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UK Prime Minister is fueled by FIFA scandal to fight corruption

Saturday, June 6th, 2015: BMG: Prime Minister of the United Kingdom, David Cameron will join U.S President Barrack Obama, along with other Prime Ministers in a G7 summit to be hosted at Schloss Elmau in the Bavarian Alps by Germany’s Chancellor Angela Merkel.

Topics like climate change and sustainable development have been put at the top of the agenda for the annual summit of the world’s leading industrialized economies, which gets under way on Sunday, but Cameron plans to use this summit to call for an international effort to clean up governments and business. CAMERON-POINT_2690622b

The thorn in Cameron’s side is the corruption at FIFA which has led to 14 officials being charged by the U.S justice department for accepting bribes and kickbacks, estimated at more than US$150 million over a 24 year period.

British officials said David Cameron will speak of a “cancer of corruption that poisons and stifles” and Cameron, speaking before the G7 summit said: “the issues surrounding FIFA were an opportunity to learn a broader lesson about tackling corruption. Just as with FIFA, we know the problem is there but there is something of an international taboo over pointing the finger and stirring up concerns. At international summits, leaders meet to talk about aid, economic growth and how to keep our people safe but we just don’t talk enough about corruption. This has got to change. We have to show some of the same courage that exposed FIFA and break the taboo on talking about corruption.”

The Organization for Economic Co-operation and Development (OECD) believes corruption costs about 5% of global GDP annually, while in developing countries it can add 25% to the cost of procurement, Mr. Cameron will say. He will cite World Bank estimates that corruption adds 10% to business costs worldwide, with the equivalent of one trillion US dollars paid in bribes every year.

Cameron will also call for action in the coming months to focus the efforts of the various international organisations tasked with combating corruption, to ensure that they are working effectively with one another.

Prime Minister of the United Kingdom, David Cameron will join U.S President Barrack Obama, along with other Prime Ministers in a G7 summit to be hosted at Schloss Elmau in the Bavarian Alps by Germany’s Chancellor Angela Merkel. Topics like climate change and sustainable development have been put at the top of the agenda for the annual summit of the world’s leading industrialized economies, which gets under way on Sunday, but Cameron plans to use this summit to call for an international effort to clean up governments and business.

The thorn in Cameron’s side is the corruption at FIFA which has lead to 14 officials being charged by the U.S justice department for accepting bribes and kickbacks, estimated at more than US$150 million over a 24 year period.

British officials said David Cameron will speak of a “cancer of corruption that poisons and stifles” and Cameron, speaking before the G7 summit said: “the issues surrounding FIFA were an opportunity to learn a broader lesson about tackling corruption. Just as with FIFA, we know the problem is there but there is something of an international taboo over pointing the finger and stirring up concerns. At international summits, leaders meet to talk about aid, economic growth and how to keep our people safe but we just don’t talk enough about corruption. This has got to change. We have to show some of the same courage that exposed FIFA and break the taboo on talking about corruption.”

The Organization for Economic Co-operation and Development (OECD) believes corruption costs about 5% of global GDP annually, while in developing countries it can add 25% to the cost of procurement, Mr. Cameron will say. He will cite World Bank estimates that corruption adds 10% to business costs worldwide, with the equivalent of one trillion US dollars paid in bribes every year.

Cameron will also call for action in the coming months to focus the efforts of the various international organizations tasked with combating corruption, to ensure that they are working effectively with one another.

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