Friday, September 27, 2019

Indonesia students protest / Singapore business law / India loan bribery

Indonesia students rally against changes to corruption law.  Thousands of university students are staging rallies across Indonesia to show their opposition to a new law they say has crippled the country’s anti-corruption agency, after Indonesia’s parliament passed a law last week that reduces the authority of the Corruption Eradication Commission.

City News 1130: https://www.citynews1130.com/2019/09/24/indonesia-students-rally-against-changes-to-corruption-law/

 

Companies can implement policies to minimise risk of corruption (Opinion).  “As good practice, private companies are also strongly encouraged to implement their own policies on gift-giving to ensure that employees do not run afoul of the law. Companies can refer to Pact: A Practical Anti-Corruption Guide For Businesses In Singapore.”

Dr Yik Keng Yeong and Mr Heng Cho Choon/The Straits Times:  https://www.straitstimes.com/forum/letters-in-print/companies-can-implement-policies-to-minimise-risk-of-corruption

 

CBI arrests PNB manager, middleman in bribery case.  India’s Central Bureau of Investigation arrested a senior manager of Punjab National Bank (PNB) along with a middleman for demanding Rs 1 lakh (approx. US$ 1,415) bribe for the part disbursement of a Rs 7.92 lakh (approx. US$ 11,180) loan for the purchase of buffaloes.

The New Indian Express: http://www.newindianexpress.com/business/2019/sep/24/cbi-arrests-pnb-manager-middleman-in-bribery-case-2038460.html

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