(October 27, 2004) Foreign consultants like Acres International, convicted of bribery, should act as an eye opener that such firms are self-interested and not committed to developing the Third World, says environmental activist.
Debt relief difficult with TI report – DMO
(October 24, 2004) The recently released Transparency International report, which ranked Nigeria the world’s third most corrupt nation, will make it difficult for the country to secure debt relief from creditors, Nigeria’s Debt Management Office has said.
Ethiopia sees some debt cancelled
(October 24, 2004) The Paris Club of rich lending nations has agreed to cancel $758 million of Ethiopian debt to help end poverty and promote growth in the country.
Editorial: Debt relief [Philippines]
(October 24, 2004) Business leaders, with their international credibility and business reputation, are in a much better position than government ministers to make the case for debt renegotiation in the Philippines.
Iraq oil-for-food scandal hurting UN, says Annan
(October 23, 2004) UN Secretary General Kofi Annan said the scandal around UN-supervised Iraqi oil sales under Saddam Hussein was hurting the image of the United Nations, as an independent body probing the program named 4,734 participating companies.
Fighting corruption alone
(October 22, 2004) The World Bank’s long, drawn-out and half-hearted response to the conviction of a Canadian company for bribery on a Bank-funded project in southern Africa suggests that developing countries, when they do get serious about corruption, are on their own.
Nigeria slams corruption ranking
(October 21, 2004) Nigeria has strongly criticised a survey which ranks it as the most corrupt country in Africa saying it is “fundamentally flawed”.
Survey says corruption rampant across globe
(October 21, 2004) Watchdog warns that graft is crippling the battle against poverty.
Nigeria refutes global corruption watchdog’s report
(October 21, 2004) The Nigerian government on Thursday refuted Transparency International’s (TI) annual report, describing it as “fundamentally flawed, irrelevant and of little use to reforming countries or those interested in a genuine war against corruption.”
Study says big oil adding to corruption
(October 21, 2004) Most oil-rich countries are burdened by corruption and oil companies contribute to the problem by not publishing information on payments made to governments and state-owned oil companies, according to Transparency International.
Pinochet’s secret millions tarnish his image
(October 19, 2004) Former dictator Augusto Pinochet, admired by a quarter of Chileans, lost credibility even among his strongest supporters after the discovery of secret offshore accounts holding up to US$8 million, an opinion poll revealed.
World Bank urges leaders on values
(October 18, 2004) African governance has been "polluted by western intrusion," James Wolfensohn, the head of the World Bank, said on Friday.
Former oil-for-food chief may be charged
(October 18, 2004) American prosecutors are considering charges against Benon Sevan, the former head of the U.N. oil-for-food program, who has been accused of accepting millions of dollars in kickbacks from Saddam Hussein’s regime.
Corruption running rampant in new state institutions
(October 15, 2004) Corruption is reportedly running rampant in the new Iraqi government, according to Judge Radi al-Radi, who heads the Commission on Public Integrity established by the Coalition Provisional Authority to monitor corruption.
Carlyle pulls out of Iraq debt recovery consortium
(October 15, 2004) The Carlyle Group, a large investment firm linked to US and British politicians, has pulled out of a scheme to recover billions of dollars from Iraq, after documents came to light detailing the secret proposals of a consortium with which it was involved.
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