GULF COOPERATION COUNCIL CRACKS DOWN ON CORRUPTION
June 1st, 2010
BY PAUL COCHRANE
CORRUPTION, bribery and cronyism have long been a part of business in the six-member Gulf Cooperation Council (GCC) countries, with media reports of such malpractice few and far between yet alone prosecutions. But this taboo topic has started to hit headlines in the Gulf over the past year as prominent businessmen have been arrested for fraud, bribery cases investigated and governmental units set up to tackle the problem.
This progress of course follows a decade of transformation in the Gulf, with all countries experiencing rapid economic ...
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