Multinationals Fuel Graft In Poor States: Watchdog

By REUTERS

Filed at 10:11 a.m. ET

BERLIN (Reuters) - Multinational companies and financial institutions that use bribery and tolerate illicitly gained wealth are helping fuel corruption in the world's poorest countries, a global corruption watchdog said on Wednesday.

Berlin-based Transparency International (TI) said in its latest corruption perceptions report that while poorer countries should tackle their own graft problems, richer states are also responsible, and often to blame.