Corruption in Cyprus

This page reviews corruption in Cyprus .

Extent

The government of Cyprus has a history of corruption in the field of criminal law, and it is one of the most important elements of the Criminal Code Convention on Corruption citation needed ] . The strong and independent judicial system is able to ensure the protection of property rights; therefore, foreign investors do not consider corruption in Cyprus. [1]However, a whistleblowerprotection law is needed in the country in order to ensure an effective anti-corruption measure. It is also important to note that money-laundering remains a serious problem in the country. In addition, corruption scandals involving politicians from major political parties are not uncommon and when they get uncovered, little to no effort in taken to pursuing them. The usual “defense” employed by political politicians, involves official statements that “they know too much” and if their case is pure, they will uncover dirt involving other political party members. [2]

Transparency International’s 2016 Corruption Perception Index ranks the country 47th place out of 176 countries. [3] 2013 Global Corruption Barometer report of TI shows that 72% of respondents believe that level of corruption in Cyprus [4]

See also

  • cyprus

References

  1. Jump up^ “2013 Investment Climate Statement – Cyprus” . The US Department of State . The US Department of State . Retrieved 17 November 2013 .
  2. Jump up^ “Snapshot of the Cyprus Country Profile” . Business Anti-Corruption Portal . GAN Integrity Solutions . Retrieved 17 November 2013 .
  3. Jump up^ “Corruption Perception Index 2016” .
  4. Jump up^ eV, Transparency International. “Cyprus 2013 – World’s largest opinion survey on corruption – Transparency International” . www.transparency.org . Retrieved 2017-06-22 .

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