2023 Q4


Issue No. 64, December 2023

The Asian Development Bank (ADB) celebrated International Anticorruption Day with the theme Green and Clean: Protecting Climate Finance from Corruption. ADB’s Office of Anticorruption and Integrity (OAI) launched an interactive exhibit on 5 December and held a knowledge-sharing session on 7 DecemberIn his welcome message, ADB President Masatsugu Asakawa reaffirmed ADB's commitment to upholding the highest ethical standards and emphasized that as the region’s climate bank, it is ADB's duty to protect climate projects from corruption by practicing transparency, integrity, and honesty.


The session's keynote speaker was Pulitzer Prize finalist, New York Times bestselling author, and former Wall Street Journal reporter, Bradley Hope. Hope highlighted that the fraud and theft which characterized Malaysia's 1MDB scandal is a stark reminder that when governance fails, the consequences can derail entire nations from their development paths.


 

WATCH: OAI presents two new iACT iTalk videos, featuring thought leaders on anticorruption and integrity in Asia and the Pacific. Former Undersecretary General for UN Internal Oversight Services, Heidi Mendoza, shares her insights on how audit controls and strong collaboration between Multilateral Development Banks and Supreme Audit Institutions can strengthen good governance. Anti-Corruption Organization of Thailand Executive Committee Member, Dr. Torplus Yomnak, shares how to leverage citizen engagement and open data to bolster anticorruption efforts.

 


Enhance your know-how on ADB’s integrity framework and integrity risk management tools. Access OAI’s latest learning materials on anticorruption and integrity. Watch training session recordings for Pakistani and Indonesian Executing and Implementing Agencies.


For training requests, contact iact@adb.org.


 

READ: Identifying Red Flags and Mitigating Integrity Risks in Projects

In this Development Asia article published 13 December, OAI shares lessons learned on integrity risk management in project procurement, contract and asset management, and financial management, drawing from its proactive integrity reviews of more than 100 ADB projects.

 

 

Office of Anticorruption and Integrity
Asian Development Bank, 6 ADB Avenue, Mandaluyong, Metro Manila, 1550 Philippines
Tel  +63 2 8632 5004 | Fax  +63 2 8636 2152
Email:  integrity@adb.org | anticorruption@adb.org
Report integrity violations through https://www.adb.org/integrity/report-violations