{"id":120809,"date":"2020-12-08T10:15:38","date_gmt":"2020-12-08T14:15:38","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=120809"},"modified":"2020-12-08T10:18:56","modified_gmt":"2020-12-08T14:18:56","slug":"corruption-caution-urged-amid-covid-19-pandemic","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/corruption-caution-urged-amid-covid-19-pandemic\/","title":{"rendered":"Corruption Caution Urged Amid COVID-19 Pandemic"},"content":{"rendered":"
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CDB PRESS RELEASE:<\/strong><\/strong>\u00a0<\/strong><\/p>\n

The current COVID-19 pandemic has put into sharp focus the thorny and constantly evolving nature of corruption, and how it can reverse development gains in the Caribbean.<\/p>

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President<\/strong>\u00a0of the\u00a0Caribbean Development Bank<\/strong>\u00a0(CDB),\u00a0Dr Wm. Warren Smith<\/strong>\u00a0sounded this warning today as he opened the inaugural Caribbean Conference on Corruption, Compliance, and Cybercrime, jointly hosted by CDB and the World Bank.<\/p>

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\u201cAnt\u00f3nio Guterres, Secretary-General of the United Nations, reminded us that corruption thrives in times of crisis. We must, therefore, maintain our vigilance as COVID-19 responses open new avenues for exploiting weak oversight systems<\/em>,\u201d noted the Bank\u2019s\u00a0President<\/strong>.<\/p>\n

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He added that corruption was \u201can age-old problem<\/em>\u201d with \u201ca remarkable capacity for reinvention<\/em>\u201d and stressed that it was critical for financial institutions such as CDB to employ diverse strategies to stay ahead of those who seek to \u201ccircumvent systems and processes<\/em>.\u201d<\/p>\n

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The virtual conference, which runs from December 7 to December 8, is one such strategy by the Bank,\u00a0Dr Smith<\/strong>\u00a0stated.<\/p>

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He noted that the conference includes topics \u201cnot typically addressed under the rubric of corruption<\/em>\u201d such as the roles of women, youth and media and emphasised this was because the Bank believes in a multi-pronged approach to combating corruption, involving all actors within society.<\/p>\n

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\u201cCorruption matters, even when it is not in our peripheral vision. It matters to governments and corporate leaders because of the speed with which it can lead to significant financial and reputational damage and retard economic development.<\/em><\/p>\n

It matters to our youth, the next generation of employers, workers and service providers who will face constant temptation when they enter the workplace, and sometimes, even earlier.<\/em><\/p>\n

And it matters to our citizens who pay the price for corruption through reductions in the quantity and quality of social services, decaying infrastructure, and inefficient state institutions,\u201d<\/em>\u00a0said\u00a0Dr Smith<\/strong>.<\/p>\n

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The two-day conference features leading officials for integrity at key international development institutions\u2013 CDB\u2019s\u00a0Dr Toussant Boyce<\/strong>,\u00a0Head\u00a0<\/strong>of its\u00a0Office of Integrity, Compliance and Accountability<\/strong>,\u00a0Vice-President of Integrity<\/strong>,\u00a0World Bank Group,\u00a0Mouhamadou Diagne<\/strong>\u00a0and\u00a0Laura Profeta<\/strong>,\u00a0Chief, Office of Institutional Integrity<\/strong>\u00a0at the Inter-American Development Bank.<\/p>\n

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The second day of the conference will also feature a virtual roundtable with the Attorneys General of The Bahamas, Barbados, Guyana, Grenada, Jamaica and Trinidad and Tobago, focused on issues including anti-money laundering, countering the financing of terrorism, sanctions compliance risks, blacklisting and dealing with illicit financial flows.<\/p>\n<\/div>\n

