CLEAN : G20 fails to deliver on anti graft pledges Transparency

The video discusses the initial optimism surrounding the G20's commitments to combat secrecy and corruption, followed by disappointment due to lack of action. It highlights the role of major economies like the US and China in the financial system and their poor performance in leading anti-corruption efforts. The FIFA indictment in the US is used as an example of how trusted intermediaries, such as bankers and financial advisors, facilitate corruption. The video emphasizes that responsibility lies not only with governments but also with professionals who enable corruption. It concludes with suggestions for government actions, such as public declarations of assets by officials, to address these issues.

What was the general sentiment a year after the G20 meeting in Brisbane regarding their commitments?

• Optimistic due to significant progress

• Indifferent to the outcomes

• Disappointed due to lack of action

• Satisfied with the efforts of all countries

Which countries were highlighted as not showing significant improvement in tackling corruption?

• US and China

• India and Brazil

• UK and Australia

• Germany and France

What role did trusted intermediaries play in the FIFA indictment according to the US Justice Department?

• They facilitated the bribery process

• They were victims of bribery

• They actively opposed the corruption

• They were unaware of the corruption

What is one of the consequences of not addressing secrecy issues rapidly?

• Increased public trust

• Improved international relations

• Financial gains for governments

• Significant financial losses globally

What measure can governments implement quickly to combat corruption?

• Reduce public spending

• Public declarations of assets by officials

• Privatize public services

• Increase taxes on corporations