Thursday 26 January 2012

Corruption purge a boost for Tunisia - The National

A raft of economic reforms and an anti-corruption campaign is spurring a wave of investment in Tunisia for the first time since the regime of Zine El Abidine Ben Ali was overthrown a year ago.

"[Our local partners] are telling us that the middlemen that were taking commissions on behalf of the Ben Ali family and institutionalising corruption are no longer there," said Mohamed Khamis Al Hosani, the chairman at Al Tarabut Group, a UAE company involved in an array of industries across the Middle East and North Africa that include small investments in Tunisia.

"In the old regime, you had to turn away eye-catching projects. The transfer of assets and currency was also a problem, with heavy documentation and central bank approval required and paying off people across the government ranks to get things done."

No comments:

Post a Comment