Indonesia business bribery report / Republic of Korea Samsung case / UNODC Anti-Corruption Newsletter

-

Paying bribes in Indonesia (Blog and Report).  “Overall, some 33.2% of firms report that they have been asked to pay fees outside the official requirements… But responses vary significantly by industry. The highest proportions…are found in the extractive industries…and in constructions…while the lowest proporation of firms is in the financial sector.”

Direct link to report: https://www.newmandala.org/wp-content/uploads/2021/01/Paying-bribes-in-Indonesia_formatted.pdf

Paul Kenny and Eve Warbuton/New Mandala: https://www.newmandala.org/paying-bribes-in-indonesia/  

 

Bottom line: Samsung boss jailing doesn’t matter (Opinion).  “It’s back to jail for Samsung heir Lee Jae-yong after a Seoul appellate court sentenced him to two and a half years in prison in the climax of the retrial of a seismic bribery case...However, the verdict is not expected to damage the electronics giant’s performance significantly, if at all. Experts note that the last time Lee was incarcerated, the company saw its stock and profits hit record highs.”

Andrew Salmon/Asia Times: https://asiatimes.com/2021/01/bottom-line-samsung-boss-jailing-doesnt-matter/  

 

UNODC Southeast Asia Anti-Corruption Newsletter: October-December 2020.  Follow UNODC’s work over the past quarter, ranging from raising awareness on the nexus of gender and corruption in Myanmar, a regional study on the utilization of data analytics to prevent corruption and fraud in Southeast Asia, and advancing criminal justice response to corruption in Viet Nam.

UNODC: https://mailchi.mp/6570bf4acaea/unodc-corruption-newsletter-3597036  

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