PM: International community must target 'cancer' of corruption

David Cameron is set to call on the international community to fight the 'cancer' of corruption. Credit: Wolfgang Kumm / DPA/PA Images

David Cameron is set to call on the international community to eradicate the "cancer" of corruption at the G7 summit in Germany.

In the wake of the Fifa scandal the Prime Minister will push for an international effort to root out corruption in organisations, businesses and governments around the globe, arguing that it is holding back economic growth and human development.

He will cite World Bank estimates that corruption adds 10% to business costs worldwide, with £650 billion paid in bribes every year.

The Organisation for Economic Co-operation and Development (OECD) believes corruption costs around 5% of global GDP annually, while in developing countries it can add 25% to the cost of procurement, Mr Cameron will say.

Seven of the 10 most corrupt countries in sub-Saharan Africa are also in the bottom 10 on the human development index and infant mortality is twice as high in countries with the most corruption as in those with the least.

Mr Cameron will condemn an international "taboo" on pointing the finger at corrupt institutions and say that the problems with international football have shown how shining a spotlight on an organisation can force it to clean up its operations.

He will say that anti-corruption measures should be at the heart of the new United Nations development goals for the coming 15 years due to be agreed in September.

The G7 summit begins on Thursday and will be hosted at Schloss Elmau in the Bavarian Alps by Germany's chancellor Angela Merkel.