Tories reject new transparency rules to clamp down on corruption - Adur & Worthing Liberal Democrats
Adur, West & East Worthing Party including East Arun

Tories reject new transparency rules to clamp down on corruption

Senior Liberal Democrat MEP Catherine Bearder has today criticised Conservative MEPs on forming and ‘unholy alliance’ with UKIP and fascist MEPs to vote down new EU rules calling for big businesses to publish what they pay to governments in developing countries.

Due to the Conservative and far-right alliance, the International Trade Committee have rejected tough amendments to Commission proposals requiring oil, mining and logging companies to publish payments to countries in which they operate to help curb corruption and bribery.  Despite the vote in the International Trade Committee the directive will now be passed to the Legal Affairs Committee for consideration, which, as the lead committee, can still amend the directive. The Legal Affairs Committee will vote on the dossier in July or September 2012 to give a recommendation to either reject or pass the directive to the European Parliament as a whole.

Catherine commented after the vote:

“It is absolutely disgraceful for the Conservatives and UKIP to vote against new rules to curb corruption in developing countries, which are often resource rich but trapped in poverty because of corrupt officials. Transparency and full disclosure of payments made to governments by big companies is the best way to ensure that the money actually reaches the people.”