Menu

More News

President of Tunisia Flees Country, Just Like All the Illegal Capital
January 15th, 2011
Forthcoming Report Finds North African Nation Loses $US1.16 Billion Annually in Illicit Financial Outflows
President Zine el-Abdine Ben Ali of Tunisia fled his country on Friday, and Prime Minister Mohammed Ghannouchi has announced that he is now in charge. Tunisia is a country known for its oppressive government rule and, according to a BBC analysis, “human rights groups say the authorities tolerate no dissent, harassing government critics and rights activists.” Unrest among Tunisians has lead to deadly riots this month over unemployment and poor governance. According to the Associated Press at least 23 Continue Reading
Highlights from the International Corruption Hunters Alliance Conference at the World Bank
December 9th, 2010
WASHINGTON, DC – Nearly 250 prosecutors, civil society representatives and other officials gathered in Washington, DC this week for a World Bank-hosted meeting of the International Corruption Hunters Alliance. Speakers at the three-day event included World Bank President Robert B. Zoellick, United States Senator Patrick Leahy, Transparency International Chair Huguette Labelle, EU MP Eva Joly, ICC Prosecutor General Luis M. Ocampo, Fridtjov Thorkildsen of Norad, and dozens of other notable corruption fighters. Overall the event was a good opportunity to hear what effort the Bank is making to curb bribery, to better understand initiatives underway in...
Continue Reading
From individual transparency to systemic transparency.
November 19th, 2010
A certain number of tools have been developed over the past two decades to enhance corporate or governmental transparency. Anticorruption prevention tools, integrity pacts, and good reporting or disclosure practices were adopted by a certain number of corporations, governments or public institutions, those being individual players in the global economy. Yet the 2008 crisis has shown that many individual commitments or right behaviors were not enough when a few uncontrolled players could put the entire system at considerable risk and threaten economic development for several years.
Continue Reading
Follow @FinTrCo