OLE - FLARE 2012 - GIORGIO BERETTA - Parte 1 di  9 - Economy and Arms
Channel: unimondo
Date: 2012-08-17

Otranto Legality Experience 2012  - Università di Lecce - GIORGIO BERETTA - Parte 1
"Economy and Arms: Money laundering, the stock market plots with official industry, the weight of lobbies on international political and commercial institutions, the financial support to amament production". Introduction in English, Speech in Italian.

Introduzione (in English and Italian)

SLIDE 1: CORRUPTION AND THE ARMS TRADE: SINS OF COMMISSION (SIPRI Yearbook 2011)
Studies suggest that corruption in the arms trade contributes roughly 40 per cent to all corruption in global transactions. This corruption exacts a heavy toll on purchasing and selling countries, undermining democratic institutions of accountability and diverting valuable resources away from pressing social needs towards corrupt ends.  A number of systemic features of the arms trade encourage corruption, of which two are particularly important. First, its deep and abiding link to matters of national security obscures
many deals from oversight and accountability. Second, the rubric of national security facilitates the emergence of a small coterie of brokers, dealers and officials with appropriate security clearances. These close relationships blur the lines between the state and the industry, fostering an attitude that relegates legal concerns to the
background.
SLIDE 2 and 3: CORRUPTION AND BRIBERY: INTERNATIONAL CASES:
1) The AL YAMAMAH AFFAIR: UK -- SAUDI ARABIA (Wikipedia) - The BAE Files (The Guardian): www.guardian.co.uk/world/bae
2) Germany - Greece: "How German Companies Bribed Their Way to Greek Deals (Der Spiegel)": Greece's rampant corruption is one of the reasons why the country's economy is in such a mess. German companies have taken advantage of the system for years in order to secure lucrative deals
3). Malaysia's Submarine Scandal Surfaces in France
4) Italy: FINMECCANICA
Source: In Italian with links to sources in English in UNIMONDO: "Corruzione e industria militare: una proposta per il presidente Monti" www.unimondo.org/Notizie/Corruzione-e-industria-militare-unaproposta-per-il-presidente-Monti-132022