Shortly after being appointed CEO of the Japan-based company Olympus, Michael Woodford discovered a massive case of fraud within the company. When he tried to raise the alarm internally, calling on board members to explain the exorbitant fees – amounting to hundreds of millions of US dollars – paid to obscure companies, some of them […]
German-Greek arms deal corruption allegations stir renewed debate
The Self Propelled Howitzer “PzH 2000” of German Defense Company Krauss-Maffei Wegmann (KMW) “sets a worldwide standard”, according to the company. Athens bought the howitzers a decade ago for €200 million, a deal which is now the centre of allegations about dubious flows of money in connection with two former German parliamentarians. The PzH 2000 […]
Public consultation in Jersey: chance to come clean
The use of shell companies to mask the true owners of assets is still on top of the political agenda and interest in the issue continues to grow. This week the UK government announced further details of its plan to implement a public registry of company ownership. This is important because shell companies can facilitate […]
Bangladesh factory safety in spotlight
On 24 April 2013 more than a thousand garment workers died when the Rana Plaza commercial building containing several factories in Dhaka, Bangladesh collapsed shortly after work began. A few months earlier, on 24 November 2012, more than a hundred workers died when a factory burned down in another part of the city. The owners […]
Arms Deals in the Dark: secret contracts in the defence sector
The past few months have seen major scandals in defence procurement involving The Colombian Defence Ministry, AgustaWestland and the UK government, Rolls-Royce and Hindustan Aeronautics Ltd, and Kongsberg Gruppen. The ghosts of corruption past are coming back to haunt these institutions. We’ve also seen major new contracts announced: BAE Systems and Saudi Arabia have agreed […]
Shelving the shells
From one corruption fighting organisation to another, hats off to Global Witness. Founder Charmian Gooch and her colleagues have been recognised for their stellar efforts to highlight the damage done by corrupt practices in the extractives sector. In her award winning TED talk, Gooch highlighted the role of ‘the facilitators’ – global banks and global […]
Time to stop secret contracts
We entrust governments – with our votes and money – to act transparently in our interest. This includes for the public contracts that they bid out to deliver: everything from schoolbooks to sanitation systems. Globally, these costs are estimated to top nearly US$ 9.5 trillion each year. Yet many of these contracts are done behind […]
5 reasons South Africa Arms Deal sweeteners turned sour
Ever since the South African government signed a US$4.8 billion deal to buy weapons from Swedish, British, German and South African defence companies in 1999, it has been hounded by allegations of corruption. The deal is still ongoing, and could still be cancelled. One of the justifications for the purchase was offset contracts – side […]
Slovenia: ‘Women’s voices must be louder’
Saturday 8 March is International Women’s Day, and to mark the occasion we’re celebrating women corruption fighters across the world! All this week we’ll be interviewing some of the many remarkable women who fight corruption in our movement, and on Friday we’ll be profiling the women who spur YOU on to stand up against injustice. […]
New year’s resolution: learn the language of bankers
If you have not yet made it to the gym, fear not. Exchange that new year’s resolution for another: learn a new language. But make sure you learn one which has a more practical purpose than ordering a drink or finding one’s way to the swimming pool. It’s time to learn the lingo of bankers […]
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- Benjamin M: Very good article! Congrats!...
- arun kottur: In India sports minister was involved decades are ...
- Ekonomi: Very beneficial article. Thank you very much. htt...
- ksweeney1: I do not agree that https://apex.aero/2016/09/22/g...
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