June 2008 (#87)


In this update:

  • Political Party Financing
  • Using the OECD Guidelines to Tackle Corporate Corruption
  • Woolf Committee Recommendations critiqued by TI (UK)
  • Weighing the Costs of Corruption or Compliance
  • Transparency Solomon Islands – new Executive Officer
  • COMING EVENTS
  • TI Australia Membership

Political Party Financing

Welcome reforms in political party financing at the federal level have been started by the Bill introduced by Senator Faulkner, but the situation in the states, especially the close links alleged to property developer approvals in NSW, still needs action. Bulletin 27 of the Public Interest Advocacy Centre, the well known non-profit body, contains a good lead article on the issue by Deidre Moore. An article that appeared in The Age provides an update on the issue. One sensible initiative at the federal level would be to insist on a number of free TV ads for each party at each election.

Using the OECD Guidelines to Tackle Corporate Corruption

Transparency International has published a working paper on the OECD�s Guidelines for Multinational Enterprises, a set of social, labour, environmental and anti-corruption standards for transnational companies. The TI working paper explains the Guidelines and their relevance in fighting corruption in the private sector. Case studies illustrate recent instances when civil society has filed complaints in different countries related to bribery and other violations. The paper is a handy and compact reference for journalists and practitioners on a little-known tool with the potential to provide powerful results in the fight against corruption.

Woolf Committee Recommendations critiqued by TI (UK)

The Woolf Committee has published its report on BAE Systems� ethical business practices and policies, and issued a series of recommendations for making the company a world leader in this field. Transparency International UK has issued its own set of recommendations that builds on the Woolf report. In some respects, TI-UK does not think the Woolf report goes far enough. It also says that the report leaves out important issues. According to TI-UK, �The purpose of this review is to offer proposals to BAE and to the Ministry of Defence on ways that they might follow up the Woolf recommendations so as to have most effect.�

Weighing the Costs of Corruption or Compliance

A global survey by Ernst & Young reveals that corruption is a growing problem for businesses and executives who have a lack of knowledge about the very laws designed to combat it. EY�s 10th global fraud survey interviewed nearly 1,200 executives across the world about their experiences of bribery and corruption. Of significance to Australia, the report found that the mining sector had the highest percentage of respondents stating that corrupt practices are prevalent in their sector.

Transparency Solomon Islands � new Executive Officer

Transparency Solomon Islands has appointed Jean Tafoa as Executive Officer. She has a strong background in education, management and leadership. Jean Tafoa commented, �I am happy to be with the Transparency Team as I firmly believe that getting rid of corruption will help bring peace, harmony and the eradication of poverty.�

COMING EVENTS

11 September 2008: Corruption Prevention Network Forum in Sydney.

5-7 November 2008: 7th National Investigations Symposium at Manly Pacific Hotel, Sydney.

TI Australia Membership

If you or your organisation are not already a member of TI Australia we would appreciate your interest in becoming one. TI Australia�s Directors work on a pro bono basis, but we need funding to cover our expenses. Click on the following links to find out more about supporting TI Australia or to access the TI Australia Membership Application Form.