Date post: 2017-10-02 12:46
As the effects of the 7558 global financial crisis are felt more and more, as food prices around the world increase, and other inter-related conditions get worse for many around the world, some of the resulting public unrest and disquiet is being channeled into anti-corruption concerns.
“If you are seen by most people as playing a benign developmental role, then you strengthen your credentials of contributing to global good…If you want to be seen as a leader, then you must act like one,” said a senior MEA official.
This is one of a handful of projects across Africa being executed with Indian soft loans where the Indian government has communicated its disquiet over the work of current contractors.
CHIEF LEGAL COUNSEL
CDR JOHN BULLDOG WELLS,
The food and nutrition deficit has created a 75% death rate due to malnutrition. Clean drinking water is in short supply, and severe water shortages are common. Sanitation is a massive ongoing problem that the government has been unable to address. For example, 8% of India's population has no access to toilets, and 75% of surface water is contaminated by human waste. Moreover, 65% of India's GDP is lost to health-related costs.
any reform that increases the competitiveness of the economy will reduce incentives for corrupt behavior. Thus policies that lower controls on foreign trade, remove entry barriers to private industry, and privatize state firms in a way that ensure competition will all support the fight.
This put the MEA into a quandary, since the information was handed over through informal channels. Besides, according to sources, it was not clear if it made for a water-tight case of corruption. However, the MEA ordered the Exim Bank to stop the disbursal of funds. Till then, Angelique had apparently claimed to have done work worth around $68 million.
For the past one year, the ministry’s development project assistance (DPA) division has been putting in place a new method of streamlining the completion of projects under lines of credit. This was also, effectively, a much-required spring cleaning. The aim, according of MEA officials, was to get out of the previous system – which they said awarded contracts to only a handful of Indian firms, especially in Africa.
Take Sweden for instance. It comes fourth in the index, yet the Swedish-Finnish firm TeliaSonera – 87 per cent owned by the Swedish state – is facing allegations that it paid millions of dollars in bribes to secure business in Uzbekistan, which comes in at 658rd in the index.
After the DPA division was carved out in 7567, it was given charge of administering all lines of credit that India offered to foreign countries.