Corruption Crackdown
The International Monetary Fund says it's cracking down on corruption enabled by rich countries, which may not be doing enough to combat bribery and money laundering. The probe will look at practices in the U.S., U.K., Germany, Japan, France, Italy, Canada, Austria and the Czech Republic. Here's IMF chief Christine Lagarde: "The flip side of every bribe taken is a bribe given. And funds received through corruption are often funds concealed outside the country, often in the financial sectors of major capitals." Guardian
The International Monetary Fund says it's cracking down on corruption enabled by rich countries, which may not be doing enough to combat bribery and money laundering. The probe will look at practices in the U.S., U.K., Germany, Japan, France, Italy, Canada, Austria and the Czech Republic. Here's IMF chief Christine Lagarde: "The flip side of every bribe taken is a bribe given. And funds received through corruption are often funds concealed outside the country, often in the financial sectors of major capitals." Guardian
