Misinvoiced trade in five African countries cost their governments billions of dollars in tax revenue and facilitated at least 60.8 billion dollars in illicit financial flows from 2002 to 2011, says a new report by Global Financial Integrity (GFI), a research advocacy organisation here.
U.S. foreign aid is becoming increasingly outdated, analysts here are suggesting.
Malawi's President Joyce Banda is campaigning ahead of next month's elections to extend her term of office. But many believe that the massive public service corruption scandal here has weakened her chances of winning.
Street demonstrations in the Thai capital reflect the disillusionment of growing middle classes across Asia that see multi-party democracy as a playground for the corrupt rather than a process that elects lawmakers to serve society and the nation.
The recent collapse of the British Serious Fraud Office court case against Victor Dahdaleh has left the Bahraini prime minister’s reputation for corruption intact.
A few hours before a human chain was to surround the Paraguayan Congress on Thursday, Senator Víctor Bogado, accused of fraud and misuse of public funds, was stripped of his parliamentary immunity from prosecution.
External interference in the awarding of tertiary scholarships in Pacific Island nations such as the Solomon Islands is denying some of the highest achievers among the young an opportunity to contribute to the future of their country and the region.
A nationwide enquiry into illegal mining in India was aborted before it completed its investigation into the failings of the country’s mining industry. The study had prompted the government to ban mining in two states and arrest high-ranking politicians.
As India grapples with rising prices and a rapidly sinking rupee, attention has turned to the country's massive parallel economy that siphons wealth away from development programmes and into the pockets of a corrupt ruling elite.
Under the reformist leadership of President Benigno Aquino III who has placed “good governance” initiatives at the heart of his administration’s agenda, the Philippines has enjoyed an unprecedented period of economic revival and political stability.
Street protests are snowballing in Romania against a Canadian-led gold mining project in the Rosia Montana area in the Apuseni Mountains. More than 20,000 people joined a protest march in Bucharest on Sunday, and thousands in other Romanian cities took to the streets.
The threat to the stability of the Hamid Karzai government in Afghanistan arises not so much from outside as from within. And the one thing that is eating into its edifice is the malaise called corruption.
Human rights defenders and members of the opposition in Honduras see a new elite military unit created to engage in policing as a drastic setback for the demilitarisation efforts that began two decades ago.
An Iranian entrepreneur who is the subject of U.S. and EU sanctions for laundering oil money on behalf of Tehran is operating a successful family of businesses in Tajikistan.
The corruption scandal enveloping the governing conservative People's Party in Spain and its leader, Prime Minister Mariano Rajoy, calls into question the funding model for political parties and points towards the need for strict controls, experts say.