1.
CURBING CORRUPTION
INVESTING IN GROWTH
3RD
OECD INTEGRITY FORUM
Paris, 25-26 March 2015
AGENDA
ROBUST PROSECUTION
AND RECOVERY
SHARPDETECTION
EFFECTIVEPREVENTION
HEALTHY GOVERNANCE

2.
About the OECD Integrity Forum
The OECD Integrity Forum is an anti-corruption forum of policy makers, businesses, civil society, academia and other
stakeholders to identify new approaches to prevent, detect and sanction corruption in a holistic manner.
Objectives of the 2015 OECD Integrity Forum
Sustained economic growth is crucial for delivering, but also depends on, more and better services, for building more
resilient economies and increasing trust in government and politicians. Public and private investment are essential to
long term economic growth by expanding an economy’s productive capacity, boosting productivity and employment,
improving service delivery both in quantity and quality, and enhancing human capital. An IMF recent study shows that 1
percentage point increase in investment spending as a share of GDP raises the level of output by about 0.4 percent in
the same year and by 1.5 percent four years after the increase.
However, in order to ensure countries can reap the full potential benefits of public and private investment a persistent
obstacle needs to be overcome. Corruption has been identified as a distorting factor affecting the quality, composition
and productivity of physical capital, and seriously undermining the benefits of the investment. In this context, corruption
can be perceived as an additional cost or tax to be paid by investors and users. And when it extends to higher echelons
of government, it can lead to deep distortions in investment policies.
Corruption may also lead to unprofitable public infrastructure projects also known as white elephants, resulting in vast
infrastructures hardly used but nevertheless entailing high maintenance costs. Specifically, corrupt public procurement
processes may lead to expensive and low quality public infrastructure and poor service delivery.
In 2013, OECD countries spent close to USD 1.4 trillion in public investment – which represents almost 3% of OECD GDP
and 15% of total investment (public and private). Sub-national governments undertook most of this investment (72%). A
great deal of this investment is spent on public infrastructure. And the need for public infrastructure in OECD countries is
significant. The OECD has estimated the annual investment requirements to be around an average of 2.5% of world GDP.
The governance of infrastructure investment remains a sensitive area as the many different forms of interaction
between the public and private sectors present high risks of corruption. Thus it is key to mainstream integrity practices
in the governance of public investment.
Finally, corruption also undermines private investment by creating a negative business climate for the private sector.
Debates during the 2015 Integrity Forum will review existing mechanisms to properly address corruption risks all along
the investment policy cycle and explore good practices in mitigation strategies to fully reap the benefits of investment.
Lessons will also be drawn from the application of the OECD Anti-Bribery Convention, the updated Policy Framework for
Investment and other OECD instruments.
For more information please see the OECD Integrity Forum Background Report: Curbing Corruption – Investing in Growth.

3.
AGENDA
Wednesday, 25 March 2015
8:00 – 9:15 Registration & Welcome Coffee (CC4)
9:15 – 9:45 Welcoming Remarks and Opening Address (CC4)
William C. Danvers
OECD Deputy Secretary-General
H.E. Mr. Lee Sungbo
Chairman, Anti-Corruption and Civil Rights Commission, Korea
9:45 – 11:15 Plenary Session 1 (CC4)
High-Level Debate: Mapping the Risks of Corruption in Investment
OBJECTIVES
Investment helps to underpin competitiveness, productivity and growth. Yet corruption as a main
distortion in both private and public investment, negatively impacts on its effectiveness, thus directly
impairing economic growth. This is confirmed by the findings of the G20 Anti-corruption Working Group
Study on Corruption and Economic Growth prepared by the OECD which describes the many ways in which
corruption impairs economic growth.
This high-level session will convene stakeholders from both the investment and the anti-corruption spheres
to map risks of corruption in investment and identify the key tools to mitigate those risks.
KEY NOTE
 Gabriela Ramos, Chief of Staff, OECD
MODERATOR
 Axel Threlfall, Editor-at-Large, Reuters
PANELLISTS
 Giovanni Kessler, Director-General, European Anti-Fraud Office (OLAF)
 Cobus de Swardt, Managing Director, Transparency International
 Nadia van der Merwe, Associate Director, Compliance, Intelligence, Investigations and Technology
(CITT), Control Risks
 Adrian Blundell-Wignall, Director, Directorate for Financial and Enterprise Affairs, OECD
11:15 – 11:45 Coffee Break (CC4)

