FIFA Corrupt!!?? - Surely Not??!!

As World Cup opens in Russia, how did football get so corrupt? With the help of a major accountancy firm. See Bean Counters for the full inside story... pic.twitter.com/uBbp2o5kXL

— richard brooks (@rbrooks45) June 14, 2018

Samsung Buries Its Corporate Head in The Sand

Five top Samsung execs, including the boss, have just been indicted; major shake-up announced. Yet this is what Samsung is sending out pic.twitter.com/CWfePDseAS

— Anna Fifield (@annafifield) February 28, 2017

EU Corruption Breathtaking

The EU Anti-Corruption Report, published today, paints a grim picture of corruption being endemic across the EU.

The report's author, EU Home Affairs Commissioner Cecilia Malmstroem, said that the extent of corruption in Europe is "breathtaking"; it costs the EU economy at least 120BN euros per annum (the EU's annual budget).

Corruption erodes trust in democracy and drains resources from the legal economy.

 

Unsurprisingly the bureaucrats and politicians within the EU have managed to delay the release of this report, which should have been published months ago. Additionally, the report was also meant to cover EU institutions. However, the vested interests managed to block that part of the investigation.

 

As Cecilia Malmstroem told the BBC:

"The political commitment to really root out corruption seems to be missing." 

Quite!

The reason being is because the bureaucrats and the politicians in the EU treat the system as a gravy train which they have no intention of alighting from.

Greece Most Corrupt EU Country

The Corruption Perception Index 2012 has, unsurprisingly, ranked Greece as being perceived as being the most corrupt EU country out of the 27 member states.

Greece's global ranking also took a knock, and has fallen from 80th in 2011 to 94th in 2012.

Michael Woodford Says Sayonara To Olympus and Japan