Moral Values Speech

Moral Values Speech-44
Access to this vast illicit wealth, specialist personnel such as accountants and lawyers and the lack of international frameworks to control them gives international criminals what the WEF Global Risk Report calls When you have drug lords with more power than elected leaders, you can talk about state capture.Parliament and parliamentary committees may be influenced or even controlled by members who have conflicts of interest when it comes to policy decisions.People already think global leaders are failing, according to our most recent global survey and many no longer expect their leaders to act in the public interest: If you pay a lot of money to a candidate running for election, that candidate owes you something when it comes to deciding the right policies.

Access to this vast illicit wealth, specialist personnel such as accountants and lawyers and the lack of international frameworks to control them gives international criminals what the WEF Global Risk Report calls When you have drug lords with more power than elected leaders, you can talk about state capture.Parliament and parliamentary committees may be influenced or even controlled by members who have conflicts of interest when it comes to policy decisions.People already think global leaders are failing, according to our most recent global survey and many no longer expect their leaders to act in the public interest: If you pay a lot of money to a candidate running for election, that candidate owes you something when it comes to deciding the right policies.

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The globalization of crime means that the scale of international illicit trade is enormous.

The World Economic Forum estimates that the trade in arms, cigarettes and other goods is upwards of $650 billion.

This applies to the public and private sector but starts with individuals.

Corruption today continues to take a great toll on our societies, and threatens to exacerbate wider challenges that our societies face - may these be poverty, inequality of income, the environment, delivering public services to all citizens or maintaining peace and stability.

While elections are often won or lost on the corruption issue, those who profit from corruption can be a barrier to reformers who come to power with a promise to clean up.

Early engagement often fizzles as pressure increases to stop the cleaning of the administration.

Judges may rule in favour of the corrupt when disputes arise, irrespective of evidence and the law.

I believe that people in our countries do not wish to see their institutions both state and private being complicit to fraud and criminal activity.

Corruption siphons money away from public spending, and diverts valuable public income such as that coming from natural resources.

It undermines both the availability and quality of these services.

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