Russia inches up in Transparency International index.

By bne IntelliNews December 6, 2012
Russia moved up from 143rd to 133th place in the annual Transparency International corruption index, that surveys 176 countries. Russia scored 28 points out of 100 in the index, sharing the score with Kazakhstan, Iran, and Honduras. Head of Russian unit of TI Elena Panfilova told the press that while there is a notable advances in civil initiatives to curb corruption and high public demand to do so, the authorities are letting the society to deal with the problem only in few numbered cases. Recent corruption drills in military and agricultural government agencies was not yet incorporated in the rating. Panfilova noted that Russia is consistently scoring in the bottom of the rating, suggesting serious institutional problems, specific treatment of corruption by authorities and lack of public involvement in the issue. While many legal anti-corruption initiatives were passed in the past few years, the authorities are not actually enforcing them, TI believes.

Related Articles

Russias participation in Cyprus bail-out under question.

As Cyprus is trying to come up with new ways to raise EUR 5.8bn needed to secure the financing from ECB, EC, and IMF, Russia's participation in the package is not clear. According to the latest ... more

Fitch: Russian banks risks in Cyprus limited.

Fitch Ratings believes that resolution of the Cyprus crisis with a deposit levy or some other form of burden sharing involving creditors is unlikely to result in material losses for Russian ... more

Sources: Russia could triple oil exports to China.

Russia and China discuss contracts that would triple exports of Siberian oil through various transport corridors, Reuters reports citing unnamed sources in the industry. Rosneft is discussing ... more

Dismiss