Keyword: Transparency International

The MEPs earning millions of euros from jobs on the side

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European Parliament members attending a plenary session in Strasbourg in July 2018. © Vincent Kessler / Reuters. European Parliament members attending a plenary session in Strasbourg in July 2018. © Vincent Kessler / Reuters.

Almost a third of the 751 Members the European Parliament (MEPs) have earned a combined total of up to 41 million euros from outside activities over the four years since the current legislature was elected in 2014, according to a report published this week by anti-corruption organisation Transparency International. The numbers of MEPs remunerated for outside activities – which include working for private companies, lobbyists and investment funds – has risen dramatically since 2014, reveals the NGO which highlights a limp and ill-enforced code of ethics that allows numerous potential conflicts of interest among the lawmakers who are among the continent’s highest-paid elected representatives. Mediapart Brussels correspondent Ludovic Lamant reports.

Sailing away on 'ill-gotten gains'

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Teodoro Nguema Obiang Mangue, high-living son of the president of Equatorial Guinea and vice-president of the country, wanted by France and the United States on charges of money-laundering and embezzlement, is on the point of purchasing one of the world’s largest luxury yachts (pictured) for the sum of 200 million dollars. Mediapart has discovered that a company was especially set up in Equatorial Guinea to carry out the acquisition of the vessel from the family of the late Saudi crown prince Sultan bin Abdulaziz Al Saud. It is a remarkable snub to a French judicial investigation into so-called 'ill-gotten gains' of several African leaders and which has uncovered compelling evidence that Obiang Mangue and his father have acquired massive personal fortunes through illegally stripping the assets of the small west-central African state, where an estimated 75% of the population live below the poverty line. Fabrice Arfi reports.

Report sounds alarm over white-collar crime in France

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While President Nicolas Sarkozy has made cracking down on crime a hallmark of his policies, in particular regarding juvenile delinquents, French justice has become alarmingly coy in dealing with white-collar financial crime, according to a report from the French branch of the anti-corruption NGO Transparency International. Michel Deléan reviews the findings.