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World Bank Integrity Vice Presidency

Broken Windows: Mending the Cracks

Leonard McCarthy's picture

When the World Bank investigates and sanctions a major corporation for corruption related to one of its project, the deterrent impact is readily apparent. However, not every case the World Bank investigates is a major corruption case. In the past year, the World Bank Integrity Vice Presidency (INT) received many complaints related to fraud, and it is important to demonstrate responsiveness to complainants who report credible allegations as well as fix the weaknesses identified. Sanctioning cases of fraud also sends a strong message about abiding by high integrity standards in World Bank-financed projects. 

Left unchecked, fraud erodes development effectiveness. It often coincides with poor project implementation, which can result in collapsing infrastructure or the distribution of counterfeit drugs. It causes costly delays and can lead to direct financial losses for countries which cannot afford it. Fraud also fosters a negative enabling environment, creating opportunities for more serious and systemic misconduct to occur.

Corruption Hunters Leave the Washington Meeting with Renewed Energy and Vigor for Action

Dina Elnaggar's picture

The energy that members of the International Corruption Hunters Alliance (ICHA) brought to their first meeting is beyond words.  “Stealing is bad enough, ripping off the poor is disgusting.” With those words, the World Bank President kicked off a 2-day momentum for the Corruption Hunters to “draw strength, learn from one another and create their global alliance.” And rightly so, they did.  A “marketplace” showcasing select country experiences offered some space for some delegates to speak firsthand of their challenges and lessons of success and failure.