What measures does ADB take to combat corruption in its projects?

The Asian Development Bank (ADB) implements strict anti-corruption policies as a primary measure to combat corruption in its projects. These policies are designed to establish a clear framework that promotes integrity, transparency, and accountability in all ADB operations. By setting out specific rules and guidelines, ADB aims to prevent corrupt practices from taking root during project planning, execution, and evaluation phases.

These anti-corruption policies include mechanisms for reporting misconduct, investigating allegations, and penalizing violators, which help create a culture of compliance among all stakeholders involved in ADB-funded projects. Furthermore, adhering to these policies ensures that the funds allocated for development projects are utilized effectively and are safeguarded against misuse or fraud, thus enhancing public trust.

In contrast, other suggested measures like conducting random project assessments and relying solely on member countries' audit reports are not as comprehensive or enforceable as the establishment of strict anti-corruption policies, while utilizing external independent auditors, though beneficial, may not encompass the full range of proactive measures that ADB implements to prevent corruption from occurring in the first place.