14 Nov 2011

TI Russia to Monitor Corruption in State Enterprises

Transparency International’s National Chapter in Russia announced today that it will be assessing state companies in the next months, in order to verify whether anti-corruption measures have been put in place in those institutions and also whether they have been effective or not.

According to Elena Panfilova, head of the organization, their analysis will also look into state companies’ business transactions and check for possible irregularities.

TI Russia has already checked the state civil nuclear company Rosatom this year and problems in procurement processes have been identified. The institution has notified the company and sent a list with recommendations.

Read the full article Russia’s anti-corruption watchdog to check state companies in 2011 on en.rian.ru. The picture featured above is from forbes.com.