“The Panama Papers opened yet another window on the global system of financial corruption, showing how political leaders and businesses use shell companies in secrecy havens like the British Virgin Islands and many US states to evade taxes and hide corruption and other crimes. Yet the system of corruption depends on another factor beyond secrecy, one that is perhaps even more important: impunity. Impunity means that the rich and powerful escape from punishment even when their malfeasance is in full view.”

— Jeffrey D. Sachs

"The age of impunity," The Boston Globe, May 13, 2016 http://www.bostonglobe.com/opinion/2016/05/12/the-age-impunity/LHBxamqFENCs3W6lvWnCIJ/story.html

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Jeffrey D. Sachs29

American economist 1954

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“Impunity is epidemic in America. The rich and powerful get away with their heists in broad daylight. … The Journal recently opposed the corruption sentence of former Virginia governor Bob McDonnell for taking large gifts and bestowing official favors — because everybody does it. And one of its columnists praised Panama for facilitating the ability of wealthy individuals to hide their income from “predatory governments” trying to collect taxes. No kidding.”

Jeffrey D. Sachs (1954) American economist

"The age of impunity," The Boston Globe, May 13, 2016 http://www.bostonglobe.com/opinion/2016/05/12/the-age-impunity/LHBxamqFENCs3W6lvWnCIJ/story.html

“The only company to have made a profit is the one in the tax haven, but because it’s in a tax haven, it doesn’t pay tax. This is how a company is able to generate revenue without having to pay tax anywhere. In tax havens, boundaries between what’s legal and illegal become very blurred. The recent leak on the Panama Papers revealed how international leaders, celebrities and businessmen from all over the world were using offshore companies to avoid making their assets public and, in some cases, potentially to dodge tax or hide illegal activities. Panama is where criminal capitalism and legal capitalism become one. … Today in the heart of Panama you can still find the money of Mexican Narcos and major European businessmen. Different origin, same advantages.”

Roberto Saviano (1979) Italian journalist, writer and essayist

Dirty Money in London event (2016)

“It has often been said that power corrupts. But it is perhaps equally important to realize that weakness, too, corrupts. Power corrupts the few, while weakness corrupts the many. Hatred, malice, rudeness, intolerance, and suspicion are the faults of weakness.”

Eric Hoffer (1898–1983) American philosopher

Source: The Ordeal of Change (1963), Ch. 2: "The Awakening of Asia" This passage uses phrases from his earlier work The Passionate State Of Mind, and Other Aphorisms (1955)
Context: It has often been said that power corrupts. But it is perhaps equally important to realize that weakness, too, corrupts. Power corrupts the few, while weakness corrupts the many. Hatred, malice, rudeness, intolerance, and suspicion are the faults of weakness. The resentment of the weak does not spring from any injustice done to them but from the sense of inadequacy and impotence. We cannot win the weak by sharing our wealth with them. They feel our generosity as oppression. St. Vincent De Paul cautioned his disciples to deport themselves so that the poor "will forgive them the bread you give them."

““ASAN service” brought novelties into the relationship between citizens and civil servants. It gave us even more strength in the struggle against corruption. It showed that it is possible to fight corruption and win.”

Ilham Aliyev (1961) 4th President of Azerbaijan from 2003

During opening ceremony of "ASAN Kommunal" Center No 1 (28 December 2016) http://en.apa.az/azerbaijan-politics/domestic-news/ilham-aliyev-asan-service-brought-novelty-into-citizen-civil-servant-relationship.html <br class="br">Anti-corruption policy

“If we were to ask which country is the most corrupt in the world, the first answer to come to mind would be dictated by the perceived level of corruption. Perhaps one might think of Mexico, of South American countries, of African countries, of the Middle East or Italy. But the most corrupt is the UK. It’s not a type of a corruption that concerns civil servants, policemen or mayors; it’s a type of a corruption that is consubstantial to economic system. The British economic system feeds itself on corruption. And in the midst of this, the British government and its citizens have not woken up to the plight that their country is going through. A plight greater than earthquakes, greater than terror attacks.”

Roberto Saviano (1979) Italian journalist, writer and essayist

Dirty Money in London event (2016)

“In a well governed state, there are few punishments, not because there are many pardons, but because criminals are rare; it is when a state is in decay that the multitude of crimes is a guarantee of impunity.”

Jean Jacques Rousseau book The Social Contract

Source: The Social Contract

“Transparency is seen as the antidote to corruption because secrecy is, if not its cause, then at least a necessary precondition. This is especially so for corruption involving private enrichment from public goods. Transparency is a power-reducing mechanism so it matters whose affairs are made transparent and for what purpose.”

Heather Brooke (1970) American journalist

Attributed, In the Media <br class="br">Source: Financial Times http://www.ft.com/intl/cms/s/0/7ba47200-015c-11e6-99cb-83242733f755.html#axzz45lPGQfQg "Transparency thwarts the abuse of power to enrich the powerful", Column in the Financial Times, 13 April 2016.

“Power does not corrupt. Fear corrupts… perhaps the fear of a loss of power.”

John Steinbeck book The Short Reign of Pippin IV

The Short Reign of Pippin IV (1957), p. 102

“Corruption is a global problem. But it is more widespread in rapidly developing countries. It is a growth problem. There are many corruption-related problems in Russia too. So, regarding stress tests, I think that such tests should be applied to all companies.”

Dmitry Medvedev (1965) Russian Prime Minister and former president

cnbc.com http://www.cnbc.com/id/102088768

“Every relationship between two individuals or two groups will be characterized by the ratio of secrecy that is involved in it. Even when one of the parties does not notice the secret factor, yet the attitude of the concealer, and consequently the whole relationship, will be modified by it.”

Georg Simmel (1858–1918) German sociologist, philosopher, and critic

Source: The Sociology of Secrecy and of Secret Societies (1906), p. 462

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Jeffrey D. Sachs29

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