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Entries in World Bank (81)

Wednesday
Apr222015

The BOTA Foundation explained (Part Nine): How effective was BOTA?

The BOTA Foundation surpassed most of the expectations that its founders had for it. BOTA was able to efficiently and effectively return more than $115 million (the original $84 million associated with corruption plus accrued interest frozen Pictet and Cie Swiss bank account) to poor children, youth and their families. 

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Monday
Apr202015

The BOTA Foundation explained (Part Seven): BOTA's Conditional Cash Transfer Program

The background of BOTA Foundation was explored in previous posts. Starting with this post I would like to explain what BOTA actually did in its five and a half years of operation.

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Wednesday
Apr152015

The BOTA Foundation explained (Part Six): How was BOTA set up?

BOTA was the first foundation ever established as a result of an FCPA case, and the question explored in this post is how it was set up.

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Friday
Apr102015

World Bank Program: Tax Evasion and Financing for Development -- Strengthening Global Action

Image courtesy of the World Bank GroupOn Friday April 17, the World Bank Group will host a program that discusses the importance of strengthening global action to reduce and deter tax evasion. You can attend the program in person by registering here, or stream the event online here.

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Monday
Apr062015

The BOTA Foundation explained (Part One): Why focus on BOTA?

The failed FCPA prosecution against James Giffen has been discussed extensively on the FCPA Blog and elsewhere. So has the BOTA Foundation, which was established in 2008 as a direct result of the Giffen case.

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Thursday
Apr022015

China-backed international development bank confronts graft worries

Chinese President Xi Jinping (C, front) meets with representatives of 21 Asian countries at the founding of the Asian Infrastructure Investment Bank (AIIB) in Beijing on Oct. 24, 2014. (Image courtesy of Xinhua/Huang Jingwen)News leaked a couple of years ago that China was promoting establishment of the Asian Infrastructure Investment Bank. The AIIB will compete for project funding against the IMF, World Bank, and Asia Development Bank, all seen as being under the thumb of the U.S., Europe, and Japan.

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Thursday
Feb192015

Canada charges SNC-Lavalin for Libya bribes

Robert Card, the President & CEO of SNC-LavalinCanadian engineering and construction giant SNC-Lavalin said Thursday the company and two subsidiaries have been charged with criminal corruption and fraud.

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Friday
Jan232015

Jobs: World Bank Group Sanctions Board seeks applicants for several positions

The World Bank Group Sanctions Board is the final decision maker in contested cases of sanctionable practices in World Bank Group-financed development operations -- primarily fraud, corruption, and collusion. Current members of the Sanctions Board include top international arbitrators, high court justices, and other leading jurists and development experts from around the world.

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Tuesday
Dec162014

So, you want to blog about corruption.....

Last week, we participated in a panel discussion at the World Bank, titled “Voice of Corruption Hunters in Social Media.” The panel was part of the World Bank’s International Corruption Hunters Alliance (ICHA) Conference and served as an opportunity for several of us in the communication and academic worlds to discuss the importance of social media for sharing anti-corruption ideas and strategies.

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Monday
Dec152014

‘Victim’ SNC-Lavalin collects $13 million in recovered funds

Canada's biggest engineering and construction firm is recovering more than $13 million, claiming it was a victim of alleged bribes paid to the son of former Libyan dictator Moammar Gadhafi.

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