How the World Bank is using data to better detect fraud and corruption

Last month, we marked International Anti-Corruption Day with a nod to the ways in bid_analysiswhich data tools are helping the World Bank and its partners detect and prevent fraud and corruption. I thought some elements of that discussion were worth sharing here.

The core mandate of the Integrity Vice Presidency (INT) is to investigate fraud and corruption in contracts financed by the World Bank. Where allegations of misconduct are substantiated through our Sanctions System process, companies may be banned from participating in future Bank-funded projects. This system is in place to protect scarce development resources from graft and duplicity; put simply, money that is supposed to help build schools and hospitals should not end up in the pockets of corrupt individuals.

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Fighting corruption: the importance is crystal clear

My parents didn’t know that the name they chose for me meant “transparent” in anticorruptionSpanish. But they did know the importance of transparency, honesty and integrity, and passed on to me these values when I was growing up in Bulgaria. I hold them dear in my work at the World Bank.

A lack of transparency fuels corruption, a corrosive force that hits the poor and the vulnerable the hardest. Its effects are very real. Corruption stops medicine and drugs from reaching the sick, stops schools from being built, leads to roads washing away in the rain, and empties the public coffers. In the most fragile corners of the world, corruption undermines work to bring stability or prevent violence and extremism from taking root. 

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