NEW PROJECT TO INVESTIGATE WHO BENEFITS FROM CORRUPTION IN EXTRACTIVE INDUSTRIES

On 16 February, Devex reported that an ambitious new program to fight corruption by identifying who benefits from the proceeds of lucrative extractive industries is being launched by transparency campaigners.  “Opening Extractives” is a collaboration between Open Ownership and the Extractive Industries Transparency Initiative (EITI).  The campaigners hope that the project will ultimately reduce funds lost by countries to corruption and increase tax revenue, allowing more public finances to be spent on services such as health care and education.

https://www.devex.com/news/new-project-to-investigate-who-benefits-from-corruption-in-extractive-industries-99164

See also the WWF: Targeting Natural Resources Corruption –

https://www.worldwildlife.org/pages/tnrc-targeting-natural-resource-corruption

I would be grateful for any modest contribution for my time and ongoing costs of computer, relocation, and (still ongoing) removal costs, I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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