Company ownership transparency appeal / India activist wins US award / World Bank debars firm

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Hundreds of academics, civil society groups and business leaders join call for UN General Assembly to end anonymous shell companies.  “Transparency International...submitted an appeal to the UN General Assembly from more than 700 signatories calling for a new global standard for transparency in company ownership. The appeal comes ahead of the UN General Assembly Special Session Against Corruption, UNGASS 2021, scheduled for June. It asks that UNGASS 2021 commits all countries to set up national, public registers of companies, disclosing the real individuals who own, control or benefit from them.”

Transparency International: https://www.transparency.org/en/press/ungass-2021-hundreds-join-petition-to-end-anonymous-shell-companies  

 

Anjali Bharadwaj among 12 people named by Biden admin for newly-instituted anti-corruption award.  “Anjali Bharadwaj, an Indian social activist working on issues of transparency and accountability, is…named by the Biden administration for the newly-instituted International Anti-Corruption Champions Award. According to the State Department…[she] has served as an active member of the Right to Information Movement in India for over two decades.”

The Hindu: https://www.thehindu.com/news/international/anjali-bharadwaj-among-12-people-named-by-biden-admin-for-newly-instituted-anti-corruption-award/article33924806.ece  

 

World Bank Group Debars Ferrostaal Oil & Gas GmbH.  “[Ferrostaal Oil & Gas GmbH] assisted a company by acting as the company’s local Myanmar partner and agent to prepare a bid for a contract under the project. FSOG’s local representative and managing director of its Myanmar branch instructed the company not to disclose the agreed commission to be paid to FSOG in the initial bid and did not correct this omission in a later amendment to the contract.”

World Bank: https://www.worldbank.org/en/news/press-release/2021/02/24/world-bank-group-debars-ferrostaal-oil-gas-gmbh   

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