We’re talking about the four major laws, or “pillars,” that Brazil enacted on the eve of the 2016 Olympic Games (and 2014 FIFA World Cup) that completely changed Brazil’s anti-corruption landscape.
Entries in procurement fraud (7)
Procurement obviously presents among the highest risks for corruption. Brazil took its rare good fortune of hosting the 2014 FIFA World Cup and 2016 Summer Olympics as an opportunity to evaluate its procurement regime. In so doing, it adopted important reforms; hosting the Olympics thus became a catalyst for positive governance change.
The World Bank’s board of executive directors Tuesday approved "a once-in-a-generation" reform package for procurement in projects financed by the Bank.
In the prior post, I published part of a note from an acquaintance in Belarus who used to work in a medical supply firm. It described a centralized, top-down procurement system susceptible to widespread graft. In this post, he talks about specific buying practices that defeat the rule of law, perpetuate the system, and protect those involved.
Indonesia loses $4 billion every year due to poor procurement practices in the public sector, the Jakarta Globe reported Wednesday, citing a recent study by consultanting firm A.T. Kearney.