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Bribe, Swindle or Steal

"Promoting Integrity in the Work of International Organisations"

Bribe, Swindle or Steal

Alexandra Addison-Wrage of TRACE International

News, Business, Business News

4.9582 Ratings

🗓️ 24 November 2021

⏱️ 19 minutes

🧾️ Download transcript

Summary

Duncan Smith of the European Investment Bank joins the podcast to discuss his book: Promoting Integrity in the Work of International Organisations: Minimising Fraud and Corruption in Projects. He discusses the unique role of multinational development banks, the progress that remains and the cost of getting it wrong.

Transcript

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0:00.0

Welcome back to the podcast, bribe, swindle, or steel. I'm Alexandra Rogge, and my guest today is Duncan Smith.

0:13.0

Duncan is currently the deputy head of fraud investigations at the European Investment Bank in Luxembourg.

0:19.0

Prior to this role, he spent time at the serious fraud office

0:21.4

in London and the World Bank in Washington. He is also, for our purposes today, the author of

0:26.8

promoting integrity in the work of international organizations, minimizing fraud and corruption

0:32.2

in projects. Duncan, thank you for joining me. Nice to be here. Let's start with a motivation for this book.

0:39.4

Everyone listening to this podcast is interested in anti-bribery and interested in compliance,

0:44.1

but why do we need a book on promoting integrity in the work of international organizations

0:49.7

specifically?

0:51.1

Can you give us your thoughts on that?

0:53.2

What I was trying to do was gather together

0:55.4

a number of different things, procurement rules and sanction rules and all the other

1:00.7

controls that are in place, both in international organisations and also the way corporates

1:07.6

undertake such projects and try to gather it all in one place so that people can

1:12.3

have a think about it and maybe students can think, you know, about governance issues and

1:17.5

procurement issues and ethics issues. Maybe lawyers can think about terms and conditions and

1:23.2

try and pull all the different strands together in a very simple book.

1:27.4

In what ways are the compliance challenges of international organizations different from,

1:34.3

I suspect, most of our listeners are in the private sector. It's difficult to know with the

1:38.4

podcast. But in what way are their challenges different from the challenges you're looking at here?

1:45.1

In many ways, they're very different because they have a defined market and effective law

1:51.3

enforcement and procurement and regulation.

...

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