9. Venezuela
Corruption Percentage Index: 17
You know how they say, when money is involved, many issues will soon arise. Something like that happened in Venezuela, considering that political corruption has only gotten worse not long after the discovery of oil. It is a talent of many people to turn a good thing into a disaster. We are not saying that their oil production has become a fiasco, just that some bad consequences occurred. One of the recent consequences that shows how bribery played a crucial role in many big businesses is the Arrest of the Venezuelan Oil Servicing Magnate. You can read more about Venezuela’s corruption issues and human rights violations in Report to the United Nations Committee on Economic and Social Rights.
