The For the complete report in the Financial Express click on this link
‘US, Europe fail to check corruption, bribes ’
Some 52% of Americans and 42% of western Europeans label their governments ‘not effective’ at stamping out corrupt practices in business and public life, said Transparency International.
‘Corruption is having a pretty serious adverse impact on business life, political life and indeed the lives of ordinary people every day,’’ David Nussbaum, chief executive of the global watchdog group, said in an interview today in Brussels. Political parties scored worst, with both Americans and Europeans ranking them as more corruption-prone than private businesses, the police, court system, military, tax authorities or media.
Nussbaum called it ‘very worrying’ that one in seven people in the US, Britain and continental Europe feel that their governments actually encourage underhand dealings rather than fighting them.
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