In the wake of the recent FIFA scandal, a risk analysis company called Verisk Maplecroft has ranked 198 countries on their prevalence of bribery and corruption. That ranking also looked at the top 10 oil-producing countries and found that six of them were under serious risk of corruption. The countries are divided into four risk categories: low, medium, high, and extreme. Of the top 10 oil-producing countries, Russia, Iraq, Iran, and Mexico all fall into the “extreme risk” category. Saudi Arabia and Kuwait both fall into the “high risk category.” Verisk Maplecroft identifies corruption as “one of the greatest …read more
Source: Business Insider
