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Economy / Suriname

Corruption Scandal To Weigh On Popularity

August 2007 | Risk Summary
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Surinamese authorities are investigating a suspected fraud conspiracy within the ministry of finance, which, according to the finance minister has seen 1mn Surinamese dollars (US$375,000) stolen. The prosecutor's office has been ordered to launch a criminal investigation into the matter, and several suspected officials have been relieved of their duties until further notice, although no criminal charges have been made as yet. The current investigation is major setback for the government of Suriname, which has witnessed several financial and corruption scandals since the New Front for Democracy and Development coalition came into office in 2000. The prevalence of corruption within