Singapore Is The Third Most Corrupt-Free Country In The World
The 2018 Corruption Perceptions Index has ranked Singapore in third place in its annual worldwide rating.
The index rates countries from zero to 100, with zero denoting the most corrupt. Singapore earned a score of 85 and claimed the third position globally in a 4-way tie with Finland, Sweden and Switzerland.
It has also moved three spots further up from last year when it ranked sixth.
Corrupt Practices Investigation Bureau (CPIB) director Denis Tang said Singapore’s corruption situation is under control with its public service recognised as one of the cleanest in the world.
“Incidence of public sector corruption remains low with an average of eight public sector employees prosecuted for corruption and related offences over the last three years,” Tang said, Straits Times reports.
Wilson Ang, a partner with global law firm Norton Rose Fulbright was quoted by the daily highlighting the important role that Singapore’s legal framework plays in fighting regional corruption.
“The concern remains that Singapore is in a region rife with corruption,” Ang said that the nation needs to be more vigilant than ever.
The index compiled yearly by Transparency International (TI) ranks countries on their perceived levels of public-sector corruption. Denmark claimed the top spot followed by New Zealand in second place. On the other end of the scale, the bottom countries are Somalia, Syria and South Sudan scoring 10, 13 and 13, respectively.
According to TI, more than two-thirds of countries scored below 50 this year, with an average score of just 43. United States has also dropped out of the top 20 countries on the CPI for the first time since 2011, managing to score only 71.
The report further noted that political leaders who run on a populist platform are gaining power and undermining democracy, with high corruption rates contributing to increased support for populist candidates.