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Bribe, Swindle or Steal

Hong Kong's ICAC

Bribe, Swindle or Steal

Alexandra Addison-Wrage of TRACE International

Business, News, Business News

4.9582 Ratings

🗓️ 31 January 2018

⏱️ 23 minutes

🧾️ Download transcript

Summary

Commissioner Simon Peh of Hong Kong's Independent Commission Against Corruption discusses its mandate, tools, successes and future challenges.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to the podcast. I'm Alexander Rogi, and today I'm in Vibrant Hong Kong with Commissioner Simon Pei of the Independent Commission Against Corruption, the ICAC.

0:16.0

Mr. Pay has been Commissioner of the ICAC since 2012, and the organization will be known to many of you as a formidably effective group and a model for other anti-corruption bodies across Asia and elsewhere.

0:29.7

So thank you for joining me, Commissioner.

0:31.4

Welcome, Acendra.

0:32.6

Why don't you start by just providing an overview of the ICAC?

0:40.3

I think it is an older organization, the most people know, older than the FCPA in the United States, and how it's structured and the three

0:46.2

pillars that you often talk about. The ICAC was established in 1974. At that time, the corruption

0:52.8

problem in Hong Kong was very rampant. And at that time,

0:56.2

the government has a determination

0:57.9

to set up this independent

0:59.8

agency to tackle corruption

1:01.9

problem. The organization

1:03.9

has been very successful,

1:06.0

and the serious corruption

1:07.8

problem basically was

1:09.5

remedied in 10, 15 years. And after that, we have been

1:16.9

keeping the society clean, corruption free. And up to now, I think Hong Kong is one of the cities

1:24.9

in the world which has least corruption.

1:28.3

From the outset, our organization is, we call it a three-prong approach.

1:32.3

We have the enforcement division, which will deal with the law enforcement.

1:39.3

We have the Community Relations Department which would deal with education,

1:44.9

purposeity, and enlisting support.

...

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