Financial Crime Financial Crime

Multinational development banks using new tools to confront corruption, officials say

By Robert Thomason
  • 25 Jan 2022 11:46
  • 25 Jan 2022 11:46
The World Bank and the Asian Development Bank have developed new programs to monitor loans to developing countries to prevent funds from being lost to corruption, corruption prevention officials at the multinational development banks said.

The World Bank is using more automated technology to make loans and disperse money to reduce interactions

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