Monday, January 25, 2021

Indonesia business bribery report / Republic of Korea Samsung case / UNODC Anti-Corruption Newsletter

Paying bribes in Indonesia (Blog and Report).  “Overall, some 33.2% of firms report that they have been asked to pay fees outside the official requirements… But responses vary significantly by industry. The highest proportions…are found in the extractive industries…and in constructions…while the lowest proporation of firms is in the financial sector.”

Direct link to report: https://www.newmandala.org/wp-content/uploads/2021/01/Paying-bribes-in-Indonesia_formatted.pdf

Paul Kenny and Eve Warbuton/New Mandala: https://www.newmandala.org/paying-bribes-in-indonesia/  

 

Bottom line: Samsung boss jailing doesn’t matter (Opinion).  “It’s back to jail for Samsung heir Lee Jae-yong after a Seoul appellate court sentenced him to two and a half years in prison in the climax of the retrial of a seismic bribery case...However, the verdict is not expected to damage the electronics giant’s performance significantly, if at all. Experts note that the last time Lee was incarcerated, the company saw its stock and profits hit record highs.”

Andrew Salmon/Asia Times: https://asiatimes.com/2021/01/bottom-line-samsung-boss-jailing-doesnt-matter/  

 

UNODC Southeast Asia Anti-Corruption Newsletter: October-December 2020.  Follow UNODC’s work over the past quarter, ranging from raising awareness on the nexus of gender and corruption in Myanmar, a regional study on the utilization of data analytics to prevent corruption and fraud in Southeast Asia, and advancing criminal justice response to corruption in Viet Nam.

UNODC: https://mailchi.mp/6570bf4acaea/unodc-corruption-newsletter-3597036  

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