Finland ranks second in global corruption index

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				Finland ranks second in global corruption index

Finland is the second least corrupt country in the world, according to the latest Corruption Perceptions Index (CPI) by Transparency International. The country received 88 out of 100 points, trailing Denmark, which retained the top position with 90 points.

Despite the high ranking, Transparency International Finland warns that the index does not capture all forms of corruption.

The organisation highlights structural corruption risks that are not reflected in the CPI and points out weaknesses in Finland’s ability to detect and prevent corruption.

“The risks associated with structural corruption, that are typical for us, may not be taken into account in the index,” said Ilkka Penttinen Fouto, chair of Transparency International Finland.

The CPI measures corruption based on perceptions and known cases rather than actual corruption levels. Transparency International reports have previously identified vulnerabilities in Finland’s security policy and foreign trade. The Finnish Ministry of Justice has also acknowledged that large-scale corruption in public procurement and money laundering-related cases often go undetected in international assessments.

Finland has consistently ranked among the least corrupt countries since the index was first published in 1995. It previously topped the list in 2021. The country’s high level of trust in public institutions and the low incidence of street-level corruption contribute to its strong ranking.

While Finland maintains a reputation for transparency, there are concerns over weaknesses in political financing regulations. Transparency International Finland has called for stronger measures to prevent corruption in election campaign funding and lobbying.

Corruption in Finland differs from the overt bribery seen in some countries, as it often takes more subtle forms, such as favouritism in political and business networks. The challenge lies in making these practices more visible and ensuring accountability in decision-making processes.

The Finnish government has pledged to strengthen anti-corruption efforts. A national anti-corruption programme is in place, and new legislation is being considered to improve transparency in public procurement and corporate governance.

Despite the concerns raised, Finland’s strong legal framework and independent institutions continue to support its position as one of the most transparent countries in the world.

HT

Source: www.helsinkitimes.fi

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