Financial Crime World

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Chad Fails to Address Corruption, Undermining Financial Integrity

N’DJAMENA - Despite efforts to combat corruption, Chad remains one of the most corrupt countries in the world, according to the 2022 Corruption Perceptions Index (CPI). The index, released earlier this year, reveals that most countries are failing to stop corruption, with Chad scoring a dismal 30 out of 100.

The CPI Report

The CPI ranks 180 countries and territories by their perceived levels of public sector corruption. The global average remains unchanged at just 43 out of 100, with more than two-thirds of countries scoring below 50. In Chad’s case, the country’s low score is attributed to widespread corruption in government institutions, law enforcement agencies, and private sector organizations.

Conflict and Corruption: A Corrupt Cycle

The correlation between conflict and corruption is starkly evident in Chad, where insecurity and political instability have created an environment conducive to corruption. The country has been plagued by conflict for decades, with corruption playing a key role in undermining government efforts to maintain security and stability.

  • “Corruption undermines governments’ ability to protect people and erodes public trust, provoking more and harder-to-control security threats,” said Daniel Eriksson, Chief Executive Officer of Transparency International.
  • “In Chad’s case, the lack of transparency and accountability has allowed corruption to thrive, perpetuating a cycle of violence and instability.”

A Call for Action

To combat corruption in Chad, experts say that governments must open up space for public participation in decision-making processes. This includes engaging with civil society organizations, marginalized communities, and young people to raise awareness about the impact of corruption.

  • “Leaders can fight corruption and promote peace all at once,” Eriksson emphasized.
  • “Governments must prioritize transparency and accountability, and engage with citizens to root out corruption and demand a safer world for all.”

Regional Insights

The CPI 2022 report highlights regional differences in combating corruption. While some countries have made progress, others, including those in Eastern Europe and Central Asia, are facing significant challenges in addressing corruption.

  • In Chad’s region, the Middle East and North Africa, corruption is undermining democratic processes and fuelling violence.
  • In other parts of Africa, such as Sub-Saharan Africa, restrictions on civic space and basic freedoms continue to hinder anti-corruption efforts.

Conclusion

The report concludes that tackling corruption requires a sustained effort from governments, civil society, and citizens alike. Until then, Chad’s financial integrity will remain at risk, perpetuating a cycle of corruption and instability.