Turns out banks run on trust and honor too. I personally know people who got loans because of knowing the right person not their credit score.
But even if banks did run on transparency and accountability, which they don’t, governments aren’t banks. You can’t double-entry your way to equal application of the law. Transparency and accountability are good things, but they are bolsters for the honor system.
Transparency and constant monitoring.
To understand how to run an organization without trust, think like a capitalist.
Does a bank function because of honesty?
No, everyone is watching everyone else, all the time.