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CDB PRESS RELEASE:\u00a0 The current COVID-19 pandemic has put into sharp focus the thorny and constantly evolving nature of corruption, and how it can reverse development gains in the Caribbean.   President\u00a0of the\u00a0Caribbean Development Bank\u00a0(CDB),\u00a0Dr Wm. Warren Smith\u00a0sounded this warning today as he opened the inaugural Caribbean Conference on Corruption, Compliance, and Cybercrime, jointly hosted […]<\/p>\n","protected":false},"author":3,"featured_media":110660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[118,119,117,116,107,88,102,94,96,91,90,99,92,114,115,98,108,106,104,109,95,105,110,112,113,111,101,103,97],"class_list":["post-120809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-268-antigua","tag-268-antigua-barbuda","tag-268-antigua-today","tag-268-today","tag-advertise-in-antigua","tag-antigua","tag-antigua-barbuda","tag-antigua-and-barbuda","tag-antigua-breaking-news","tag-antigua-caribbean","tag-antigua-crime","tag-antigua-economy-news","tag-antigua-news","tag-antigua-news-rooom","tag-antigua-observer","tag-antigua-politics","tag-antiguan-news","tag-barbuda","tag-barbuda-news","tag-barbudan-news","tag-breaking-news-antigua","tag-news","tag-news-antigua","tag-news-antigua-barbuda","tag-news-antigua-and-barbuda","tag-news-barbuda","tag-news-in-antigua","tag-news-in-barbuda","tag-tourism-news"],"yoast_head":"\nCorruption Caution Urged Amid COVID-19 Pandemic - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/corruption-caution-urged-amid-covid-19-pandemic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corruption Caution Urged Amid COVID-19 Pandemic\" \/>\n<meta property=\"og:description\" content=\"CDB PRESS RELEASE:\u00a0 The current COVID-19 pandemic has put into sharp focus the thorny and constantly evolving nature of corruption, and how it can reverse development gains in the Caribbean.   President\u00a0of the\u00a0Caribbean Development Bank\u00a0(CDB),\u00a0Dr Wm. Warren Smith\u00a0sounded this warning today as he opened the inaugural Caribbean Conference on Corruption, Compliance, and Cybercrime, jointly hosted […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/corruption-caution-urged-amid-covid-19-pandemic\/\" \/>\n<meta property=\"og:site_name\" content=\"Antigua News Room\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiguanewsroom\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-08T14:15:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-08T14:18:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/05\/SmithBrown-534x450-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"534\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:site\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/corruption-caution-urged-amid-covid-19-pandemic\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/corruption-caution-urged-amid-covid-19-pandemic\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\"},\"headline\":\"Corruption Caution Urged Amid COVID-19 Pandemic\",\"datePublished\":\"2020-12-08T14:15:38+00:00\",\"dateModified\":\"2020-12-08T14:18:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/corruption-caution-urged-amid-covid-19-pandemic\/\"},\"wordCount\":415,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/corruption-caution-urged-amid-covid-19-pandemic\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:534\/h:450\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/05\/SmithBrown-534x450-1.jpg\",\"keywords\":[\"268 Antigua\",\"268 Antigua & Barbuda\",\"268 Antigua Today\",\"268 Today\",\"Advertise in Antigua\",\"Antigua\",\"Antigua & Barbuda\",\"Antigua and Barbuda\",\"Antigua Breaking News\",\"Antigua Caribbean\",\"Antigua Crime\",\"Antigua Economy News\",\"Antigua News\",\"Antigua News Rooom\",\"Antigua Observer\",\"Antigua Politics\",\"Antiguan News\",\"Barbuda\",\"Barbuda News\",\"Barbudan News\",\"Breaking News Antigua\",\"News\",\"News Antigua\",\"News Antigua & Barbuda\",\"News Antigua and Barbuda\",\"News Barbuda\",\"News in Antigua\",\"News in Barbuda\",\"Tourism News\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/corruption-caution-urged-amid-covid-19-pandemic\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/corruption-caution-urged-amid-covid-19-pandemic\/\",\"url\":\"https:\/\/antiguanewsroom.com\/corruption-caution-urged-amid-covid-19-pandemic\/\",\"name\":\"Corruption Caution Urged Amid COVID-19 Pandemic - 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