External audits for budget credibility / Malaysia Najib 1MDB appeal / Mongolia newly implemented law

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Upholding commitments: How supreme audit institutions can strengthen budget credibility through external audits (Brief).  “Lack of budget credibility undermines public trust in institutions and jeopardizes the integrity of public funds, increasing corruption risks…The aim of this paper is to take stock of how external audits are currently analyzing issues of budget credibility and to identify trends, gaps, opportunities and challenges to further advance budget assessments along this line. The review is based on 80 audit reports from 20 [Supreme Audit Institutions across regions.”

Aránzazu Guillán Montero/International Budget Partnership: https://www.internationalbudget.org/publications/upholding-commitments-how-supreme-audit-institutions-can-strengthen-budget-credibility-through-external-audits/  

 

Malaysia’s Najib appeals 1MDB-linked corruption conviction.  “A Malaysian court has begun hearing a bid by former Prime Minister Najib Razak to overturn his conviction on corruption charges, in a case linked to the looting of the 1MDB state investment fund.”

Aljazeera: https://www.aljazeera.com/news/2021/4/5/malaysias-najib-appeals-1mdb-linked-corruption-conviction  

 

Newly Implemented Law Gives Mongolians Visibility Into State Mining Companies. “Mongolian citizens now have unprecedented visibility into the financial performance of the top mining companies; they can learn about who buys from the companies, who the companies’ biggest suppliers are, and the sheer size and variety of SOEs.”

Dorjdari Namkhaijantsan/Natural Resource Governance Institute: https://resourcegovernance.org/blog/newly-implemented-law-gives-mongolians-visibility-state-mining-companies   

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