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CORRUPTION NEWS

Money laundering and related crimes – info centre

Money laundering and illicit financial flows are two related, but distinct types of corruption that pose a huge threat to development and political and economic stability around the world. Developing countries are especially hard hit. The two are closely linked to the concept of beneficial ownership, which is a term referring to the true owner Read more >

CORRUPTION NEWS

Invest responsibly and don’t export corruption to Africa

First published on the ISS website Governments and business must do more to combat corruption as the biggest threat to African peace and development, said Institute for Security Studies (ISS) executive director Anton du Plessis, speaking on Friday at the World Economic Forum Africa meeting in Kigali. Du Plessis said the biggest threat to peace Read more >

CORRUPTION NEWS

Sanction individuals too: global fraud survey

Unethical conduct condoned in the workplace, lack of consequences and prosecution for bribery and corruption, and inadequate government commitment to secure convictions – these factors cropped up repeatedly in the findings of the 2016 global fraud survey, published by EY. Conducted between October 2015 and January 2016, the consulting firm’s biennial survey provides powerful insights Read more >

CORRUPTION NEWS

KPMG: ABC compliance still a big challenge

KPMG released its latest global anti-bribery and corruption survey earlier in September. The report, titled Anti-Bribery and Corruption: Rising to the challenge in the age of globalization, analyses some of the key risks companies face when dealing with bribery and corruption. The survey was completed in October 2014. The auditing company polled 659 respondents around the Read more >

CORRUPTION NEWS

Gains, losses in SA anti-bribery compliance

The latest anti-corruption survey from law firm ENSafrica is out – this year 88 organisations, including ENS corporate clients, across Africa participated. In the latest ENSafrica survey, South Africa is named as one of eight corruption hotspots on the continent, based on the experiences of respondents. Image: ENSafrica. The survey, said ENSafrica in a statement, Read more >

POLICY AND ADVOCACY

Civil society victory as Alderman steps down

Corruption Watch, with five other organisations, last week wrote an open letter to the Organisation for Economic Co-operation and Development (OECD) to express disappointment that Richard Alderman would sit on the high-level advisory panel reviewing OECD efforts on bribery. Their voices did not go unheard – the Financial Times reports today that Alderman, a former Read more >

POLICY AND ADVOCACY

Civil society disappointed by OECD choice of Alderman

Corruption Watch is one of six signatories of an open letter to the Organisation for Economic Co-operation and Development (OECD), protesting the organisation’s recent appointment of Richard Alderman to its high-level advisory group to review the OECD’s efforts on bribery. The group is concerned about Alderman’s apparent preference for using settlements to wrap up cases Read more >

CORRUPTION SNAPSHOTS

Global corruption snapshots: 15 January 2015

Wikileaks for Africa? Introducing Afrileaks A new service launched on 13 January hopes to safely connect whistle-blowers with investigative journalists, encouraging a ‘new culture of accountability and justice’ across the African continent. It’s the first of its kind to provide ongoing technical training in how to “verify and investigate the quality of leaks”. (The Guardian). Read more >

CORRUPTION NEWS

Getting to the root of foreign bribery

“In order to fight corruption and win, we have to know our enemy,” reads the introduction to the Organisation for Economic Co-operation and Development's (OECD) inaugural report on foreign bribery, released on 2 December. “Until now, there have been very few successful attempts to measure this complex and covert crime. We have been fighting in Read more >