Malta Scores Worst Ever Result on Corruption Index
Malta has taken a significant step backward in the fight against corruption, according to a recent report by Transparency International. The country’s ranking on the global corruption index has plummeted to its lowest ever level, sparking concerns over financial corruption and erosion of the rule of law.
Decline from Previous Years
Malta scored 53 out of 100 in the latest report, a dismal decline from last year’s score and a seven-point drop since 2015. This ranking is particularly concerning given that Malta is one of only 22 countries that “significantly” worsened their scores in 2020.
Corruption Challenges
According to Transparency International, Malta faces significant corruption challenges due to its weak rule of law and the normalization of corrupt practices as a cornerstone of its economy. The report highlights the need for urgent reform to address these issues.
Assassination of Journalist Daphne Caruana Galizia
The assassination of journalist Daphne Caruana Galizia in 2017 exposed deep-seated corruption at high levels of government, underscoring the need for immediate action. Despite recent judicial reforms aimed at addressing these issues, Transparency International warns that they fall short of ensuring full independence from the legislative and executive branches.
Economic Dependence on Corrupt Practices
Malta’s economy has long been dependent on corrupt practices, with institutions failing to address this issue. The country’s reliance on its “golden visa” scheme has raised concerns over its role as a conduit for corrupt money laundering.
EU Values at Risk
The report concludes that Malta is at a crossroads, torn between its desire to be part of the European Union and its failure to respect EU values. Transparency International warns that the path chosen by Malta will determine whether corruption continues to flourish unchecked, threatening not only its own citizens but also its European neighbors.
Global Corruption Index Rankings
The top countries on the index are Denmark and New Zealand, with scores of 88. At the bottom of the list are Syria, Somalia, and South Sudan, which scored 14, 12, and 12 respectively.
Conclusion
Malta’s worst ever ranking on the corruption index is a wake-up call for the country to take immediate action to address its corruption challenges. The path ahead will be crucial in determining whether Malta can respect EU values and join the ranks of countries with low levels of corruption.