Tuesday, February 20, 2007

Interview with Suzanne Folsom on Fraud and Corruption


Suzanne Folsom, director of the World Bank's Department of Institutional Integrity

The World Bank recently issued a report detailing the results of its investigations into allegations of fraud and corruption in Bank-financed projects. These investigations, conducted by the Bank's Department of Institutional Integrity, revealed that the schemes devised by corrupt actors -- such as procurement fraud, collusion, kickbacks and bribes -- are broadly similar whether in Africa, Asia, Europe, Latin America, or the Middle East. This is a critical lesson learned, as it is allowing the Bank to devise common interventions on a global basis.

How does corruption affect development projects? How widespread is the problem? What can be done about it?

Join Suzanne Folsom, Counselor to the President and Director of the Bank's Integrity Department, for a live Speak Out chat on February 22nd. She will answer questions and further explain how the Bank responds to allegations of corruption in its projects, as well as how the institution deals with complaints regarding possible staff misconduct.

See full Details, the World Bank Report and ask your question.