Hilliary Clinton’s 3.00am Call in the White House is a classic, then there’s Jeremy Corbyn being called “A threat to National Security” by the Conservatives, whose real fear is the emergence of Corbyn as the Opposition Leader.
Try to withdraw or deposit a five-figure amount in cash or attempt a perfectly legitimate wire transfer in or out of your bank account. Sounds easy. Not these days. If the size or nature of that particular transaction does not meet the secretive parameters and risk limits set by some over-zealous compliance team, you […]
Yesterday the World Bank committed to examining ways to collect and publish information about the real owners of companies (also called “beneficial owners”) participating in Bank-financed contracts. We welcome the Bank’s leadership as the impact of its new procurement policy stands to affect a portfolio of about US $42 billion invested in more than 1,800 […]
Since the financial crisis, we have heard a lot about the revenue governments lose to tax avoidance and evasion, but what about the losses resulting from corruption of governments’ procurement processes? Around the world governments spend $9.5 trillion each year on public works, goods and services. It should be no surprise that fraudsters, and the […]