- Published on Friday, 23 January 2015 11:48
- Written by Saigoneer.
For World Bank Project Funded projects, Vietnam ranks 2nd in rates of corruption complaints.
Vietnam received 189 complaints, primarily in the agriculture, infrastructure and energy sectors, placing it only ahead of India (which registered 309) said bank official Anders Hjorth Agerskov at a recent workshop in Hanoi on development and governance in Vietnam, reports Thanh Nien.
According to Conchita Carpio Morales, ombudsmen of the Philippines, developing countries lose between US$20-40 billion a year as a result of corruption, bribery and embezzlement.
Having received around $80 billion in International Aid over the past 30 years, the country has allocated a large part of it to infrastructure projects concerning seaports, airports and urban development.
Deputy Inspector general of the Government Inspectorate, Tran Duc Luong, admitted there is a problem with corruption with International Assistance funds in Vietnam.
Luong went on to cite cases such as the Ministry of Transport’s Project Management Unit No. 18 case in 2005, the East-West Highway bribery incident of 2008 and the Urban Railway Project in Hanoi currently under investigation.
Further, Luong gave an explanation as to why fraud and corruption cannot be eliminated in International Aid funded projects, “Some people still think that ODA funds are grants. As a result, provinces, ministries and sectors often give top priority to getting ODA approved without paying attention to the effective use of the funds.”