I worked for a year at a think-tank, looking at military corruption and military-run business. As such, stories like this one leap out at me. Today is the UN's International Anti-Corruption Day. Corruption adds up. $1 trillion is estimated to be spent each year worldwide on bribes, by firms and ordinary individuals. Christian Aid has issued a report on what the UK could do.
This would include:
- full compliance with the OECD's Anti-Bribery Convention,
- full implementation of the UN Convention Against Corruption (UNCAC),
- more resources to investigate and prosecute domestic firms accused of bribery overseas,
- the return of the billions in stolen foreign assets held in British banks,
- the freezing of assets of people in the UK, including foreigners, who are under investigation for corruption.