4.
4
11:45 – 13:00 Plenary Session 2 (CC4)
Reaping the benefits of investment for all: Preventing the Capture by Special Interests
OBJECTIVES
While investment is a crucial element for economic growth, it may not necessarily lead to growth for the
society in general. Public investment policies or projects may be unduly influenced by private or public
individuals or by one or a few businesses or by criminal groups through means such as the financing of
political parties and campaigns or lobbying. When decision makers are “captured” in this way the economic
benefits of the investment are only enjoyed by a minority at the expense of the public interest.
This session will explore the different ways by which actors influence public investment processes and will
identify mechanisms to ensure that the influence is legitimate and avert capture by special interests.
MODERATOR
 Pavlos Eleftheriadis, Associate Professor of Law at Oxford University
PANELLISTS
 Klaus Moosmayer, Chief Compliance Officer, Siemens /Chair of the BIAC Task Force on Anti-
Corruption/Bribery
 Sheila Krumholz, Executive Director, Center for Responsive Politics
 Bob Rijkers, Economist, World Bank
13:00 – 14:30 Lunch Presentation of the G20 Corruption and Growth Report (Auditorium)
OBJECTIVES
In response to a request from the G20 Anti-Corruption Working Group, the OECD has issued a report titled
“Consequences of Corruption at the Sector Level and Implications for Economic Growth and Development,”
which analyses the impact of corruption on four key sectors: extractive industries, utilities and
infrastructure, health, and education.
This lunch panel will serve as the official launch of the report and will provide a platform for further
discussion of the report’s findings.
PANELLISTS
 Juan Yermo, Deputy Chief of Staff, OECD
 Tina Søreide, Postdoc Researcher in Law and Economics, University of Bergen, Norway
 M. Emranul Haque, Senior Lecturer, University of Manchester

5.
5
14:30 – 16:00
Challenge Session (CC4)
Identifying Risks and Tools to Curb Corruption in Public
Investment
14:30 – 16:00
Parallel Session 1 (CC2)
Integrity Systems and Risk Management in Developing
Countries
OBJECTIVES
This session is designed as an interactive, practical and
policy-oriented discussion to identify the key risks to
effective public investment programs. Through a facilitator,
participants will work together to identify concrete tools to
curb corruption in public investment, particulalrly in
infrastructure projects.
FACILITATOR
 A. Craig Copetas, Correspondent-at-Large,
Quartz/Atlantic Media
OBJECTIVES
Development assistance is crucial for furthering investment
for development. Yet, the governance of receiving
countries as well as the operations of co-operation agencies
matter greatly to avert corruption in development
assistance. This session will discuss corruption risk
management in the operations of multi- and bi-lateral co-
operation agencies. It will discuss the needs presented by
current policies, integrity frameworks currently being
employed and their effectiveness, and crucial components
and mechanisms to manage corruption risks.
MODERATOR
 Phil Mason, Chair of Anti-Corruption Task Team,
OECD
PANELLISTS
 Elizabeth Hart, International Consultant
 Joshua Drew, Vice-President of Ethics, HP
 Erik Feiring, Policy Officer on Illicit Financial Flows,
World Bank (by VC)
 Phil Tarling, Executive Committee Member and
Former Chairman of the Board, Institute of
Internal Auditors, Vice President, Internal Audit
Centre of Excellence for Huawei Technologies
Ltd.
16:00 – 16:30 Coffee Break (CC4)

