Singapore still the least corrupt in Asia
By Zakir Hussain, Political Correspondent
SINGAPORE continues to be the least corrupt country in Asia but the recession could see a rise in corruption in its private sector, says a Hong Kong-based consulting firm.
This is because with the economy stuck in its deepest recession in years, more businessmen could resort to corruption to make ends meet.
The Political and Economic Risk Consultancy (Perc) made this observation in its latest annual survey of perceptions of corruption in the region.
By Zakir Hussain, Political Correspondent
SINGAPORE continues to be the least corrupt country in Asia but the recession could see a rise in corruption in its private sector, says a Hong Kong-based consulting firm.
This is because with the economy stuck in its deepest recession in years, more businessmen could resort to corruption to make ends meet.
The Political and Economic Risk Consultancy (Perc) made this observation in its latest annual survey of perceptions of corruption in the region.