The Workd Bank u0027s Anti Corruption Fight Continues

Furthermore, in July 2004, UNODC established an important partnership with the World Bank to work together on issues such as money laundering, terrorist financing, corruption, HIV AIDS and alternative livelihoods.

A typical disaster story disease, corruption, poverty.

Most of it's about murder, corruption, diseases, natural disasters.

And right now, we know that the biggest disease of all is not a disease. It's corruption.

It is equally important to address bank secrecy, which facilitates corruption by providing corrupt dictators with a safe haven for their funds. In August 2001, just before the terrorist attacks on America, the US government vetoed an OECD effort to limit secret bank accounts.

Convened by the Joint United Nations Programme on HIV AIDS, the World Bank and the Global Fund to Fight AIDS, Tuberculosis and Malaria.

But the World Bank would do well to keep four things in mind as it takes up the fight.

A. World Bank 43. The World Bank has been assisting Governments in preventing corruption on various fronts.

Australia also supported various anti corruption initiatives taken by key multilateral organizations, including the Asian Development Bank (ADB) OECD Anti Corruption Initiative for Asia Pacific, the Asia Pacific Economic Cooperation (APEC), the Asia Pacific Secretariat of Transparency International, the World Bank and the World Bank Institute.

Anti corruption 93. A task force established to help develop the Bank s anti corruption programme produced the report Helping countries combat corruption, the role of the World Bank in September 1997.

Also discussed at the meeting were such priority issues as youth unemployment, capacity building, the need to fight corruption and HIV AIDS prevention.

The first patient is in excruciating pain because she has several rotten molars.

In 1995, the office of the general counsel of the Bank finalized a paper on corrupt practices and money laundering in the context of the operations of the Bank.

They welcomed the UNODC initiative to develop a partnership and strengthen the dialogue with various development agencies, such as the World Bank, on the issues of money laundering, the financing of terrorism, corruption, HIV AIDS and sustainable livelihoods.

4.5 As to the allegations of corruption in the District Court, the State party submits that they are unsubstantiated, that the report of the World Bank on corruption is of no relevance and cannot be considered direct evidence of corruption in the District Court of Plock.

For example, recent multifaceted efforts to combat corruption have added to the pressure exerted by the initiatives against bank secrecy.

The IDB, in coordination with the IMF and the World Bank, has also been providing policy based loans and technical assistance for key reforms and for anti corruption initiatives.

Mr. Kone (Burkina Faso) said that terrorism ranked high on the list of the scourges afflicting mankind, along with armed conflict, poverty, HIV AIDS and corruption.

It is designed to assist investigators in overcoming the hurdle of bank secrecy, and to provide for a golden mean between attacking corruption and offering asylum, where appropriate asylum, however, cannot be allowed to facilitate the avoidance of justice in cases of corruption.

There is common agreement to disallow the political offence exception to extradition for corrupt officials, to limit bank secrecy, to take the profits away from corrupt officials through fines, to confiscate illicit proceeds and to encourage citizens participation and the freedom of the press.

Discussion paper for round table on resources to be convened by the Joint United Nations Programme on HIV AIDS, the World Bank and the Global Fund to fight AIDS, Tuberculosis and Malaria

46. In order to guard against corruption in World Bank projects, the World Bank has established procedures for procurement, disbursement, reporting and auditing, on the basis of the principles of economy, efficiency and transparency.

Indeed, among the World Bank s six Governance Indicators, China s scores on the Control of Corruption index have actually slipped in recent years, from 0.20 in 1998 to 0.40 in 2002 and 0.69 in 2005. In 2005, the World Bank ranked China 142nd out of 204 countries on the Control of Corruption index.

By contrast, in the US, the government pushed big banks into buying up smaller and vulnerable banks, and is now doing everything it can to press them to lend more.

68. To combat corruption and improve public sector performance, the Bank is helping Governments in Albania, Georgia, Latvia, and Ukraine to formulate anti corruption strategies.

Sustainable development in Africa is hampered by drug trafficking and abuse, corruption, terrorism, organized crime and HIV AIDS.

The World Bank has turned from Saulus to Paulus under Wolfensohn, they became, I would say, the strongest anti corruption agency in the world.

The multilateral development banks (MDBs) view the chat feature as offering a potential for fraudulent activities, for example price signalling and corruption.

Lastly, she had heard that banks in Ireland often required black women to submit to HIV AIDS tests before granting them loans.

This programme addresses the key anti trafficking needs, action against corruption and money laundering, as well as balanced demand reduction and HIV AIDS prevention measures.

In the area of strengthening dialogue and cooperation with multilateral development banks and institutions, following consultations between the Office and the World Bank, the two bodies agreed in July 2004 to work together to implement a set of action plans, covering specific geographical regions and countries (Afghanistan, the Lao People's Democratic Republic, the Caribbean and Central Asia) and thematic areas (money laundering financing of terrorism, corruption, drug abuse and HIV AIDS).

Recent research by the World Bank Institute on the developmental cost of corruption indicates that countries that improve control of corruption and the rule of law can expect, on average and in the long run, a four fold increase in income per capita.

Most loans for population assistance come from the World Bank, which supports reproductive health and family planning service delivery, population policy development, HIV AIDS prevention, and fertility and health survey and census work.

In 2004, a partnership between UNICEF and the World Bank on ECD and HIV AIDS was launched in five African countries to increase awareness of the needs of young children affected by HIV AIDS.

States must, for instance, provide for their banking system to ensure that the profits of corruption cannot be retained, but are returned to the State of origin.

As Mr. Wolfensohn, the President of the World Bank, had stated, corruption was a quot cancer quot that formed a major barrier to sound and equitable development.

The framework developed in the report has four main thrusts (a) strengthening the Bank s own projects against corruption and fraud (b) providing direct assistance to countries that request assistance in tackling corruption (c) mainstreaming a concern for corruption throughout the Bank s lending and policy work and (d) supporting international anti corruption efforts, including the work of OECD and non governmental organizations, such as Transparency International.

In doing so, the Bank seeks to ensure that the investment climate in countries in which it operates is not adversely affected by corrupt practices.

45. Another area of the anti corruption strategy of the World Bank is concerned with building institutional strength inside and outside the public sector.

There was a significant increase in the availability of funds from such sources as the Global Fund, the United States President's Emergency Plan for AIDS Relief and the World Bank's Multi Country AIDS Programme.

Probably the best measure of corruption is the World Bank s Control of Corruption Indicator, which has been published since 1996 for over 180 countries. The CCI shows that while rich countries tend to be less corrupt than poor ones, countries that are relatively less corrupt, for their level of development, such as Ghana, Costa Rica, or Denmark, do not grow any faster than others.

But corruption poses the single largest obstacle to growth and development in many countries, especially as it diverts resources from the poor. The World Bank insisted that corruption be seen as a cancer, and that fighting it be made synonymous with fighting poverty.

Recognizing the emergence of the World Bank Multi Country HIV AIDS Programme and the Global Fund to fight AIDS, Tuberculosis and Malaria and the contributions of private foundations as important sources of new and additional funding,

There was a significant increase in the availability of funds from such sources as the Global Fund to Fight AIDS, Tuberculosis and Malaria the President of the United States of America's Emergency Plan for AIDS Relief and the World Bank Multi Country AIDS Programme.