Weekly news – 14 September 2018

Publikováno: 14. září 2018

Earlier this week, UN Secretary-General António Guterres told the Security Council: “the poor and vulnerable suffer disproportionately” from corruption, “and impunity compounds the problem.”

That’s true, and precisely why our new report is so alarming.

‚Exporting Corruption‘ reveals that only 11 major exporting countries significantly punish companies that pay bribes abroad. Meanwhile, more than half of world exports come from at least 33 jurisdictions where companies that export corruption along with their goods and services hardly face any consequences.

Foreign bribery doesn’t just skew the global marketplace, it hampers development and erodes trust in governments. A few people get rich while many are denied vital public services, like clean water, safe roads or basic health care.

These are problems that Mercedes de Freitas, the head of our Venezuelan chapter, knows all too well. She also addressed the UN Security Council this week, explaining how corruption in her country is causing deaths and instability, and appealing for protection for those fleeing Venezuela into neighbouring countries.

Will the UN start taking the links between corruption and conflict more seriously? And will governments finally start cracking down on overseas bribery?

We’ll be watching closely, and pressuring them to step up their efforts.

News from Transparency International

Foreign bribery rages unchecked in over half of global trade

Our new report, Exporting Corruption, rates 40 countries that are signatories to the OECD Anti-Bribery Convention on how actively they fulfill their obligation to investigate, prosecute and punish companies who bribe officials in foreign countries.

Ensuring that climate funds reach those in need

As climate change creates huge ecological and economic damage, more and more money is being given to at-risk countries to help them prevent it and adapt to its effects. But poorly governed climate finance can be diverted into private bank accounts and vanity projects, often leading to damaging effects.

Opportunities

Registration for the 18th IACC is open!

Registration is open for the upcoming International Anti-Corruption Conference (IACC), which will take place from 22-24 October in Copenhagen, Denmark.

 

Source: Transparency International

Foreign bribery doesn’t just skew the global marketplace, it hampers development and erodes trust in governments. A few people get rich while many are denied vital public services, like clean water, safe roads or basic health care.