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Multinational companies could be forced to reveal far more about their finances in the Global South following a European Commission move welcomed by Christian Aid.
Campaigners have welcomed the news that arms giant BAE Systems is to have its accounts investigated by the Accountancy and Acturial Discipline Board.
Government ministers seem to be rather confused about their attitude to fraud.
Faced with allegations of corruption in five continents, the arms company BAE Systems have agreed with the Serious Fraud Office (SFO) to pay out £30 million and admit to criminal charges involving “accounting irregularities”.