Meaningless CPI comparison / Malaysia procurement complaints / Korean business embezzlement

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A Reminder: Year-to-Year CPI Comparisons for Individual Countries are Meaningless, Misleading, and Should Be Avoided (Blog).  “In brief, score changes can sometimes be driven by technical changes (such as changes in the underlying sources used to calculate the scores), and there’s so much statistical noise in the CPI estimates that small changes are often not statistically meaningful–and even for those changes that are statistically significant at conventional levels, one would expect that in a sample of 180 countries, some would exhibit “statistically significant” changes even if it were all random noise.”

Matthew Stephenson/The Global Anticorruption Blog:  https://globalanticorruptionblog.com/2019/01/29/a-reminder-year-to-year-cpi-comparisons-for-individual-countries-are-meaningless-misleading-and-should-be-avoided/

 

Procurement sector records highest corruption complaints.  It was revealed during the launch of the Malaysian National Anti-Corruption Plan 2019-2023 (NACP) by Prime Minister Tun Dr Mahathir Mohamad on Tuesday that in the last five years, the procurement sector recorded 42.8% of the total complaints.

The Star: https://www.thestar.com.my/news/nation/2019/01/29/procurement-sector-records-highest-corruption-complaints/

 

Samyang Foods tarnished by CEO’s embezzlement.  Through document manipulation, paper companies set up by the President and Chairman couple received payments from Samyang Foods from 2008 to 2017; they were found to have embezzled US$ 4.5 mil.

Nam Hyun-woo/The Korea Times:https://www.koreatimes.co.kr/www/tech/2019/01/694_262737.html

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