Tag Archives | corruption scandals

Chile must reform political party financing laws

5 March 2015 in Accountability, Americas, Politics and government

The timing couldn’t be better. The Chilean Congress is debating much-needed changes to the laws governing party political finances just as charges were formally made against two high-profile businesspeople for allegedly using fake receipts to fund Chile’s opposition party, the Independent Democratic Union in 2013. Several other former politicians, public officials and businesspeople have also […]

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From CEO to whistleblower

13 June 2014 in Financial Markets, Private sector, Whistleblowing

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 […]

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Corruption on the rise in Europe

16 February 2012 in Europe and Central Asia, European Union, Measurement and Research, Politics and government

A public opinion survey finds that corruption is a major problem across the European Union. The survey was published today by the European Commission. Two – thirds of Europeans believe corruption is a major problem in their country. Corruption continues to be one of the most important challenges facing Europe, harming the integrity of the […]

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