Corruption

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Detained Saudi princes offered freedom deals

Detained Saudi princes offered freedom deals

Saudi authorities are negotiating settlements with princes and businessmen held over allegations of corruption, offering deals for the detainees to pay for their freedom. The Saudi government is looking to appropriate as much as 70% of …

Putin: laws must be based on reality

Putin: laws must be based on reality

Russian President Vladimir Putin met with members of the Council of Legislators in the Tauride Palace in St. Petersburg. Putin has endorsed the initiative to continue the fight against corruption, but emphasized …

Russia outlines its goals at APEC summit

Russia outlines its goals at APEC summit

Strengthening of trade cooperation, the fight against terrorism and corruption, as well as strengthening of energy security - these are the main goals that Russia hopes to accomplish at the APEC summit, Kremlin foreign policy aide Yuri …

Lagarde: bribery eats up 2% of gross domestic product

Lagarde: bribery eats up 2% of gross domestic product

Governments must step up their fight against corruption or face damaging economic and social consequences that risks tipping more countries into crisis, the head of the International Monetary Fund (IMF) Christine Lagarde has …

Russia moves 17 places up in corruption global ranking

Russia moves 17 places up in corruption global ranking

Transparency International has published the annual index of corruption in different countries. Russia improved its position in 2015, scoring 29 points (27 in 2014), and ranked 119th place (136th in 2014). Denmark took the top spot with …

US investigating corruption involving UN officials

US investigating corruption involving UN officials

The US authorities are investigating an alleged bribery scheme involving payments to officials at the United Nations to gain support for real-estate development in Macau. According to the Wall Street Journal, the investigation may be …

Russia breaks record for bribery due to crisis

Russia breaks record for bribery due to crisis

All-Russian anti-corruption public organization Clean Hands has published a report according to which the annual average amount of bribes in Russia grew by 200% - from 218 to 613 thousand rubles. The author of the …