April 2017 (#226)

In This Update:

  • Corruption and Real Estate – Australia, Canada, the UK and the US
  • Luxury goods dealers do too little to limit sales to the corrupt
  • Lessons from Recent Prosecutions
  • National Integrity Conference
  • OECD – In the Public Interest: Taking Integrity to Higher Standards
  • Mining for Sustainable Development

Corruption and Real Estate – Australia, Canada, the UK and the US

Doors Wide Open Corruption and Real Estate in Four Key Markets, a Transparency International report released on 30 March 2017 said that the governments of Australia, Canada, the UK and the US need to close glaring legal loopholes to prevent the corrupt elite from laundering the proceeds of grand corruption in their local real estate markets. Read more in the recent TI Australia press release.


Luxury goods dealers do too little to limit sales to the corrupt

A new report, Tainted Treasures: Money laundering risks in luxury markets, released by Transparency International concludes that ‘Luxury goods sellers – from jewellers and real estate agents to yacht builders and diamond brokers – are doing little to check if their customers are using corrupt money to fund their high-end purchases’.


Lessons from Recent Prosecutions

In a world of intense corporate change, corruption remains a significant challenge for businesses in foreign jurisdictions, as well as closer to home. Find out what lessons can be learnt from recent prosecutions, as well as the Serious Fraud Office’s (SFO’s) latest landmark Deferred Prosecution Agreement (DPA) in EY’s latest UK Bribery Digest.


National Integrity Conference

TI Australia and principal partner, Griffith University, hosted the first Biennial National Integrity Conference – Building the Public/Private Alliance (March 2017). Topics included: open government, whistleblower protection, business ethics, transparency, integrity and compliance, restoring trust in our institutions, ensuring effective and independent anti-corruption agencies, deferred prosecution agreements and political donation reform. A highlight of the conference was the Australian launch of the TI People and Corruption: Asia Pacific Global Corruption Barometer, by Natalia Soebagjo, Chair of TI Indonesia and member of TI’s global board, and Director of the Centre for Study of Governance at the University of Indonesia.


OECD – In the Public Interest: Taking Integrity to Higher Standards

Raising integrity and anti-corruption standards in government, business and society is more important than ever, and corruption is reported as the number one concern by citizens. Transparency International was well represented at the 2017 OECD Global Anti-Corruption & Integrity Forum. The TI Australia CEO attended, along with representatives from TI- Secretariat, TI UK, TI EU and TI Estonia. The OECD will review Australia’s progress against the OECD Anti- Bribery Convention in 2017.


Mining for Sustainable Development

Over the last two months, TI Australia’s Mining for Sustainable Development (MSD) team has been busy, bringing together TI chapters participating in the global programme. In February and March, representatives of TI chapters from 19 countries attended regional workshops in Cape Town (South Africa), Accra (Ghana), Jakarta (Indonesia) and Bogota (Colombia). They shared progress on their assessment of corruption risks in the award of mining licences, permits and contracts, and discussed their experiences and strategies for engaging with key stakeholders.

In Cape Town, participants met with industry and government delegates attending the Mining Indaba. At a very successful side event, the MSD Programme Manager, Andrea Shaw, introduced the MSD programme to stakeholders. Representatives from Corruption Watch in South Africa and TI Kenya spoke movingly about why being involved in the programme is so important for their work. In Bogotá, representatives from Latin American TI movements attended the Latin American Network on Extractive Industries Annual Forum prior to the TI Regional Workshop. They met with EITI Global Board members.

These are exciting times for the mining programme, as participating TI chapters prepare to submit their draft risk assessments for review in the coming weeks. With an understanding of problems, the MSD team can move forward to develop solutions and strategies to address corruption risks at a national, regional and global level.

The Mining for Sustainable Development Program is hosted and coordinated by TI Australia, with the financial support of the BHP Billiton Foundation and the Department of Foreign Affairs and Trade.


TI Australia e-Update #226

April 2017



TI Australia is the Australian national chapter of Transparency International (TI), an international not-for-profit organisation devoted to curbing corruption worldwide. The TI Australia e-Update is a monthly update giving information on the fight against corruption in Australia and worldwide. TI Australia does not necessarily endorse the views expressed in the materials linked to this e-Update; nor does it accept responsibility or liability for any loss, damage, cost or expense you might incur as a result of the use of, or reliance upon the materials which appear in the TI Australia e-Update.


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