Tag: fraud

China’s gloomy future

China’s increasing financial and economic assertiveness suggests its star is only set to rise on the world stage and that has prompted some major swagger on the part of its leaders. Swagger the nation’s long-term view doesn’t warrant. Commentary by John Robson.

Carbon credits and fraud: indifference keeps this pair keen

(September 29, 2011) This opinion piece by Viv Forbes of Australia’s Carbon Sense Coalition gets to the heart of the carbon market dilemma and its intrinsic vulnerability to fraud: essentially, no one cares. The carbon credit buyer wants “the bit of paper which allows him to keep operating” and the seller “just wants the money,” and anyone who should be monitoring for scammers doesn’t want to look too closely: they want the money, too.

Foreign aid takes another blow–this time in Australia

(March 3, 2010) Criticism of the high salaries being offered to contractors working with AusAID, Austrialia’s national aid agency, is the latest example of the increased scrutiny facing aid agencies around the world. The criticism comes after a recent audit showed that a number of aid workers are earning more money than the country’s Prime Minister. And they’re doing so tax-free.

Thinking outside the foreign aid box

(December 18, 2009) Foreign aid is facing more criticism this time from an official at the United Nations Millennium Campaign. According to a recent report in the Guardian UK, Sylvia Mwichuli, the UN millennium campaign communications coordinator, told an audience attending a media workshop that governments in Africa must look for different ways to finance their national budgets, rather than relying on foreign aid.

Aid’s corrupting influence in Afghanistan should be considered

(November 20, 2009) A recent article from Canwest details the sharpening criticism facing Afghanistan President Hamid Karzai from foreign leaders, including U.S. President Barack Obama, British Prime Minister Gordon Brown and Prime Minister Stephen Harper, concerning the country rampant corruption. But the article does little to confront the ugly reality that the massive amount of foreign aid entering Afghanistan may be playing a crucial role in supporting rampant corruption.