Legalised business corruption – It is wrong and must end

Filed under - Private sector

Speech by Frank Vogl, 20 May 2016 – Partnering Against Corruption Initiative (PACI) Spring Community Meeting, at the World Bank, Washington DC, USA
Image of speaker/author

Ladies and gentlemen I am delighted to have this opportunity to meet with you. Transparency International and PACI have partnered for many years and together we have worked to demonstrate that constructive engagement between civil society and business can yield positive results on the stage of anticorruption.

I also appreciate the invitation to meet with both the team from the World Economic Forum and with the World Bank’s Integrity Vice President, Leonard McCarthy. He leads the INT group at the Bank, which is making an exceptional contribution to economic development.

Every time a bribe is extorted, the self respect and dignity of an individual is affronted. The persistent extortion of bribes, which prevails in many countries, has robbed millions of people, or threatens to rob millions of people, of their dignity. Corruption is, above all else, an issue of human rights.

Across the world, Transparency International is driven by individuals of great courage, professionalism and patriotism, who seek more decent lives for their fellow citizens. At the core of their approach is to seek whenever possible constructive dialogue with government and business to build a world free of corruption.

Attachments

Country / Territory - International   
Region - Global   
Language(s) - English   
Topic - Accountability   |   Civil society   |   Intergovernmental bodies   |   Politics and government   |   Private sector   
Tags - corporate accountability   |   Frank Vogl   |   Panama Papers   |   Public trust   

Related news

29
Mar
2019

Call for papers: the Global Asset Registry workshop – Paris, July 1-2

ICRICT, the World Inequality Lab project, Tax Justice Network, and Transparency International are co-hosting a workshop to develop the framework for ...

7
Mar
2019

Troika Laundromat signals a different kind of financial crisis

The Troika Laundromat investigation shines a spotlight on a cast of new and familiar characters in the ongoing saga surrounding flows of dirty ...

4
Mar
2019

Troika Laundromat revelations make the case for tougher supervision of Europe’s banking sector

The Troika Laundromat revelations published today by the Organized Crime and Corruption Reporting Project (OCCRP) and partner media outlets reveal ...

Related publications

Publication cover image

Avoiding Corruption in Large Scale Land-Based Investments in Sub-Saharan Africa

This report presents findings on corruption in large scale land-based investments (LSLBIs) in Sub-Saharan Africa, and although it draws on case ...

Report published – Apr 2019

Publication cover image

Better Blending: Making the Case for Transparency and Accountability in Blended Finance

As available resources for official development assistance have come under strain in the past ten years, blended finance has been hailed as a means ...

Working paper published – Dec 2018