(August 11, 2004) Rampant corruption has paralyzed private businesses and is hampering economic growth in Cambodia, the World Bank said Thursday in a damning report about the country’s bribe-ridden investment climate.
Iraq: UN panel says oil-for-food probe to take much longer than expected
(August 10, 2004) The head of an independent panel investigating corruption in the United Nations’ "oil-for-food" program for Iraq says it may take another year to produce its main findings.
The Lesotho Highlands Water Project: bribery on a massive scale
(August 8, 2004) Many of the legal aspects of corruption have now been thoroughly and recently tested in the Lesotho courts, challenging the ways in which corruption is detected and punished in different parts of the world.
The World Bank gives graft another go in 2008
(August 7, 2004) Evidence of corruption in Bank-funded projects should raise red flags instead of more greenbacks but a year in to his tenure as World Bank president, Robert Zoellick has yet to put the brakes on a single loan, a recent Wall Street Journal article notes.
World Bank to demand greater transparency in oil loans
(August 6, 2004) To prevent corrupt regimes from siphoning revenue from extractive industries, the World Bank will now require resource companies and countries to disclose their revenues from oil-related projects.
The boom that only oils the wheels of corruption
(August 5, 2004) The new wealth from oil development in sub-Saharan Africa has been used almost exclusively for the enrichment of political leaders, and as a consequence most of the population remains poor and unprotected.
Fight against corruption is a thankless battle – Kamazima
(August 4, 2004) The fight against corruption is a thankless battle, observed Southern Africa Forum Against Corruption (SAFAC) out-going chairman Major General Anatory Kamazima yesterday.
Fight against corruption a thankless battle, Kamazima
(August 4, 2004) The fight against corruption is a thankless job, said Major General Anatory Kamazima, the outgoing chairman of the Southern Africa Forum Against Corruption (SAFAC). Major General Kamazima said the irony of fighting corruption was that very few in the upper echelon of society supported the battle. Without strong political will, he said, anti-corruption agencies would not succeed alone.
Street seeks to advise Iraq
(August 2, 2004) Some send emissaries in secret, some host seminars, all seek a relationship.
Lesotho remains firm against corruption despite lack of funding help from EU or World Bank
(August 2, 2004) Various promises of assistance made but little follow-through, especially from countries whose companies were involved in the criminal proceedings.
Total debt forgiveness or default the only options for Africa
(August 2, 2004) Sub-Saharan Africa now owes $201 billion in international debts. Africa will not develop with these unending obstacles and more aid, and therefore debt and interest obligations, are exacerbating the problem.
U.S. Senate corruption inquiry demands tougher measures to stop misuse of development funds
(August 2, 2004) The American Treasury Department is being prodded into more effective action over fraud and corruption in the use of money voted for foreign assistance programs and funding institutions such as the World Bank.
Minister spells out IMF, World Bank terms
(August 1, 2002) There are three outstanding conditions set by the Bretton Woods institutions which the Government is yet to fulfil for the resumption of aid , Finance Assistant Minister David Kirui said.
Cost of corruption is $1 trillion: WB
(August 1, 2004) Contrary to common perception, corruption is rampant not only in developing but also in developed countries, with more than one trillion dollars being paid in bribes each year across the globe, according to the World Bank.
Corruption: Canada backs firm banned by World Bank
(July 30, 2004) It is business as usual between Canadian government agencies and a local company barred from World Bank contracts after being convicted of bribery in Africa.
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