Today, French financial police raided the headquarters of the Paris 2024 Olympic Committee. According to Reuters, officers were looking into allegations of favoritism and embezzlement of public funds. A report in Politico states that the office of the French financial prosecutor (PNF) is also looking into allegations of misconduct at Solideo, an organization related to Olympic construction projects. Corruption and the Olympics have a rich history; in recent years, the Olympics in Rio and Tokyo have been dogged by corruption scandals. Despite the Olympic Committee partnering with Transparency International, Paris 2024 may be in the running for a gold medal in malfeasance.
Tag: Transparency International
The History of Transparency International
Transparency International was formed in 1993. Before then, corruption was not studied in depth by international organizations. Corruption and bribery in the developing world were often a necessary part of doing business. However, by 1995, TI established its head office in Berlin, Germany, and subsequently opened 26 chapters worldwide. They started the first global Corruption Perceptions Index, which ranked countries on the level of corruption domestically. In the first decade of the 2000s, TI had advocated for international organizations to create their own anti-corruption bodies. An example of this was the United Nations Convention Against Corruption, which required UN members to enforce anti-corruption laws and encourage global cooperation on corruption.
In the 2010s, Transparency International started to expand its focus. For example, they began to focus on the connection between corruption and climate change and how funds intended to reverse the effects of climate change could be mismanaged. As the 2010s progressed, TI became more focused on combating the use of shell companies and increasingly elaborate methods that heads of state and business people employ to hide away ill-gotten gains. In 2019 Transparency started to focus on the link between corruption and democracy. In particular, they have looked at the connection between democracy in a given country and the level of corruption.