Latvia

Privatisation of Latvian Shipping Company Integrity Pact

Transparency International Latvia - Delna

Privatisation of Latvian Shipping Company Integrity Pact

Mission

Ensure transparency and integrity of the privatisation process under new legal rules of the Latvian Shipping Company

Activities

TI-Latvia Delna signed an Integrity Pact with the Latvian Privatisation Agency to monitor the privatisation process under new legal rules of the Latvian Shipping Company. A committee of experts including the Delna Chairwoman, a retired World Bank anti-corruption expert, and a local economics expert. The privatisation process had been ongoing since 1995 and was politically charged. The Privatisation Agency decided to use the IP to neutralize the politicized rhetoric and to ensure independent and transparent oversight of the process.

Additional information
Procurement authority: Latvian Privatisation Agency
Monitor: Transparency International Latvia Delna
Language: Latvian
Start year: 2001
End year: 2001

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Start Year

Status

  • completed
    Work has finished and deliverables/tasks have been completed.

Countries Operations

Countries Host

Scope

  • national
    Initiative that operates in and focuses mainly on one country, whether on a national or sub-national level.

Industry

Stakeholders

  • Private sector
    Privately owned commercial (for-profit) entities of all sizes, including SMEs
  • Public sector
    National and sub-national, local government entities, agencies from all branches (policy-making, executive, adjudication)
  • Civil society
    non-governmental organisations (national or international), foundations funded by private entities, faith-based organisations, Professional associations, Industry associations, Chambers of Commerce, Local Global Compact Networks

Type

Linked resources

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