Will we ever stamp out fraud?
An entertaining history of financial crime that reveals why we’re still suckers for a scam Source: https://www.ft.com/content/cc3eb8f0-88f1-11e8-b18d-0181731a0340
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.
An entertaining history of financial crime that reveals why we’re still suckers for a scam Source: https://www.ft.com/content/cc3eb8f0-88f1-11e8-b18d-0181731a0340
By Ryan Bourne This article appeared in UK Telegraph on May 17, 2018. “Yet this makes little sense from a practical perspective today. The American Anti-Corruption Institute (AACI) has rightly pointed out that legal betting markets are likely to be much less prone to game-fixing, not least because legal bookmakers themselves have incentives...
Recognizing the English language is a significant obstacle in raising the anti-corruption awareness in the Arab countries, The AACI decided to unleash its potential by launching the corruption prevention podcast series in Arabic. They are bi-weekly episodes hosted by Mr. Mike J. Masoud, the senior director in the Middle East...
Tempe, December 1, 2017 Technical Staff This publication was originally issued as a part of The AACI series of anti-corruption resources made available to our CACM members1. The contents of this publication constitute an integral part of the CACM Review Textbook. It discusses the various definitions of corruption, the primary...
Published on May 24, 2018 By John Owen Nwachukwu The United Nations, UN Secretary-General, Antonio Guterres, has commended Nigeria’s leading role in the fight against corruption in Africa. Guterres made the commendation in his remarks at high-level debate marking the 15th anniversary of the adoption of UN Convention Against Corruption in New York....
By BROOK LARMER, MAY 2, 2018 As the rogues’ gallery of fallen world leaders grows, you might be tempted to conclude that ours is the most corrupt era in history. Early last month, the former South Korean president Park Geun-hye was sentenced to 24 years in prison and fined $17 million for...
MONDAY, APRIL 23, 2018 The International Monetary Fund will systematically address corruption and its impact on economic growth with all its member countries under new guidelines launched on Sunday. The stricter new policy also aims to tackle how rich countries contribute to corruption in the developing world by failing to...
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