Higher education has historically provided enhanced opportunities for economic achievement and upward mobility for future generations. But that path to success may be in jeopardy for many because of the increasing costs of earning a university diploma. Moreover, the inflated cost of higher education is being fuelled, in part, by financial fraud and corruption. This […]
The Toll of Fraud in Academia
Fake bomb detectors and the latest casualties of corruption
This article was first published on Trustlaw Yesterday, the British ‘businessman’ James McCormick was found guilty of fraud for selling millions of pounds worth of utterly useless bomb detectors to governments around the world, including a major contract in Iraq. A whistleblower alleges that McCormick paid millions of pounds in bribes to at least 15 […]
Cyprus: a chance to strengthen its fight against money laundering
The issue of whether or not to bail out the troubled banking sector in Cyprus has taken on serious political overtones as the crisis deepens. During the past few weeks Cyprus has been accused of failing to combat money laundering and fraud and that Russian oligarchs seek refuge for their money in this “tax haven” […]
Will Berlusconi sentence stick?
Exceptionally high numbers of cases are being dismissed in Italy: from 2005-2009, 10 to 13 per cent of all criminal court proceedings have been closed because they ran out of time, meaning that one in 10 trials ended with impunity for the alleged offender. That is more than 150 000 cases a year. In Hungary, the rate was less than one per cent. In Finland, it was less than 0.1 per cent.
The true cost of defence corruption
Leah Wawro is Project Officer with Transparency International’s Defence and Security Programme. Corruption in the defence and security sectors comes at a high price. Secretive arms deals, rigged procurement, and the long, often unaccountable chain of subcontractors in conflicts, mean that corruption often goes undiscovered and unreported. It is only when scandals are uncovered that […]
While the word “rat” has not yet made it into Transparency International’s recently launched Plain Language Guide, Participación Ciudadana, TI’s chapter in the Dominican Republic, is making quite a fuss about the fuzzy creatures. Together with a few other NGOs, this very active organisation decided to pursue public good through a mass fumigation march, with […]
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