Tag Archives | offsets

5 reasons South Africa Arms Deal sweeteners turned sour

6 March 2014 in Access to information, Accountability, Africa and Middle East, Cost of Corruption, Defence and Security, Miscellaneous, Politics and government, Private sector

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 […]

Read full story Comments { 0 }

The hidden price tag of defence contracts

10 February 2012 in Accountability, Defence and Security, Private sector

The Indian government recently decided to spend $11 billion  to purchase Rafale fighter jets from Dassault Aviation. The deal includes a commitment from the company to spend $6 billion in the country– a typical “offset” contract that often accompanies defence sales and can be spent on projects ranging from direct technology transfer to those unrelated […]

Read full story Comments { 4 }

Will New EU Defence spending Rules Reduce Corruption ?

22 August 2011 in Defence and Security

Julia Muravska, project officer in Transparency International’s Defence and Security Programme, asks whether EU countries will use new EU laws to tackle corruption in defence spending – or use to fine print to avoid real change. Notorious corruption allegations in the defence sector, such as those surrounding the BAE /SAAB fighter jet sales to South […]

Read full story Comments { 1 }