Remove 2017 Remove Corruption Remove Transparency
article thumbnail

Raytheon to Pay $950 Million in Major FCA and FCPA Case Aided by Whistleblower

Whistleblower Network News

authorities announced major settlements with defense contractor RTX (formerly known as Raytheon Technologies Corporation) over allegations that the company violated both the Foreign Corrupt Practices Act (FCPA) and False Claims Act (FCA). On October 16, U.S. Department of Justice (DOJ) announced a $950 million settlement while the U.S.

article thumbnail

Where does pressure for public procurement transparency come from? Reflections from Uganda and Tanzania

Curbing Corruption in Government Contracting

For years, the benefits of transparency as a policy tool to increase accountability and counter corruption have been lauded. In public procurement, this has given rise to a global movement promoting procurement data transparency, a.k.a. open contracting. But what do these commitments look like in reality?

article thumbnail

India’s Federal Procurement Data Infrastructure: Observations and Recommendations

Curbing Corruption in Government Contracting

Improving transparency in public procurement, that is publishing more and better-quality data, supports accountability by enabling greater scrutiny over processes and outcomes as well as helping to achieve greater competition and better value for money. GTI-R/2020:1, Budapest: Government Transparency Institute. Full text PDF Adam, I.,

Data 52
article thumbnail

India’s federal procurement data infrastructure

Curbing Corruption in Government Contracting

In India, according to the Ministry of Finance General Financial Rules (2017), all procuring authorities are responsible and accountable for ensuring transparency, fairness, equality, competition, and appeal rights in contracting.

Data 52
article thumbnail

Countdown To RIDW24: New Year, New Arbitration Hub: KSA’s Impressive Delivery On Its Promise to Create an Attractive Environment for Investors

Kluwer Arbitration

3), complemented by new Internal Rules , in effect since 1 July 2023, in an effort to further promote transparency and efficiency. An SCCA study of Saudi arbitration-related case law between 2017-2022 revealed that out of 131 annulment applications brought in Saudi courts, 92% were denied and only 3.8%

IT 52
article thumbnail

Measuring the benefits of open contracting: Case studies on Mexico, Paraguay, and Slovakia

Curbing Corruption in Government Contracting

GTI-WP/2020:01, Budapest: Government Transparency Institute. It establishes a robust methodology to explore what impacts can be measured and also explores the channels through which transparency is indeed impactful – e.g. who are the stakeholders and enablers that are the actual drivers of change using increased transparency.

Bidder 40
article thumbnail

Johannesburg Arbitration Week: Southern Africa to Step into the International Arbitration Spotlight

Kluwer Arbitration

JAW is a premier event, signifying South Africa’s increasing prominence in international arbitration, particularly since implementing the International Arbitration Act in 2017. Prior to 2017, AFSA managed a modest tally of international arbitrations. The impact of these developments on AFSA’s caseload has been remarkable.

Ethics 52