Financial Transparency Coalition

The majority of the world’s leading exporting countries are failing to fully enforce a ban on foreign bribery, according to a report published today by Transparency International (TI).

Corruption is not exclusive to Africa, of course. Yet official corruption is bound to be more glaring on a continent where most people live in dire poverty. And the news from Africa, as reported in the International Herald Tribune on June 10 by Celia W. Dugger, is that the fight against such corruption is not going well.

Anti-corruption watchdog, Transparency International UK, published this June 2009 report that delves deep into the complex web of legal and regulatory armoury the UK employs to counter money laundering.