Defense Firms’ Anti-Corruption Efforts Scrutinized | Aviation International News

Defense Firms’ Anti-Corruption Efforts Scrutinized

By Chris Pocock • Defense Correspondent

October 5, 2012

Multinational pressure group Transparency International has published a study claiming that two-thirds of the world’s biggest defense companies “do not provide enough public evidence about how they fight corruption.” The group says that its Defense Companies Anti-Corruption Index studied the 129 biggest defense companies worldwide with a combined revenue of over $500 billion. Transparency International estimates the global cost of corruption in the defense sector to be at least $20 billion per year, based on data from the World Bank and SIPRI. It claims that the top leadership at defense companies “do not publicly speak up enough on the importance of preventing corruption.”

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