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 […]
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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 […]
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 […]
Give us our daily scandal
When Transparency International announces the results of the Corruption Perceptions Index in December and Italy performs badly again, there will always be at least one commentator who feigns surprise. How could it happen? Italy has the same score as Bulgaria and Senegal again? The index must be wrong. The writer unquestionably accepts the scores for […]
Bribery: ‘redesign public services to cut risk’
Paying bribes to access basic services is rife worldwide: our research shows that globally, it affects the lives of more than one in four people. Bribery that takes place between citizens and officials is illegal and bad for society. It’s an unjust cost for taxpayers to bear, denying people their right to access necessities such […]
‘It has become more difficult to be corrupt in China’
In a blog published by the Bertelsmann Transformation Index, China expert Christian Goebel speaks about Xi Jinping’s anti-corruption campaign and how it is helping transform China from collectivist one-party rule to a one-person authoritarian system. In Transparency International’s latest Corruption Perceptions Index (CPI), China is among the countries with the largest decline in points, despite a […]
Secrecy breeds corruption
This week the New York Times is running a series of hard-hitting investigative reports into who is buying luxury apartments in a single skyscraper overlooking Central Park in New York City, called Time Warner Center, and how they are doing it. It has highlighted a dubious bunch of big spenders allegedly enjoying the proceeds […]
Illicit Financial Flows from Africa: a complex political problem
Last month African heads of state meeting in Addis Ababa received and endorsed the report of the High Level Panel on Illicit Financial Flows from Africa, which outlined where corrupt money comes from, where it goes and what needs to be done to stop it so that citizens can enjoy the wealth their countries produce. […]
Supporting security and development in the Americas
Last week, US vice-president Joe Biden wrote an important article in the New York Times to explain his administration’s plans to channel resources to support security, governance and development in Central America. Biden wrote that in order to sustain economic growth and economic equality in a region plagued by violence, poverty and corruption, you need […]
Youths from Asia Pacific unite in the fight against corruption
Young people constitute a sizeable portion of the Asian Pacific population and tend to be particularly exposed to bribery and corruption as students, pupils, workers, customers and citizens. But young people can play a pivotal role in the fight against corruption, in Asia Pacific and beyond. While people from the older generation tend to see […]
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What’s next for Ukraine?
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Cleaning up sport: conflicts of interest at the top
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OGP: France must do more to tackle corruption
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Pharma companies in Slovakia: Uncovering conflicts of interest
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Nokubonga Ndima: Young people can make a change for a better future...
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