: :inin Kyiv (EET)

Ukraine leads in corruption rating of 41 countries of Europe, the Middle East, India and Africa


Ukraine tops the fraud rating composed of 41 countries of Europe, the Middle East, India and Africa (EMEIA), according to a 2017 fraud survey conducted at the request of Ernst & Young.

Some 51% of EY Fraud Survey respondents still think that the problem of bribery and corruption is pressing.

Some 27% of the polled claim that bribery is an acceptable means of acquiring contracts in the business environment of their countries, this includes 14% of respondents from Western Europe.

Ukraine ranks first among the 41 countries, as 88% of its respondents confirmed instances of fraud. Yet, Denmark, Norway and Finland can boast the lowest level of corruption in the corporate sector.

Bribery/corrupt practices happen widely in business in this country
Rank 2017 Country % 2017 % 2015 L4L Rank* Rank 2015
1 Ukraine 88 80 1 7
2 Cyprus 82 N/A N/A N/A
3 Greece 81 69 2 12
4 Slovakia 81 78 3 8
5 Croatia 79 92 4 1
6 Kenya 79 90 5 2
7 South Africa 79 78 6 9
8 Hungary 78 73 7 10
9 India 78 80 8 6
10 Egypt 75 64 9 15
11 Slovenia 74 87 10 3
12 Nigeria 73 72 11 11
13 Italy 71 67 12 14
14 Bulgaria 68 N/A N/A N/A
15 Turkey 67 63 13 16
16 Russia 66 60 14 18
17 Spain 64 69 15 13
18 Czech Republic 63 61 16 17
19 Portugal 60 82 17 5
20 Serbia 57 84 18 4
21 Jordan 53 N/A N/A N/A
22 Latvia 51 55 19 19
23 Ireland 47 50 20 20
24 Lithuania 47 45 21 21
25 Germany 43 26 22 30
26 Saudi Arabia 43 44 23 22
27 Poland 38 43 24 23
28 Belgium 36 34 25 27
29 Austria 32 42 26 24
30 Estonia 32 21 27 33
31 Romania 31 39 28 25
32 France 28 29 29 28
33 UAE 27 24 30 31
34 UK 25 27 31 29
35 Netherlands 23 13 32 34
36 Oman 19 36 33 26
37 Sweden 18 10 34 37
38 Switzerland 18 12 35 35
39 Finland 16 11 36 36
40 Norway 10 21 37 32
41 Denmark 6 4 38 38

Source: EY EMEIA Fraud Survey 2017 Human instinct or machine logic – which do you trust most in the fight against fraud and corruption?
Table shows percentage of respondents answering yes.
*Average of all respondents: 2017 51%, 2017 L4L, 2015 51% (L4L = Like for Like – countries that were surveyed in both 2015 and 2017).

Oleksiy Kredisov, Managing Partner, EY Ukraine, says that ”the lack of economic growth and absence of improvements in the business climate in our country in combination with the inefficient system of penalties may push businessmen for violation of ethical business conduct.”


See also: Hudson Institute launched the Kleptocracy Archive: Poroshenko on the front page

To let their business run, at least 37% of respondents claim they are ready to offer financial incentives in exchange for concluding or extending a contract.

”Regulatory norms have had a positive impact on ethical standards only in 12% of the surveyed companies,” the survey said. ”However, almost a third of the pollees believe that making certain employees criminally liable will contribute to prevention of fraud, bribery and corruption among top managers.”


See also: 20 Ukrainians exposed in Panama Papers leak including President Poroshenko

”These are very disturbing indicators which should be taken into account by the political elite, in particular, members of the legislative, executive and judicial branches of power in Ukraine. There should be concrete deeds and case studies of personal responsibility at the highest level,” Kredisov said.

A total of 4,100 representatives of large companies from 41 countries were surveyed. Among the interviewees were members of boards of directors, middle and top managers, and other employees representing companies different in size and from different industries. In Ukraine, 100 corporate workers took part in the survey.

In 2015, Ukraine ranked seventh in EY`s EMEIA Fraud Survey.


See also: E-declaration in Ukraine: Head of State Tax Service declared $1,16M & EUR 450,000 in cash, Finance Minister – $155,000 in cash

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