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ON THE MONEY TRAIL: Corruption in the news - Dec. 14

by TrustLaw | Thomson Reuters Foundation
Friday, 14 December 2012 16:33 GMT

A daily scrapbook of stories from major news media on corruption, bribery and financial crimes

MONTREAL - The anti-corruption unit in Canada’s Quebec province has arrested the mayor of the small town of Saint-Rémi, his son and a business associate on charges of fraud and conspiracy, CBC News reports. Investigators allege Mayor Michel Lavoie used his position to ensure public building projects were developed and built by family members or business partners.

GLOBAL - Anti-corruption is the new human rights movement, Slate magazine writes in an opinion piece. The past two years has seen riots across Tunisia, demonstrations in Moscow, fasts and street marches in New Delhi, plus street movements in Slovenia, Quebec, Iraq, Azerbaijan, and Wukan in southern China, among others. What do they all have in common? The answer is corruption, or rather the desire to end corruption, which is now the primary motivating factor for dozens of political movements around the world. 

Global anti-corruption efforts are growing in scope, the Economist magazine reports. Impunity and euphemism used to be daunting obstacles for graft-busters. Not any more. International efforts are bearing fruit. New laws have raised the cost of wrongdoing. Financial markets are punishing corrupt companies. Most encouraging, activists have growing clout not only in high-profile cases but at grassroots level, where the internet helps to highlight instances of “quiet” (low-level) corruption.

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