Barney
15 May 2013
Life / Bribery and corruption 'fact of life' in Poland? [152]
There is a debate at the moment about the suitability and effectiveness of large accountancy firms auditing banks especially when there is a conflict of interests. All the so called big 4 have form here.
Transparency international measures perceptions it doesn't measure actual corruption that's impossible.
The UK for example supports the existence of "tax havens" (for the sake of argument defined as places that don't allow inspection) or use national security as reasons to block investigations. The wide scale problems with government contracts running over budget or the use of secret tendering allows for corrupt practices hidden due to reasons of commercial sensitivity. There is very little transparency in much of the business world for a reason and that has nothing to do with commercial sensitivity.
Without transparency it's impossible to say what is happening. Of course auditors often claim that they were just as much in the dark as the public. White collar crime needs to be treated in the same way as other crime bent auditors need to be jailed. If I were sanction busting for Iran and laundering Drug money I would be jailed not made a government minister.
There is a debate at the moment about the suitability and effectiveness of large accountancy firms auditing banks especially when there is a conflict of interests. All the so called big 4 have form here.
Transparency international measures perceptions it doesn't measure actual corruption that's impossible.
The UK for example supports the existence of "tax havens" (for the sake of argument defined as places that don't allow inspection) or use national security as reasons to block investigations. The wide scale problems with government contracts running over budget or the use of secret tendering allows for corrupt practices hidden due to reasons of commercial sensitivity. There is very little transparency in much of the business world for a reason and that has nothing to do with commercial sensitivity.
Without transparency it's impossible to say what is happening. Of course auditors often claim that they were just as much in the dark as the public. White collar crime needs to be treated in the same way as other crime bent auditors need to be jailed. If I were sanction busting for Iran and laundering Drug money I would be jailed not made a government minister.