Posts

Can we put an end to corruption?

The South African government recently announced its national anti-corruption strategy (NACS), that is aimed at tackling corruption in the public and private sectors, civil society, and citizen sector, as well as looking forward to other forms of corruption that could arise in the future – for example, cybercrime as a result of the evolution of Read more >

Money laundering and related crimes – info centre

Money laundering and illicit financial flows are two related, but distinct types of corruption that pose a huge threat to development and political and economic stability around the world. Developing countries are especially hard hit. The two are closely linked to the concept of beneficial ownership, which is a term referring to the true owner Read more >

Civil society victory as Alderman steps down

Corruption Watch, with five other organisations, last week wrote an open letter to the Organisation for Economic Co-operation and Development (OECD) to express disappointment that Richard Alderman would sit on the high-level advisory panel reviewing OECD efforts on bribery. Their voices did not go unheard – the Financial Times reports today that Alderman, a former Read more >

Getting to the root of foreign bribery

“In order to fight corruption and win, we have to know our enemy,” reads the introduction to the Organisation for Economic Co-operation and Development's (OECD) inaugural report on foreign bribery, released on 2 December. “Until now, there have been very few successful attempts to measure this complex and covert crime. We have been fighting in Read more >

Planning for OECD phase 4 is under way

Phase 4 monitoring of the implementation of the Organisation for Economic Co-operation and Development's (OECD) anti-bribery convention will soon get under way. The fourth phase, driven by the working group on bribery (WGB), is currently in the planning stage – the WGB recently called for comment from interested organisations, institutions and parties on how the Read more >

Little effort by SA to prosecute acts of foreign bribery

By Valencia Talane South Africa is not doing enough to bring to book individuals and companies linked to acts of bribery involving foreign companies and governments. Furthermore, the country’s “political and economic considerations” are thought to be contributing to this worrying state of affairs. This was recently revealed by the Organisation for Economic Co-operation and Read more >