Corruption victims reparations / Myanmar EITI compliance / Corporate governance bar

-

Reparations for Corruption: How Corruption Enforcement Ignores Victims’ Rights.  “...Airbus, a European aircraft maker, announced a USD 4 billion settlement with US, UK, and France authorities…Regretfully, as we see all too often, these settlements will not include reparations to the people or communities affected by the bribery and corruption. Despite early and persistent requests, these victims were left out of the bargain.

Juanita Olaya Garcia/Tufts University: https://sites.tufts.edu/ihs/reparations-for-corruption-how-corruption-enforcement-ignores-victims-rights/

 

Myanmar govt faces setbacks in enforcing compliance with EITI database.  The government says it lacks the mechanisms to force companies to disclose ownership information through a public registry, which are part of recent measures to clean up corruption in the extractive industry.

John Liu and Thompson Chau/Myanmar Times: https://www.mmtimes.com/news/myanmar-govt-faces-setbacks-enforcing-compliance-eiti-database.html

 

Corporate governance bar must be raised (Opinion).  “Voluntary adoption of ethical and transparent business practices alongside a lighter regulatory environment, are called for”

Chandrajit Banerjee/Business Line: https://www.thehindubusinessline.com/opinion/corporate-governance-bar-must-be-raised/article30935067.ece?utm_source=taboola

Popular posts from this blog

Middle East & North Africa - Ukraine - Sri Lanka

-
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-...
Read more

The Pacific - Nepal - Eastern Europe & Central Asia

-
[Blog] How are perceptions of corruption in seven small Pacific countries? Larger Pacific Island neighbors are often garnering the lion's share of attention both from researchers and policy makers. How are the experiences of corruption in countries like Tuvalu, Tokelau, Niue, the Republic of the Marshall Islands (RMI), The Cook Islands, Palau, and Nauru? DevPolicy Blog: https://devpolicy.org/perceptions-of-corruption-in-seven-small-pacific-island-countries-20230223/   [Opinion] Two decades of new anti-corruption law in Nepal: Why it missed its mark. According to a Nepalese journalist, the Anti-Corruption law and Prevention of Corruption act of 2002 laid the foundation for numerous investigations, scandals, and court cases. To a large extent, they did however fail to enable significant conviction and return of assets. Online Khabar: https://english.onlinekhabar.com/anti-corruption-law-missing-target.html   [Blog] Growing security risks and authorit...
Read more

Global - Sub-Saharan Africa - Turkey & Syria

-
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...
Read more