Financial Transparency Coalition

“Roaring Giant: Africa’s Economic Ascent” (Speech at Columbia University Economic Forum) The Liberian Journal, March 28, 2011 Govt Faces ‘Crisis of Credibility’ Amid Corruption Scandals IPS, March 29, 2011 Afghan officials agree to dissolve Kabul Bank, under pressure from U.S. and IMF Washington Post, March 26, 2011 Egypt clerics protest at graft in religious bodies

In a joint press conference with Salvadoran President Funes last week, President Obama announced that—through the Central American Security Partnership program—$200 million will be provided to fight drug cartels and organized crime in the region.  The President noted that the money will be used to address “the social and economic forces that drive young people towards criminality,” as well as “help strengthen courts, civil society groups and institutions that uphold the rule of law.”  While this is a more comprehensive effort than has been previously seen, the Obama administration’s plan of attack still falls short. Traditional approaches to...

Govt to clampdown on MNCs offshoring profits Economic Times, March 28, 2011 Ukraine works overtime to shine its tarnished image abroad Kyiv Post, March 26, 2011 India Survives Its Week of Leaks Huffington Post, March 26, 2011 A look at the world’s new corporate tax havens CBS News (60 Minutes), March 25, 2011 Stop this

Illegal fishing is a crime. When crime crosses borders, so must law enforcement. Gunnar Stølsvik, head of the Norwegian national advisory group against organized IUU-fishing, argues that the UN Convention against transnational organized crime (UNTOC) provides a tool that facilitates criminal investigations on illegal fishing. Some estimates suggest that illegal fishing causes annual financial losses of up to USD 23.5 billion globally. It results in a major loss of revenue and the effects on coastal states, and developing countries in particular, can be seen throughout the world. Illegal fishing (or illegal, unreported and unregulated fishing, often referred to as IUU fishing)...