Most countries do little to combat corruption in arms trade, study finds

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http://www.rawstory.com/rs/2013/01/29/most-countries-do-little-to-combat-corruption-in-arms-trade-study-finds/



Transparency International estimates cost of corruption in defense sector amounts to at least $20 billion a year

Most countries, including a large majority of the world’s biggest weapons importers, lack the tools to prevent corruption in the arms trade, according to an unprecedented international study of national defense ministries and armed forces.

A number of Britain’s most lucrative existing and potential markets for arms, including Saudi Arabia, Indonesia and Oman, are among countries where there is “a very high risk” of corruption, says Transparency International (TI) in a report released on Tuesday.

TI, a charity set up to combat corruption and promote good practice in commerce and industry, describes its study as the first index measuring how – or whether – governments counter corruption in defense.

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1. Money talks. What else is new? N/T