Transparency International - Daily Corruption News (30 Oct 2015)

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30 October 2015
Today's top story
Global: Credit Suisse probed by U.S., Switzerland in FIFA case
Bloomberg
U.S. and Swiss authorities are investigating Credit Suisse Group AG’s relationships with FIFA officials named in a U.S. criminal indictment, the lender said, making it the first global bank to disclose that it is being questioned in the corruption probe that has rocked football’s world governing body.

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Blogs and opinion

News from Transparency International
On the web: Forest corruption: communities fight back
Press release: Transparency International Statement on the Open Government Partnership at the OGP Summit 2015

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Middle East & North Africa - Ukraine - Sri Lanka

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Corruption fuels ongoing conflict. The Middle East and North Africa has been in a decline on the Corruption Perceptions Index (CPI) for years. The region is also ranked as the "least peaceful region" according to the Global Peace Index. Transparency International (TI) argues that corruption, conflict, and security are profoundly intertwined. TI: https://www.transparency.org/en/news/cpi-2022-middle-east-north-africa-corruption-fuels-ongoing-conflict   [Opinion] Ukraine's corruption purge is setting the stage for private investment-driven recovery. Corruption is regarded as a key threat to the Ukrainian economy, depriving public budgets and discouraging foreign direct investments (FDI). The current administration has taken strong anti-corruption action, and the country has witnessed a significant increase in FDI in recent years, says author. DevDiscourse: https://www.devdiscourse.com/article/business/2353089-ukraines-corruption-purge-setting-stage-...
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Invisible Trillions review: Global capitalism operates beyond the rule of law and threatens democracy. Raymond W. Baker's new book "Invisible Trillions" argues that "secrecy has become as important for corporations as transparent and taxable profits used to be". "Only radical improvements across the globe in financial transparency and accountability, and in regulatory capacity and integrity, can break this cycle of political decay and despair". The Conversation: https://theconversation.com/invisible-trillions-review-global-capitalism-operates-beyond-the-rule-of-law-and-threatens-democracy-199311   [Blog] The dynamics of violent extremism in sub-Saharan Africa. There is no better environment for the expansion of violent extremist groups than a vacuum in state authority. These groups begin to compete with the state and may even be initially attractive to communities weary of years of lawlessness, corruption, and chaos according to autho...
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The Pacific - Nepal - Eastern Europe & Central Asia

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