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On 6 February 2023, a devastating earthquake rocked Turkey and Syria, killing over 59,000 people, damaging 230,000 buildings, and crippling vital infrastructure. Over 8.8 million lives were affected, largely due to a corrupt building industry driven by greed. Corrupt construction transcends all borders; demanding urgent attention and systemic reform.
Corruption in the Construction Industry lays bare the world's most corrupt industry. One that causes approximately 100,000 deaths annually at a staggering cost approaching US$5 trillion each year.
This groundbreaking work features case studies from around the world, and illustrates the mechanisms exploited by various corrupt participants at each stage of a project.
Crucially, this occurs from the top down. This book puts CEOs, company boards and bureaucrats under the microscope to expose a web of dishonesty, where legal obligations and professional ethics are compromised at the expense of public safety.
Deals are done with organized crime syndicates, cartels thrive, and dark money flows to rob countries and unsuspecting clients of huge sums of money. This is a must read for building professionals, legal and accounting experts, enforcement agencies and policy makers.
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