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British Prime Minister To Seek G7 Action To Fight Corruption

British Prime Minister David Cameron

British Prime Minister David Cameron will tell G7 leaders on June 7 that FIFA's corruption scandal offers an opportunity to tackle the broader "cancer" of corruption globally.

FIFA president Sepp Blatter announced on June 2 that he would stand down as U.S. and Swiss authorities pursued corruption investigations into the world football governing body and many of its top officials.

"There is something of an international taboo over pointing the finger and stirring up concerns," Cameron said in a statement on June 5.

"At international summits, leaders meet to talk about aid, economic growth, and how to keep our people safe. But we just don't talk enough about corruption. This has got to change. We have to show some of the same courage that exposed FIFA and break the taboo."

The World Bank estimates more than $1 trillion is paid in bribes each year, while the World Economic Forum says corruption increases the cost of doing business on average by up to 10 percent.

Based on reporting by Reuters and BBC