This presentation looks at bribery and government corruption

1. THE MOST CORRUPTED
COUNTRIES IN THE WORLD
– FEBRUARY 2019
BY: PAUL YOUNG, CPA, CGA
DATE: FEBRUARY 12, 2019

2. AGENDA
• Top 10 most corrupted countries in the world
• Foreign Aid to the most corrupted countries
• Issues

5. WHAT ARE BUSINESS CONDUCT RULES
• Rules set out by companies on how their employees need to act with both
internal and external customers.
• Company set rules on gifts and/or rewards as part of dealing with both
customers and prospects

6. If there’s one thing that stands out in court documents outlining the RCMP’s case against
Vice-Admiral Mark Norman, it’s the extremely cutthroat nature of military procurement.
It’s a secret world in which companies and high-priced lobbyists go to great lengths to
win whatever multibillion-dollar contract is up for grabs.
That includes bringing pressure to bear on federal ministers and other government
officials and trying to undermine competitors—and even the procurement system itself—
through whatever means necessary.
“Industry is always going to do whatever they can to win a contract,” says Alan Williams,
former head of military procurement at National Defence.
Business Conduct Rules
Canadian Manufacturing – April 29, 2017

7. TOP CORRUPTED COUNTRIES
Source - https://www.transparency.org/news/feature/corruption_perceptions_index_2017

8. UN AND FOREIGN AID
Country Foreign Aid
Iraq • 24 countries pledged $2.1B
• USA is looking at $2B
Venezuela • Nothing pledge, but UN is watching
Guinea-bissau • 80% of the budget or about 80M is from foreign aid
Afghanistan • $15B pledged in foreign aid
Libya • $56M aid pledge by USA
Sudan • $1.1B aid
Yemen • $938M
Syria • $2B
North Korea • $6.96B (China Aid)
South Sudan • $1.4B
Somalia • $861M
Estimated total - $31B+ in Aid

9. CANADA AND GOVERNMENT CORRUPTION
Source - https://www.transparency.org/news/feature/corruption_perceptions_index_2017
2015 Ranking
2017 Ranking

10. ISSUES FACING

11. ISSUES FACING

12. ISSUES FACING

13. SAUDI ARABIA
Source - http://www.cbc.ca/news/world/saudi-anti-corruption-arrests-1.4388237?cmp=news-digests-canada-and-world-morning
Saudi Arabia has arrested dozens of princes and former officials, including a well-known billionaire with
extensive holdings in Western companies, as part of a sweeping anti-corruption probe that further
cements control in the hands of its young crown prince.
A high-level employee at Prince Alwaleed bin Talal's Kingdom Holding Co. told The Associated Press
that the royal was among those detained overnight Saturday. The employee, who spoke on condition
of anonymity due to fear of repercussions, said he received calls from several security bodies notifying
him of the arrest.
The surprise arrests, which also reportedly include two of the late King Abdullah's sons, were being
hailed by pro-government media outlets as the greatest sign yet that Crown Prince Mohammed bin
Salman is serious about reforming the country, which has long been plagued by allegations of
corruption at the highest levels of government. The moves come barely two weeks after Saudi Arabia
hosted a major investment conference.
CBC News – November 5, 2017

14. MAGNITSKY ACT
Source - http://www.cbc.ca/radio/day6/episode-358-outsmarting-the-nra-canada-s-magnitsky-act-ham-radios-for-puerto-rico-
music-in-dna-and-more-1.4329733/canada-is-getting-its-own-magnitsky-act-and-vladimir-putin-is-not-impressed-1.4329831
Members of the House of Commons voted on
a bill this week called Justice for Victims of
Corrupt Foreign Officials Act and it is
guaranteed to make Vladimir Putin livid.
The bill is Canada's version of the Magnitsky
Act, a series of laws named for a lawyer who
died in Russian custody as he was
investigating corruption. These laws target the
property — the assets, the holdings, the
wealth — of corrupt officials "who have
committed gross violations of internationally
recognized human rights."
Human Rights Council - UN

15. SEC AND GOVERNMENT PAYMENTS
• Foreign Corruption Act - https://www.sec.gov/spotlight/fcpa/fcpa-cases.shtml or
https://www.businessinsurance.com/article/20180625/NEWS06/912322197/US-Foreign-Corrupt-Practices-Act-
charges-rise “Despite the change in administration, 20 individuals were charged with violating the U.S. Foreign
Corrupt Practices Act in 2017, the second most individual prosecutions in a year since 1977, says a study.”
• Canada has laws against foreign corruption - https://www.business-anti-corruption.com/anti-corruption-
legislation/cfpoa-corruption-foreign-public-officials-act/ http://www.lexsage.com/Top-Ten-Anti-Bribery-Anti-
Corruption-Developments-in-Canada-in-
2017?utm_source=Mondaq&utm_medium=syndication&utm_campaign=View-Original
https://www.canadianlawyermag.com/author/aidan-macnab/cracking-down-on-corruption-15717/
• Liberals moved forward with a new law https://www.canada.ca/en/department-
justice/news/2018/03/remediation-agreements-to-address-corporate-crime.html