“For a government to be corrupt there must be a counterpart in the private sector.” With that statement Alma Rocio Balcazar, a member of Transparency International makes clear that it takes two to tango. Balcazar addressed the annual general meeting of the hospitality and trade association SHTA at the Great Bay Beach Hotel last night.
Balcazar, who is from Colombia, noted that the private sector has a lot of work to do to gain the confidence of the public. Research has shown that the private sector’s trust-level stands at a meager 41 percent. Another 45 percent thinks that the adoption of government policies is influenced by corruption, and 59 percent thinks that governments are ineffective in their fight against corruption.”