World News

Denmark reveals €800m tax fraud – the country’s biggest

August 27, 2015

Denmark’s tax authority said on Wednesday that it had alerted police after foreign companies appeared to have drained more than 800m euros from the system in what would be the country’s biggest tax fraud. “Over the summer we became suspicious after receiving information from a foreign authority,” said Jesper Ronnow Simonsen, head of the Skat […]

UK: Half of whistleblowers ‘dismissed or forced to resign’

August 14, 2015

Research shows people who raise concerns at work are commonly victimised. Eighty per cent of ‘whistleblowers’ suffer reprisals at work, with 50 per cent saying they were either forced to resign or dismissed following their claims, according to research from the charity Public Concern at Work (PCAW). The survey of more than 2,000 working adults, […]


The 10 Most Corrupt Countries in the World

August 12, 2015

Corruption and economic turmoil often go hand-in-hand. In western nations like the United States and many European countries, we often see corruption come to light as the result of whistleblowers or journalistic efforts. But in many other areas of the world, however, corruption plays a major role in fostering staggering poverty and broken economic systems […]

World Bank: Cracking down on secret companies in public procurement

August 12, 2015

World Bank construction project in Bulgaria Public procurement around the globe presents high risk for corruption. There’s a great deal of money at stake –  the OECD reckons procurement spending averages between 13 and 20 per cent of GDP – so it is important that those getting the business do it fairly. Knowing who controls […]

New U.K. Agency to Target International Corruption

August 11, 2015

A new U.K. unit will investigate cases of international corruption affecting developing countries. A handout photograph taken and released April 25, 2015, by the U.K. National Crime Agency shows an officer looking through binoculars towards the tug Hamal, believed to have been carrying a shipment of cocaine, as it traveled off the coast of Scotland.Agence […]

World Bank adopts key Transparency International goals in new procurement policies

August 6, 2015

The World Bank funds 1,800 procurement projects to the tune of US$42 billion in 172 countries, often in challenging environments. It is therefore important to have strong measures to counter corruption. Last week, the Bank announced a new procurement framework that includes many of the recommendations and suggestions Transparency International and Transparency International USA have […]

Ukraine replaces entire police force to beat corruption

July 30, 2015

Only a few months ago, Kiev residents would normally avoid the police if they could help it. The officer would be of no use on a complaint – or worse, would demand a bribe. Not any longer. These days, Kiev residents approach members of a new police force that has hit the streets – and […]

Czech Republic: A wine case full of cash in bohemia and the need for integrity pacts

July 27, 2015

Three years ago Czech politician David Rath was caught red handed with seven million crowns (around 260,000 euros) of stolen cash stuffed in a wine box. After a lengthy trial the former health minister and governor of Central Bohemia was found guilty of taking bribes, manipulating public tenders and harming the financial interests of the […]

What Companies Do Right (and Wrong) Fighting Bribery and Fraud in Emerging Markets

July 24, 2015

The enormous growth opportunities in emerging markets for large North American- and European-based companies come with significant risks – running afoul of international anti-bribery and fraud regulations chief among them. An overwhelming majority of firms (83 percent) have suffered major loss-making incidents in emerging markets over the last five years, according to a new FTI […]

USA: Blagojevich Ruling Draws Line on What Is, Isn’t Corruption

July 24, 2015

CHICAGO — Federal judges who tossed several of Rod Blagojevich’s corruption convictions endeavored to answer a question legal observers said Wednesday had gone largely unanswered: Just when does an elected official cross the line between legal and illegal political horse-trading? The 7th U.S. Circuit Court of Appeals in Chicago overturned five out of 18 wide-ranging […]

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