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6
16:30 – 18:00
Parallel Session 2 (CC7)
Trust and Business
16:30 – 18:00
Parallel Session 3 (CC2)
Investment Treaties, Arbitration and Corruption
OBJECTIVES
Despite lessons learnt from the global financial crisis, which
revealed both government failures and serious corporate
wrongdoing, a gap remains between standards and
instruments designed to prevent corporate misconduct,
and the manner in which these rules are applied. They
include the OECD Anti-Bribery Convention, the Guidelines
for Multinational Enterprises, and the Principles of
Corporate Governance, among others. Their active
implementation is essential to re-building post-crisis trust
and investment, both for large and smaller enterprises.
This session will introduce a new OECD initiative, the OECD
Trust and Business Project, which aims to address these
challenges by working with governments, business, and civil
society to bridge the gap between international rules and
standards for businesses and how they are implemented.
Bringing together representatives from all these groups,
this session will kick-start a debate about the challenges to
meaningful corporate compliance and effective
government enforcement.
MODERATOR
 Pierre Poret, Deputy Director, Directorate for
Financial and Enterprise Affairs, OECD
PANELLISTS
 Anders Berg, Deputy Director General, Norwegian
Ministry of Trade & Industry; Chair, OECD Working
Party on State Ownership and Privitisation Practices
 Sagarika Chatterjee, Associate Director, United
Nations Principles for Responsible Investment
 Peder Michael Pruzan-Jorgensen, Vice-President,
Europe, Middle East and Africa, Busines Social
Responsibility (BSR)
 Corinne Lagache, Senior Vice-President and Chief
Compliance Officer, Safran SA; Vice-President, BIAC
Anti-bribery Task Force
 Aneta McCoy, Founder and Managing Partner,
Aneta McCoy Advisory Group (AMAG)
 Ade Onitolo, Deputy Head Commercial and
Economic Diplomacy Department, Foreign and
Commonwealth Office, United Kingdom
OBJECTIVES
International anti-corruption conventions play a key role in
the global efforts for integrity. Much less explored in this
context are investment and trade agreements that may
also play a role in curbing corruption.
This session will discuss whether and how investment
treaties can be used as an anti-corruption tool. For
example, anti-corruption clauses can be included in
investment treaties, trade agreements and contracts. To
date, investment treaties rarely refer to anti-corruption
considerations, while corruption allegations play a great
role in investment arbitration cases. What would be the
benefits and effects on the arbitration of investment
treaties or contracts of including an anti-corruption clause?
Would arbitrators be more inclined to investigate
corruption issues when the treaty at stake contains an anti-
corruption clause? And how should corruption allegations
be treated by arbitrators?
MODERATOR
 Vladimir Khvalei, Vice-President of the ICC
International Court of Arbitration
PANELLISTS
 Catherine Kessedjian, Arbitrator, Professor,
Université Panthéon-Assas (Paris II)
 Lauri Railas, Attorney, Railas Attorneys Ltd., Co-
drafter of the ICC Anti-Corruption Clause
 Joachim Pohl, Policy Analyst, Investment Division,
OECD

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7
Thursday, 26 March 2015
8:00 – 9:30 Welcome Coffee (CC4)
9:30 – 11:00
Plenary Session 3 (CC4)
Strengthening the Governance of Infrastructure Investment
OBJECTIVES
The construction and infrastructure sector is particularly prone to corruption. Infrastructure projects
involve a large number of actors and significant amounts of money. Thus private participation in
investment projects may be marred by corruption particularly in the design of the PPP or the public
procurement process. If processes are not adequate and transparent, corruption increases the need for,
and the cost of, investment contributing to unsuitable, defective, and dangerous infrastructure such as
buildings that collapse and roads that break up after a short period of time.
This session will explore effective preventive mechanisms to promote transparency, efficiency and good
management in the governance of infrastructure investment to minimize the risk of corruption and achieve
better value for money in infrastructure projects.
KEY NOTE
 Raffaele Cantone, President, National Anti-Corruption Authority, Italy
MODERATOR
 Roel Nieuwenkamp, Chair of the OECD Working Party on Responsible Business Conduct
PANELLISTS
 Christiaan Poortman, Chair, CoST Interim Board
 Enrico Vink, Managing Director, International Federation of Consulting Engineers (FIDIC)
 Augusto Goncalves Ferradaes, Federal Auditor, Federal Court of Accounts , Brazil
 Viviane Schiavi, Senior Policy Manager, Corporate Responsibility & Anti-Corruption, International
Chamber of Commerce
11:00 – 11:30 Coffee Break (CC4)

