Transparency International, a non-governmental agency with the reported goal of exposing corruption, has released figures claiming that Iceland rates low in corruption. The study relied on surveys of business and local leaders who gave their feelings on political, business and media corruption.
Iceland ranked third out of 145 reporting countries. Finland ranked first; the UK ranked 11, the US 17, and Haiti and Bangladesh rounded out the study at 145.
A press release enclosed with the report suggests oil money as a key corruptor. More information is available at www.transparency.org.
