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Bangalore , Nov. 23

CORRUPTION continues to thrive as an "unholy nexus between political elites and business people, trapping whole nations in poverty" as is seen in some 70 countries in the world (including India), the Senior Advisor to World Bank on Poverty Reduction and Economic Management, Ms Deepa Narayan, has said. Some of the poorest countries score high on corruption, she added.

Speaking at the international symposium on `Corporate culture and spirituality' organised by the Art of Living Foundation here, Ms Narayan said these were the conclusions of a recent World Bank's survey on transparency covering 102 countries.

Despite the anti-corruption rhetoric, the `bribe payers index' showed high levels of bribery paid by firms from Russia, China, Taiwan, and South Korea, followed by Italy Hong Kong, Malaysia, Japan, USA and France, even though some of these countries have signed the OECD Anti-Bribery Convention which outlaws bribery of foreign public officials.

The world, she said would not change without new, transparent and equal partnerships between Governments and the private sector, between citizens and consumers and the private sector, and between poor people and businesses.

Speakers including Dr H.R. Nagendra of Swami Vivekananda Yoga Anusandhana Samathana, Dr Gopinath, a renowned physicist and Ms Sheena Parikh, Director, Technova, emphasised the need for mixing spirituality with corporate culture for better rewards and imbibing consciousness into life.

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