From: Ethical Alliance Daily News (29 June 2016)

World: Governments Ignoring Corruption in Arms Sales, Report Says
Jun 29, 2016 08:00 pm

A new report highlights the growing levels of corruption in military procurement contracts involving unaccountable middlemen or agents, who are employed by corporations to secure defense contracts. National government’s that “turn a blind eye” to the destructive impact of their […]
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Whitepaper: Responsible Business Conduct – Understanding Human Rights Due Diligence
Jun 29, 2016 07:30 pm

Read our recently launched whitepaper which explains how human rights due diligence has emerged as a critical driver in demonstrating responsible business conduct; also detailing guidance from leading global frameworks on integrating human rights due diligence within existing compliance processes to prevent and mitigate human rights violations.
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United States: Investors seek ruling against Petrobras in corruption lawsuit
Jun 29, 2016 07:00 pm

Investors suing Brazil’s state-run oil firm Petrobras to recoup billions of dollars in losses argued on Tuesday that the arrests and plea deals of top company executives prove that it knew of a massive bribery and political kickback scheme. Lawyers […]
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Brazil: Brazil’s Hypermarcas sinks as former executive admits bribery
Jun 29, 2016 06:30 pm

Shares of Hypermarcas SA, the largest Brazilian producer of generic drugs, had their biggest intraday plunge in four years on Tuesday, on reports that a former senior executive admitted paying bribes to ruling coalition politicians. In a securities filing, Hypermarcas […]
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France: France charges Rifaat al-Assad with corruption
Jun 29, 2016 06:00 pm

Syrian President Bashar al-Assad’s uncle, suspected of using ill-gotten gains to build a property empire in France, has been charged with corruption, French officials say. Rifaat al-Assad, 78, who commanded Syria’s internal security forces in the 1970s and early 1980s, […]
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China: US prosecutors link Chinese officials to UN bribery case against Macau billionaire Ng Lap Seng
Jun 29, 2016 05:30 pm

A US prosecutor said on Monday that Chinese officials were involved in developing a United Nations-focused news outlet that was used to funnel bribes from a Macau billionaire to a former UN General Assembly president who died last week. Assistant […]
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