Despite strong constitutional, legislative and regulatory systems to fight corruption, meaningful progress continues to elude us. (Part III)

French President Nicolas Sarkozy was found guilty last Wednesday of illegal campaign financing in relation to his failed 2012 re-election bid. The court found that he spent 42.8 million euros for his presidential campaign while the maximum amount allowed in France at the time was 22.5 million euros. Sarkozy was given a one-year prison sentence. In 2021, he was sentenced to three years in prison on corruption charges involving an attempt to bribe a judge in exchange for the release of certain information on a case. Sarkozy has also been charged over allegations that he had accepted money from Libya to fund his 2007 campaign. See: https://menafn.com/1107854032/French Ex-President Nicolas Sarkozy Found Guilty Of Illegal Campaign Financing | MENAFN.COM.

Last week, the Auditor General issued a press release stating that the last set of audited financial statements of the Guyana’s Teachers’ Union (GTU) was in respect of 1989. According to him, the release was in response to enquiries from the media, but he did not indicate which media houses requested the information. It is, however, unclear why he has chosen to go this route by informing the entire public rather than those agencies that have requested the information.