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The Institute for Ethics and Economic
Policy (IEEP) |
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Jordan arrests prime suspect for
100-million-dollar loan FRAUD Jordanian police arrested a prime
suspect for allegedly fleecing banks of some 100 million US dollars after his
extradition from PRIME MINISTER REVIEWS DRAFT ANTI-CORRUPTION LAW. Prime
Minister Ali Abul Ragheb chaired a meeting of a Legal Committee entrusted
with reviewing the draft law on Illegal Acquisition of Funds. The meeting
came at the conclusion of two months of deliberations that resulted in
preparing a new version of the draft law, which is seen as an effective tool
for combating corruption and misuse of office. An earlier version of the
draft legislation was rejected by Parliament in 2000. Under the new version
of the proposed law, parliamentarians will be among a wide category of public
officials who will have to disclose their assets to a special department.
Prime Minister has welcomed and recognized the efforts of the committee,
which is headed by Minister of Justice and Minister of State for Legal
Affairs Faris Nabulsi, in drafting the legislation.(The Jordan Times,
KING SURPRISES OFFICIALS WITH LATEST INGOGNITO VISIT His Majesty King Abdullah, together with
his brother, HRH Prince Ali, recently went undercover to check on the
efficiency of the Income Tax Department.
King Abdullah stood by and chatted with the director of the refunds
section while Prince Ali presented documents to get tax refunds. King Abdullah then went to the
department’s unattended auditing office and took a file before leaving in an
official car. At this point,
witnesses realized who he was. The
King has donned several disguises during his visits to several public
institutions, which included the
PANEL TO PROBE CORRUPTION ALLEGATIONS AT ORPHANS FUND A committee comprised of the Minister of
State, the Minister of Judicial Affairs, the Audit Bureau head, the Control
and Inspection Bureau Director, and a Central Bank of
The Index of Economic Freedom (by Driscoll-Holmes-Kirkpatrick) for 2001 places Jordan in the “Mostly Free” category with a rank of 64 (Ranks range from 1 for Hong Kong to 155 for North Korea, Wall Street Journal, Nov. 1, 2000). H. D. Vinod’s trimmed correlation analysis indicates that countries free from economic regulation are less corrupt. After allowing for some exceptions by 20% trimming, the correlation is near 0.9. |
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Design:
Theo den Brinker |
Copyright:
Hrishikesh D. Vinod 2000 |
Last
Updated: |
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