Corruption is deadly in many developing countries, and in the industrial world, too, it is still a common practice.
The UK will order territories to make names of owners of shell companies public by December 31, 2020. It is the latest effort to tackle the corruption and tax avoidance that run rampant in Britain's overseas holdings.
Venezuela has announced it is halting commercial relations with Panamanian officials and firms. The move comes after Panama said Venezuelan President Nicolas Maduro was considered at "high risk" for laundering money.
Rampant graft afflicting the mining industry has led to a massive loss of public revenue in many countries. A new report shines a light on the risks of corruption occurring at the very start of the mining process.
In Bangladesh, money earmarked for climate protection is often vanishing due to corruption and mismanagement. Transparency International wants to add clarity and ensure a change.
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