Remove 2023 Remove Corruption Remove Transparency
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Empowering auditors: Indonesia uses data-driven oversight to clean up its corruption-prone procurement sector

Open Contracting Partnership

Challenge: Indonesia’s public procurement sector is highly vulnerable to corruption. Public procurement stands out as the most vulnerable sector to corruption in Indonesia. The collaboration revolves around the corruption risk monitoring platform, Opentender.net , developed by ICW and the national public procurement agency LKPP.

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Malaysia Plans to Offer Whistleblower Awards as Part of New Anti-Corruption Strategy

Whistleblower Network News

On May 7, the Malaysian government launched its 2024-2028 National Anti-Corruption Strategy (NACS), a continuation of its 2019 National Anti-Corruption Plan (NACP) that ended in 2023. The country enjoyed comparatively marginal improvements, rising to 61st in 2022 and 57 in 2023. billion) between 2018 and 2023.

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Tackling Corruption in the Arbitral Process: Reflections on Nigeria v Process and Industrial Developments Limited

Kluwer Arbitration

On 23 October 2023, the English High Court handed down a landmark decision setting aside a USD 11 billion arbitral award (the final award) obtained by a British Virgin Islands (“BVI”) company, Process and Industrial Developments Limited (“P&ID”), against the Federal Republic of Nigeria.

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Was UK’s Covid PPE procurement even worse than we thought? New analysis raises more red flags

Open Contracting Partnership

Transparency International UK (TI-UK) just dropped a damning report on the UK’s pandemic-era procurement of PPE. billion as having three or more red flags for corruption risks and conflicts of interest (see Annex 3 of the report for 14 red flags they used). Transparency was MIA In a crisis, transparency and trust are key.

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Innovation procurement under the Procurement Act 2023 -- changing procurement culture on the cheap?

How to Crack a Nut

On 13 November 2023, the UK Government published guidance setting out its ambitions for innovation procurement under the new Procurement Act 2023 (not yet in force, of which you can read a summary here). 94 PA 2023). 20 PA 2023). Therefore, that greater investment in expertise needs to be coupled with a culture change.

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2023 Year in Review: Human Rights and ISDS – Same Play, Different Actors

Kluwer Arbitration

Looking back on 2023, we identify two trend areas: 1) drafting of new International Investment Agreements (“IIAs”) and model agreements; and 2) cases (including with amicus submissions) at the intersection of human rights and ISDS. According to UNCTAD, only one model agreement was released in 2023.

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2023 Year in Review: Latin America and Investment Arbitration

Kluwer Arbitration

ICSID reported that, out of the new forty-five registered cases, twenty-one were brought against Latin American and Caribbean states (the annual report covers the fiscal year from July 1, 2022 to June 30, 2023). Further, the easement on US sanctions on Venezuela in 2023 might also impact the foreign investment the country receives.