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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

World Bank helps lead global shift to clean development

The private sector has long been a critical partner for the World Bank Group, providing necessary goods and services to countries in need while stimulating economies by creating new jobs.

Business has benefited from World Bank Group-financed contracts and the enhanced image and credibility that come from working on projects that help the greater good.

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More details coming about UK deferred prosecution agreements

The UK Solicitor General is publishing a Draft Code for Crown Prosecutors Thursday that’s expected to contain further details about deferred prosecution agreements in the UK.

When the legislation comes into effect — most probably in early 2014 — it’s likely to increase the likelihood of global settlements in multi-jurisdictional cases involving fraud, corruption, or money laundering.… Continue Reading

World Bank Debars Oxford University Press

The World Bank Group said Tuesday it debarred two wholly-owned subsidiaries of Oxford University Press for three years for misconduct in East Africa.

‘The two companies made improper payments to government officials for two contracts to supply text books in relation to two World Bank-financed projects,’ the World Bank said.… Continue Reading

$4 Billion Lost To Corruption In Southern Sudan

Graphic courtesy of WikipediaAfrica’s youngest nation, the Republic of Southern Sudan, has lost more than $4 billion due to public sector corruption.

The country’s first and current president, Salva Kiir, sent a letter to 75  current and former government officials, accusing them of embezzling the money from state coffers.Continue Reading

Macmillan In £11 million U.K. Civil Settlement

Macmillan Publishers Limited, which last year acknowledged attempts to bribe World Bank employees to win book sales in Africa, will pay £11 million in a negotiated civil settlement announced today with the Serious Fraud Office.… Continue Reading

Sorry For The Harm

The World Bank last week debarred a U.K subsidiary of Macmillan Publishers for six years (reviewable after three years) after the parent company self-reported to the bank corrupt payments to public officials in Sudan.… Continue Reading