MercoPress. South Atlantic News Agency
Brazil corruption money: “between 32 and 53bn dollars in 2013” says FIESP
Corruption is not new in Brazil nor does it surprise public opinion but the magnitude of such extended practice is only coming to light with a recent study from the powerful manufacturing lobby, FIESP (Federation of Industries of Sao Paulo State) which states that the average annual cost of corruption in the country is between 1.38% and 2.3% of GDP, which the World Bank in 2012 estimated at 2.3 trillion dollars. Read full article
Comments
Disclaimer & comment rulesFIESP assessments just look at the headline figures for corrupt take-off from public works.
Nov 30th, 2013 - 01:17 pm - Link - Report abuse 0But at every stage of the planning and build process there is skimming - and money set aside to cover it. The money is rarely returned to the pot if the particular phase of the project under-shoots the contingency.
The corrupt take-off is a compound figure that probably massively exceeds the $50 billion that FIESP says is the *accounted-for* figure.
So much corrupt 'take' is now woven into the day to day management of society's activities that it no longer counts as corruption - getting your own goods released from bonded warehouses is just one are with which I am intimately and painfully knowledgeable.
Despachantes operate in all spheres of life http://www.brazilmax.com/columnist.cfm/idcolumn/101
No, this country suffers from a MUCH bigger corruption problem than even the FIESP 'official' figures indicate.
Why is it so hard to keep bandits in Brazil? “ Ou o Brasil derrota as saúvas, ou as saúvas derrotam o Brasil”
Nov 30th, 2013 - 02:29 pm - Link - Report abuse 0This violence is worse than slavery. We have food, we have housing, improved education, have jobs. However, do not leave home. Kidnapping, robbery, theft, gangs, we encounter in our beautiful streets in the South and Southeast of Brazil.
Bras.
Nov 30th, 2013 - 04:25 pm - Link - Report abuse 0You should try it in the North East!
@ 2 Brasileiro
Nov 30th, 2013 - 06:34 pm - Link - Report abuse 0I am a bit unsure why you would WANT to keep bandits in Brazil and even what ants have to do with anything.
But don’t forget folks, the corruption had NOTHING to do with St Lula and if anybody dares to say different Lula will send his thugs round to see you, which he hasn’t got either.
Hang on a minute, are you telling me they skimmed off 32 -53Billion?
Nov 30th, 2013 - 11:33 pm - Link - Report abuse 0Shit, that's the GDP of some countries.
No wonder the fuckers demonstrate!
@3 Geoff & 2 Brasileiro
Dec 01st, 2013 - 07:40 am - Link - Report abuse 0So what to you two believe accounts for this level of violence? I would interested in a perspective from people who live in Brazil.
@6
Dec 01st, 2013 - 04:04 pm - Link - Report abuse 0If I talk, call me a racist. JOKE!
I think that impunity is the big problem. Institutions should work these problems are formed by people who only see their chairs and noble titles.
People who live at the expense of the state and did not offer the job we need.
@7 Brasileiro
Dec 01st, 2013 - 04:29 pm - Link - Report abuse 0Thank you for your reply.
( I don't get the joke - but don't worry I'm not going to call you a racist ).
You're Welcome, German name.
Dec 01st, 2013 - 04:53 pm - Link - Report abuse 0https://www.youtube.com/watch?v=Cgovv8jWETM&list=FLmXPTu1f8AdGlizWNiASx2A
@9 Brasileiro
Dec 02nd, 2013 - 01:48 am - Link - Report abuse 0Lol. My friends call me Dave. Thanks for the video, I'm not much of a Coldplay song, but that is a cool song.
We have much to thank “latam” for. Here is an example. So much quicker to type “latam” instead of “corruption, criminal, larceny, mendacity”.
Dec 02nd, 2013 - 12:52 pm - Link - Report abuse 0Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!