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• Thailand
David takes down Goliath
• Copenhagen summit
What really happened
• Listing and disclosure
Stock exchange rules tighten
• Palm oil
Can RSPO pick up the pace?
- Toby Webb, 13 February 2008
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Strategy & Management:
Transparency International – Counting corporate corruption
Cobus de Swardt, Transparency International’s new managing director, thinks companies have had it far too easy on corruption. But things may be changing
The country, which has tried to make a start in cleaning up its act, has been back in the headlines for the wrong reasons recently. In December Nuhu Ribadu, who had chaired Nigeria’s powerful Economic and Financial Crimes Commission for the past three years, lost his job for seemingly spurious reasons. Claiming to have recovered about $1 billion in embezzled funds, Ribadu stepped down unwillingly.
The move comes despite Nigerian president Umaru Yar’Adua saying anti-corruption is a priority for his recently elected administration. It may be that for anti-corruption workers in Africa, if you do your job too well, it can get you fired. Ribadu had been investigating a former governor of Delta state considered close to the new Nigerian president.
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