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Flipping the Benefit-Cost Ratio: HP, Bribery & Shareholders
October 22nd, 2010
Hewlett-Packard, the titanic computer-making company which has been caught up in several recent PR scandals (bribery included), was sued yesterday by their own shareholders for breaking federal anti-corruption laws. Bloomberg reports:
From 2007 to 2009, HP violated the federal anti-kickback law by paying government vendors “influencer fees” to win contracts to design information technology systems, according to the complaint filed in federal court in San Jose, California. The company is also under investigation for possible violations of the U.S. Foreign Corrupt Practices Act. Current and former directors at HP “consciously condoned...
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Official G20 Seoul Summit Video Released
October 21st, 2010
As I'm sure that you know, we're gearing up for the upcoming G20 Summit this November in Seoul, South Korea. (Which reminds me, if you haven't already signed the G20 petition: please do so by clicking here...). The organizers of the G20 Seoul Summit (i.e. the Korean Government) have also been preparing, and they've just released their official video, "Let's go 뮤직비디오(영문) ." If you're not already pumped for Seoul beforehand, you sure will be after watching. Continue Reading
Wednesday’s Daily News Digest
October 13th, 2010
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Raymond Baker Speaks at the U4 Anti-Corruption Resource Centre in Bergen
October 7th, 2010
Following the annual conference of the Task Force on Financial Integrity & Economic Development last week in Bergen, Norway, Global Financial Integrity Director Raymond Baker had the opportunity to give a lecture on the issue of illicit financial flows and the impact they have on development hosted by the U4 Anti-Corruption Resource Centre and the Chr. Michelsen Institute at the the Bergen Resource Centre for International Development. Check out the full lecture below:
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We are a pioneering global network of organizations working on illicit financial flows. We use our wide reach and expertise to influence global norms and standards for financial transparency, and close loopholes in the global financial system. We seek to curtail illicit financial flows through the promotion of a transparent, accountable and sustainable financial system that works for everyone.