“Corruption is a significant obstacle to international development. It undermines confidence in public institutions, diverts funds from those who are in great need of financial support, and violates business integrity. Corruption often transcends borders. In order to tackle this global problem, worldwide cooperation is needed. When international financial organizations, such as the World Bank Group, share information gathered from informants across the world with the law enforcement agencies of member states, they help achieve what neither could do on their own.” Opening passage from a decision by the Supreme Court of Canada issued on April 29 in World Bank v. Wallace.
Join our panelists to discuss what this means in terms of (1) engagement with client countries (2) expanding the scope of current tools to advance global anticorruption momentum and (3) impacting companies interested in doing development business.
Leonard Frank McCarthy
World Bank Integrity Vice Presidency
Assistant Dean and Lecturer in Law
George Washington University Law School