on 25 April 2012 in Africa and Middle East, Private sector

While the year-long allegations of misconduct against the Alstom Group (ALO) have led to some significant consequences for the company – US$ 9.5 million worth of them – a lot of questions about what happened remain. At the end of February, the World Bank decided to debar two Alstom subsidiaries for three years and agreed [...]

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