Posts Tagged: Red Tape
When graft-busting becomes a political weapon, the rule of law grows weaker and corruption generally flourishes. Is that what’s happening in Venezuela? Maybe. For sure the number of high-profile opposition leaders accused of bribery and corruption is growing.… Continue Reading
Former Congressman William J. Jefferson says the cash found in his freezer four years ago proves he didn’t violate the Foreign Corrupt Practices Act. Yesterday Jefferson filed a petition for certiorari to the Supreme Court, asking for review of the Fourth Circuit’s refusal to dismiss most of the corruption-related charges against him.… Continue Reading
The FCPA matters because public corruption and poverty walk hand-in-hand. The point is illustrated too well by conditions in Bangladesh, a perennial basket case in the world economy. Here are some facts:
- Bangladesh ranked 162nd on Transparency International’s 2007 Corruption Perception Index.
The biggest public corruption story on the planet may be Russia — the entire country, where red tape and bribery are scaring away foreign investors and wearing down ordinary citizens. Reform can’t come soon enough, so we’re glad that President Dmitry Medvedev is at least talking about the problem.… Continue Reading
The report published by the United Nations Development Program about public bribery in Asia that we talked about yesterday, Tackling Corruption, Transforming Lives, examines corruption in utilities, the courts, police departments, land offices and hospitals, among others.… Continue Reading
In a tie with Gambia, Togo and Russia, Indonesia ranks 143rd out of 179 on Transparency International’s Corruption Perception Index. That lowly score warns us to expect some world-class silliness when it comes to red tape, which always walks hand-in-hand with corruption.… Continue Reading