From: Ethical Alliance Daily News - 19 July 2016

Russia: IOC vows ‘toughest sanctions’ after report finds Moscow ran broad doping scheme
Jul 19, 2016 08:00 pm

With the Rio Olympics less than three weeks away, the IOC on Monday promised “the toughest sanctions available” after a report found Moscow had concealed hundreds of positive doping tests in many sports ahead of the Sochi winter Games. The […]
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Brazil: SBM Jumps Most in Nine Months Following Brazilian Leniency Deal
Jul 19, 2016 07:30 pm

SBM Offshore NV, a Dutch oil-services provider, rose the most in nine months in Amsterdam trading after reaching a leniency deal with Brazilian authorities following a corruption investigation. SBM climbed as much as 15 percent Monday, the biggest intraday gain […]
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China: China seizes 381 suspects in corruption probe
Jul 19, 2016 07:00 pm

China has seized 381 Chinese nationals from more than 40 countries in the first half of this year, under a nationwide anti-corruption campaign dubbed “Sky Net”, the Beijing Times reports. The suspects include 33 that had been tagged with Interpol red […]
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Mexico: Mexican anti-graft chief resigns at dawn of new corruption rules
Jul 19, 2016 06:30 pm

Mexico’s chief anti-corruption official, who last year exonerated President Enrique Pena Nieto of conflict-of-interest allegations, resigned on Monday, just hours before new graft-fighting legislation comes into effect. Virgilio Andrade, head of the Public Administration Ministry (SFP), the government’s main anti-corruption […]
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South Korea: Park’s aide embroiled in Nexon bribery case
Jul 19, 2016 06:00 pm

Woo Byung-woo, senior presidential secretary for civil affairs, denied a media report, Monday, that he allegedly brokered a sale of high-priced real estate owned by his sisters-in-law to online game company Nexon in 2011. The report came after Jin Kyung-joon, […]
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Cyprus: Waiting for Vgenopoulos; Cypriot Court Postpones Bank Bribery Case to July 20
Jul 19, 2016 05:30 pm

In a marathon session in Cypriot courts on Monday, the case against businessman Andreas Vgenopoulos was discussed. The main basis of the case concerns a 1-million-euro payout to former central banker Christodoulos Christodoulou by Greek shipowner Michalis Zolotas in 2007 […]
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