These are the 16 most corrupt rich countries in the world

Every year, Transparency International, the global anti-corruption coalition, releases its Corruption Perceptions Index, a survey into the countries people perceive as the most corrupt on earth.As Transparency International notes, there is no hard and fast way "to assess absolute levels of corruption in countries or territories on the basis of hard empirical data." This is basically because by its very nature, corruption is usually hidden from the public.However, it creates a ranking based on several other corruption studies, and gives 168countries a ranking out of 100 (where 100 is the least corrupt and 0 is most corrupt). This helps togive a pretty good idea of where in the world is most corrupt.The countries seen as most corrupt tend to be in Africa, and the Middle East, in societies with weak legal and governmental systems, and widespread poverty. For example, Somalia tops this year's list, with North Korea and Afghanistan close behind.Business Insider decided to take a look at the wealthy, democratic nations where corruption is most rife. To do so, we looked at the positions of countries within the OECD and then picked out those with the highest levels of perceived corruption.Checkthem out below.Chile ' Despite being one of the most corrupt countries in the OECD, Chile is one of the least corrupt in Latin America, where countries like Brazil, Venezuela, and Paraguay are riddled with bribery and fraud. Overall Chile scored 70 points, three fewer than in last year's index, meaning it has become slightly more corrupt in the past 12 months.Estonia ' In 2012 Estonia's president Toomas Hendrik Ilves helped implement an anti-corruption act to increase transparency in the public sector. It has helped improve its Corruption Index score grow from 69 to 70.France ' France has become slightly less corrupt in the past year, gaining a single point, and scoring 70 out of 100, and corruption is not massively widespread. GAN Integrity's anti-corruption portal notes that "The Penal Code criminalises active and passive bribery and bribery of national and foreign officials."See the rest of the story at Business Insider
Click here to read full news..