Thursday, November 3, 2016

Ethical Alliance Daily News - 2 Nov 2016

 

United Kingdom: Serious Fraud Office given extra funds to investigate Unaoil bribery claims
Nov 02, 2016 08:00 pm
The Serious Fraud Office has been given special funding to pursue its criminal investigation into a firm that has been implicated in an international bribery scandal. The Treasury has awarded the extra money for the agency’s inquiry into a Monaco-based...
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Swiss private bank EFG International’s newly acquired BSI business suffered net new money outflows of 17.8 billion Swiss francs ($18 billion) in the first 10 months of 2016 amid sanctions over ties to a scandal-hit Malaysian state fund. EFG said...
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Turning up the heat on Pakistan Prime Minister Nawaz Sharif after months of constant jibes by opposition parties, Pakistan’s Supreme Court on Tuesday began hearing a case into the Panama papers leaks. The Supreme Court also offered to create a...
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Two former executives of a Singapore company that supplies ships have been extradited in a wide-spanning bribery scandal involving its CEO nicknamed “Fat Leonard” and high-ranking US Navy officials. Former Glenn Defense Marine Asia executives Neil Peterson and Linda Raja...
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A new poll conducted in Ukraine shows a majority of the country’s residents see little progress being made by the government on the key issues of tackling corruption and improving the economy. The survey, undertaken by the International Republican Institute...
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Lawyers representing South African President Jacob Zuma urged the High Court to halt the release of a report of the nation’s graft ombudsman into allegations that the Gupta family, who are friends with the president, exercised undue influence over the...
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