XXXIX, No 4, 22/02/2021
Transparency International relegates most defence contractors to band F for “lack of commitment” to tackling corruption associated with offsets
Transparency International Defence and Security reports that nearly three-quarters of the world’s largest defence companies show little to no commitment to tackling corruption. Offsets, the organisation says, represent one of their most opaque practices. Only one contractor, Bechtel Corporation, widely regarded as a construction company, is in its top-ranking Band A under the offset section.