Posts cover the costs of corruption of all kinds. Such costs include, but not limited to, those associated with and have negative impacts on the rule of law, public funds, and resources, education, healthcare, poverty, civil society, economic sustainability, foreign direct investment (FDI), interest rate, citizenship, and citizens trust in public institutions.
These posts also cover the negative consequences of corruption on the proper separation of powers (legislative, judicial, and executive), and tax collections.
Technical staffAugust 26, 2021 The government is in charge of fighting corruption in the country. However, to obtain meaningful outcomes, people, civil society, and the media community are required to engage in anti-corruption efforts. We will concentrate on what a government may do to accomplish successful anti-corruption goals in the...
Mike. J. MasoudAugust 22, 2021 The scenes of the chaos at the Kabul International Airport the world watched summed up the U.S. and its allies’ failure in Afghanistan. It is disgraceful, revealing, and costly. But occupation does not have more than one definition in the United Nations. History taught us...
Technical StaffAugust 19, 2021 When was the last time you asked yourself about the likelihood that corruption exists in your organization? Was it a month, six months, one year, or more than one year? But when was the last time the organization’s leadership conducted a corruption risk assessment and responded...
Technical StaffJuly 31, 2021 Corruption has become an integral part of the government’s failure to confront the plague of poverty and a lack of basic health and education services. We are not exaggerating when we claim that corruption is the primary cause of institutional, corporate, and state failure. What is...
Technical StaffJuly 30, 2021 The Committee to Protect Journalists (CPJ) stated that ” Exposing those who abuse power for personal gain is a dangerous activity. Nearly 300 journalists killed for their work since CPJ started keeping records in 1992 covered corruption, either as their primary beat, or one of several.” CPJ published...
Technical StaffJuly 23, 2021 Due to the low audit quality of listed corporations, regulators and watchdogs in many developed nations are closely scrutinizing the public audit profession. For example, The Financial Reporting Council, the UK’s accounting regulator, said “audits performed by the big four accounting firms and smaller rivals failed...
Technical StaffJune 30, 2021 After acknowledging that €1.9 billion ($2.3 billion) allegedly held in trust accounts didn’t exist, Wirecard filed for insolvency in June 2020. It was also discovered to be heavily in debt, and it was accused of falsifying financial accounts for years. As a result, the Bundestag (German...