Walmart to pay $282 million over foreign corruption charges. The US Securities and Exchange Commission announced a $144 million settlement against Walmart for "failing to operate a sufficient anti-corruption compliance program" in Brazil, China, India and Mexico, under the Foreign Corrupt Practices Act.
The Public’s Radio: https://thepublicsradio.org/article/walmart-to-pay-282-million-over-foreign-corruption
India sacks 15 senior tax officials over corruption. India has sacked 15 senior tax officials facing probes in corruption cases, sending across a tough message to bureaucrats taking kickbacks for facilitating tax evasion by companies, a government statement said.
Manoj Kumar and Aftab Ahmed/Reuters: https://uk.reuters.com/article/uk-india-economy-corruption/india-sacks-15-senior-tax-officials-over-corruption-idUKKCN1TJ0TZ
Japan Post Bank to cap international transfers to counter money laundering. Japan Post Bank Co. with around 120 million account holders, the most among domestic banks, plans to set a limit on over-the-counter international cash transfers of ¥5 million ($46,000) to combat money laundering.
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