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.
May 14, 2020On February 28, 2020, Bob Rijkers, senior economist [note] https://www.worldbank.org/en/news/video/2020/03/03/elite-capture-of-foreign-aid accessed on May 14, 2020, [/note] at the World Bank, presented the results of a Policy Research Working Paper on “Elite Capture of Foreign Aid: Evidence from Offshore Bank Accounts.”You may watch the 51 minutes video presentation followed...
Technical StaffMay 11, 2020On February 19, 2020, the World Bank published a working paper, entitled ‘Elite Capture of Foreign Aid,’ [note] Andersen, J., Johannesen, N. and Rijkers, B., 2020. Elite Capture Of Foreign Aid: Evidence From Offshore Bank Accounts. [online] Documents.worldbank.org. Available at: <http://documents.worldbank.org/curated/en/493201582052636710/pdf/Elite-Capture-of-Foreign-Aid-Evidence-from-Offshore-Bank-Accounts.pdf> [Accessed 11 May 2020]. [/note] where the authors...
May 5, 2020Ernst & Young (EY) faces difficult times where its audit for specific clients are under investigation by the UK watchdog and other regulators. The following are limited relevant news that forms developing stories. May 4, 2020Watchdog investigates EY audit of scandal-hit NMC HealthMove piles further pressure on EY,...
April 30, 2020Technical StaffSince last December, the fraud and corruption red flags came out loud and clear. Since then, news reports say that many UAE banks are exposed to more than USD 4.2 billion due to suspected fraud at this healthcare provider conglomerate. On March 2, 2020, the Guardian newspaper...
April 22, 2020Last Friday, April 17, 2020, was an exceptional day for Amjad Rihan, whistleblowing advocacy, and the fight against corruption. Mr. Rihan spoke out to the Guardian on February 25, 2014, and stated clearly his findings. February 25, 2014 “Amjad Rihan was made one of Ernst & Young’s youngest...
April 5, 2020Technical staffThe Coronavirus pandemic is unprecedented in human history. Therefore, its implications on the fight against corruption shall be unusual as well. Unfortunately, the ultimate price of corruption under the era of Corona is expressed in terms of people’s lives. When the Red Cross fought the Ebola disease,...
March 30, 2020Technical StaffResponding to the Coronavirus pandemic and effectively from April 1, 2020, we deliver the online CACM Review Course and Exam via our strategic partners worldwide. If you want to access the online videos of the course, you may contact one of our strategic partners or the Exam Unit...
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