The UK Serious Fraud Office said Wednesday it has closed its 18-month criminal investigation into Soma Oil & Gas and allegations of corruption in Somalia.
Entries in Somalia (14)
Last year, 17,958 people were killed in terrorist attacks, 61% more than the previous year. More than 80% of all deaths from terrorist attacks occurred in five of the world's most corrupt countries -- Iraq, Afghanistan, Pakistan, Nigeria, and Syria.
It is that time of the year again. Transparency International released its 2013 Corruption Perceptions Index (CPI) today. The CPI, which is the most widely used indicator of corruption worldwide, measures the perceptions of public sector corruption. It uses data from international surveys that look at factors such as accountability of national and local governments, effective enforcement of anti-corruption laws, access to government information, and abuse of government ethics and conflict of interest rules.
Since 2005, over $400 million has been paid in ransoms to pirates who’ve hijacked ships in the Indian Ocean. The World Bank, INTERPOL, and the UN Office on Drugs and Crime have followed the money to find out who gets it, how it's distributed and moved, where it's invested, and how the illegal money flows can be stopped.
Despite spending $96 billion in reconstruction aid in Afghanistan since the U.S.-led invasion 12 years ago, the U.S. State Department still isn't measuring anti-corruption efforts there.
As part of the reforms by President Thein Sein to open up Myanmar after decades of economic isolation, the parliament has approved a new foreign investment law.
Not everyone agrees that aid creates poverty. But we thought of the aid-to-poverty cycle this week.
A post on the Risk Management Monitor last week by Christine Kane talked about the most dangerous countries for expats to work in.
More than half the journalists murdered in the line of duty were working to expose corruption.
War is not only hell, it's corrupt too. Of the bottom ten countries on Transparency International's 2010 Corruption Perception Index, six have active wars, insurrections, or major civil disturbances.