Thursday, January 18, 2018

Fact of the Day

 In 2009, 103 construction companies were fined a total of £130 million (US$176 million) for rigging bids to inflate the cost of major building projects in England, including publicly funded projects to build new schools and hospitals. 

Worryingly, since this case, successive UK governments’ efforts to “cut red tape” have actually decreased the state’s ability to detect corruption, such as when they abolished the Audit Commission, which was responsible for independently auditing local public bodies.

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