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Tag Archives: Corruption

Chinese Hammer over Glaxo Rattles Western firms

GlaxoSmithKline’s China operations – under investigation by state officials who accuse the UK pharmaceutical giant of breaking Chinese laws – could spell trouble for other foreign businesses operating there… GSK’s China arm may have to pay fines and give up profits totaling billions of renminbi if state allegations of mass graft by its executives are proven. Exacerbating the matter, a ... Read More »

EU Union Estimates the Cost of Corruption at Euro120bn

The European Union has been trying to compute the costs of this increased corruption:  The estimate is €120 billion annually.  This is a combination of lost tax revenue and a reduction in foreign investment. The data is actually pretty shocking given that these are modern industrial states and not the developing nations that are so often assumed to be the most ... Read More »

Open Government: Indonesia to Provide an Integrated and Accessible Portal for Public

LAPOR! (“to report” in Indonesian) is an initiative from the Government of Indonesia to provide an integrated and accessible portal for the Indonesian public to submit complaints and inquiries as a means of enhancing public participation in national development programs.  The Public can submit complaints about development programs and public services simply through the website. LAPOR! Will then transfer every validated ... Read More »

Transparency International Corruption Index 2013: Corruption Still a Big Problem

Transparency International has just released its Corruption Index 2013 which rates corruption perceptions in 177 countries around the world.   Unfortunately, more than two thirds of the 177 countries in the 2013 index score below 50, on a scale from 0 (perceived to be highly corrupt) to 100 (perceived to be very clean).  The average country score this year is 43/100 ... Read More »

Transparency International to Sponsor One World Media Corruption Reporting Award

The global anti-corruption organisation Transparency International is pleased to announce its sponsorship of the Transparency International Corruption Reporting Award, a new award, as part of the One World Media Awards 2014. The Corruption Reporting Award is for all media that cover any aspect of corruption, including investigative reports and features that show the effects of corruption on individuals or society. ... Read More »

Transparency International Calls On G20 to Deliver On Anti-Corruption Commitments

Companies to publicly register the names of their real, beneficial owners Transparency International called on G20 countries to follow through on their anti-corruption commitments by boosting financial transparency across borders and creating an environment which enables civil society to combat corruption. To deliver on their commitment to tackle financial crime, G20 leaders should agree to make all companies publicly register ... Read More »

Transparency International: Corruption much Alive in the World

Transparency International’s Corruption Perceptions Index 2012 shows corruption continues to ravage societies around the world.  Two thirds of the 176 countries ranked in the 2012 index score below 50, on a scale from 0 (perceived to be highly corrupt) to 100 (perceived to be very clean), showing that public institutions need to be more transparent, and powerful officials more accountable. ... Read More »