Articles

Letter to the Ministers of Finance and Governors of Central Banks meeting in Washington D.C. on April 20, 2012 in the forum of the International Monetary and Financial Committee

3 April 2012. Your Excellencies, We commend the G20 for acknowledging that a severe lack of integrity, transparency and accountability contributed to the global financial and economic crisis in 2008. Ongoing investigations of conflicts of interest between regulators and financial…

SERAP wants US to establish process to share compensation for foreign bribery

18 March 2012. Socio-Economic Rights and Accountability Project (SERAP) has sent a request to the US Securities and Exchange Commission (SEC) urging it to “establish an efficient case-by-case process for the payment of some or all of US Foreign Corrupt…

Global Witness welcomes £8.75m fine against Coutt's for corruption failings

27 March 2012. Global Witness welcomes news that the British regulator, the Financial Services Authority (FSA), has fined Coutts bank for failing to do enough to prevent corrupt funds from flowing through its accounts. “This fine is an indicator that…

UNCAC Coalition opposes UNESCO's adoption of the Equatorial Guinea Prize

12 March 2012. The UNCAC Coalition, composed of more than 300 civil society organisations committed to fighting corruption and promoting human rights worldwide, strongly opposes the decision made on Friday, 9 March 2012 by the members of UNESCO’s Executive Board…

£10m house in expensive London suburb recovered by Libya

9 March 2012. Global Witness welcomes today’s successful recovery by Libya of a £10 million London house, previously belonging to Colonel Gaddafi’s son, Saadi Gaddafi. The High Court in London ruled that the property, in the up-market London suburb of…

UNESCO: Eliminate Obiang Prize

Paris, 27 February 2012. Critics Oppose His Proposal to Rename Award UNESCO’s governing executive board should abolish a prize named after and funded by President Teodoro Obiang Nguema Mbasogo of Equatorial Guinea at its upcoming meeting, seven civil society groups…

Alstom debarred by the World Bank for bribing Zambian officials

Paris, 24 February 2012. SHERPA calls on for compensation to be made to Zambia French company Alstom, who was condemned last November in Switzerland to pay a €42 million fine for having bribed foreign officials to win commercial contracts in…

SERAP gets court permission to seek documents on recovered stolen funds

8 February 2012. Socio-Economic Rights and Accountability Project (SERAP) has received court approval to compel the federal government to disclose information and documents on the spending of recovered stolen funds since the return of civilian rule in 1999. The order…

Civil society submission to G20 anti-corruption working group

8 February 2012. Joel Salas Head of the Unit for Transparency Policies and International Cooperation Ministry of Public Function Mexico Paul Kett Director Justice Reform Ministry of Justice United Kingdom Civil Society Submission to the G20 Anti-Corruption Working Group Dear…

Proposals to Amend US Foreign Bribery Law Could Significantly Undermine Human Rights, Commerce, US Standing in the World

Washington, DC, 12 January 2012. Broad Coalition of 33 Civil Society and Socially Responsible Investment Leaders Call on Congress to Refrain from Introducing Legislation Amending FCPA Earlier today more than 30 civil society and business groups, including human rights and…