8.
8
11:30 – 13:00
Parallel Session 4 (CC7)
Improving Governance to Promote Investment in Latin
America and the Caribbean’s Extractives Sector
11:30 – 13:00
Parallel Session 5 (CC4)
Corruption in Investment at the Sub-National Level:
Mitigating the Risks
OBJECTIVES
The objective of this session is to discuss recent governance
and transparency reforms and pending challenges in LAC’s
extractives sector, and their potential to promote and
support both foreign and domestic investment in this
sector. The panel proposes exploring different country-level
experiences and approaches to improving extractive
governance.
MODERATOR
 Carlos Santiso, Division Chief, Institutional Capacity of
the State Division, Inter-American Development Bank
PANELLISTS
 Fuad Khoury Zarzar, Comptroller General, Peru
 Natalia Gutierrez, President, Colombian National
Mining Agency
 Victor Hart, Trinidad and Tobago EITI Steering
Committee
 Juan Cruz Vieyra, IDB Operations Specialist
 Lahra Liberti, Senior Advisor on Natural Resources,
OECD Development Centre
OBJECTIVES
Cities and regions are key actors for infrastructure
investment: More than two-thirds of public investment
takes place at the sub-national level and this share has
increased over recent decades, making questions of
efficiency and integrity at sub-national level all the more
important. The OECD Recommendation on Effective Public
Investment Across levels of Government and its
Implementation Toolkit address some of these challenges,
to strengthen sub-national capacities throughout the
investment cycle, mitigate risks of corruption and make
more effective use of investment. Whatever the level of
decentralisation, corruption varies greatly at the local level
within countries, and certain regions seem to be
particularly at risk when it comes to corruption in
investment.
This session will discuss the key risks of corruption at the
sub-national level throughout the investment cycle and the
joint action from local and national policy-makers that is
required to address these risks.
MODERATOR
 Robert Leventhal, Director of Anticrime Programs
Division, U.S. Department of State
PANELLISTS
 Anwar Shah, Advisor to the World Bank and the Asian
Development Bank, Director of the Centre for Public
Economics, and Distinguished Visiting Professor of
Economics, Southwestern University of Finance and
Economics, Chengdu/Wenjiang, China
 Kristien Verbraeken, Region of Flanders, Belgium -
Integrity Officer, Public Governance Department,
Corporate HR & Organizational Development Division,
Belgium
 Pierre Berthet, Former Auditor at the Regional
Chamber of Accounts Provence-Alps-Côte d’Azur,
Senior Advisor, Central Service for Preventing
Corruption, Ministry of Justice, France
 Bert Kuby, Head of Unit, EU Committee of the Regions

9.
9
13:00 – 14:00
Networking buffet Lunch
(Conference Centre Atrium)
13:00 – 14:00
Lunch Panel: Bribery and Corruption – The Dark Side of
International Business (CC5)
MODERATOR
 Patrick Moulette, Head, Anti-Corruption Division,
OECD
PANELLISTS
 Richard Bistrong, Anti-bribery, Compliance and
Ethics Consultant, Former FCPA Violator and
FBI/UK Cooperator
 Philippe Montigny, CEO and President of the
Certification Committee, Ethic Intelligence
 Enery Quinones, Former Chief Compliance Officer,
European Bank for Reconstruction and
Development
 Richard Alderman, Former Director, Serious Fraud
Office, UK
14:00 – 15:30
Plenary Session 4 (CC4)
Designing a Collective Strategy to Curb Corruption
OBJECTIVES
This session will draw lessons from the discussions held in the previous plenaries and parallel sessions and
will outline the key elements of a strategy to curb corruption in investment that could be put forward
collectively by the public and private sectors and civil society.
This session will also channel a reflection on where anti-corruption efforts are today and how the OECD can
increase its relevance and impact in the anti-corruption field to ensure continuous first-rate support to
countries’ needs in this area.
MODERATOR
 Rolf Alter, Director, Public Governance and Territorial Development Directorate, OECD
PANELLISTS
 H.E. Mr. Dionisio Pérez-Jácome Friscione, Ambassador, Mexican delegation to the OECD
 H.E. Ms. Annika Markovic, Ambassador, Swedish Delegation to the OECD
 H.E. Mr. Nick Bridge, Ambassador, United Kingdom Delegation to the OECD
 Drago Kos, Chair of the OECD Working Group on Bribery in International Business Transactions
 Robert Hunja, Director for Public Integrity and Openness, Governance Global Practice, World Bank
 Elena Panfilova, Vice-Chair of Transparency International
15:30 – 16:00 Closing Remarks
H. E. Mr. Aivaras Abromavičius
Minister of Economic Development and Trade of Ukraine
Angel Gurría
OECD Secretary-General

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