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India, Asia's 4th most corrupt nation
April 10, 2009
8. Taiwan
Taiwan scores 6.47 in the corruption index. In a high profile arrest recently, Taiwanese President Chen Shui-bian was booked over money-laundering and corruption allegations.
Taiwan's modern financial sector has become more competitive, however corruption is present. The Taiwan's Ministry of Justice has finalised a feasibility study for an anti-corruption agency.
Taiwan has implemented laws, regulations, and penalties to combat corruption. The Corruption Punishment Statute and the criminal code contain specific penalties for corrupt activities, says the Heritage Foundation study.
Image: Former Taiwan president Chen Shui-bian leaves for the Taipei high court. | Photograph: Nicky Loh/Reuters.
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