According to a new report, the extractive sector, which includes fossil fuels, is the most corrupt industry in the world. Of all reported cases of corruption almost 1 in 5 (19 percent) were associated with the extractives sector. Most of these corruption cases involved the paying of bribes by senior executives. This is the finding of an Organization for Economic Co-operation and Development (OECD) report that analyzed 427 cases of bribery in international business. Public sector employees including senior politicians and Presidents of state companies were most likely to be involved in bribery.
