In developing countries like Sri Lanka, we generally associate corruption with public-sector enterprises. In the present scenario, this perception needs revision. Many instances of corporate fraud in Sri Lanka and elsewhere have been associated with private-sector enterprises, with public-sector officials playing a secondary role.
Keynote address by Udayasri Kariyawasam, Chairman of the Securities and Exchange Commission of Sri Lanka, and Chairman of the Insurance Board of Sri Lanka at the 27th International Symposium on Economic Crime on 2nd September 2009 at Jesus College, University of Cambridge.