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ADB Asian Development Bank – Updated: 13 February 2007.
ADB wants to remove the burden that corruption inflicts upon the economies of the region and the development process. One way that ADB does this is by ensuring its institutional integrity. ADB’s Anticorruption Policy requires all ADB-financed activity, including all ADB staff, adhere to the highest financial and ethical standards.
To help achieve this objective, the Anticorruption Policy established an investigative function within the Office of the Auditor General (OAG). To strengthen the supervision and management of its investigative, project procurement-related audit, and anticorruption awareness activities, ADB upgraded what was the Anticorruption Unit to the Integrity Division at the beginning of 2005.
ADB also supports governments’ efforts toward effective and transparent systems for public service, anti-bribery and business integrity, and active public involvement through the ADB/OECD Anti-Corruption Initiative for Asia-Pacific.
ADB has recently reviewed its implementation of the Anticorruption Policy.
Learn more about … (full text).
(See also: the Annual Report 2006 of the ADB (Asian Development Bank).