Wednesday, August 22, 2018

Xi warns military / Khan anti-corruption vow / 1MDB commentary

China's Xi says military must resist 'corrosion' of corruption.  “Xi has repeatedly warned about the threat of corruption to the country and the party, and has vowed not to let up in the fight against it.”

Ben Blanchard/Reuters: https://www.reuters.com/article/us-china-politics-defence/chinas-xi-says-military-must-resist-corrosion-of-corruption-idUSKCN1L40D7

 

Imran Khan vows to cut government expenses, tackle corruption.  In his first televised speech, new leader pledges to cut down government spending and maintain peace with neighbours.

Al Jazeera: https://www.aljazeera.com/news/2018/08/imran-khan-vows-cut-government-expenses-tackle-corruption-180819182720963.html

 

How the 1MDB scandal brought down a century-old Swiss bank (Commentary).  “The world's largest financial scandal has toppled a government, threatened a currency, and revealed deeply problematic failings at a buccaneering Swiss bank, say two observers from IMD Business School.”

Salvatore Cantale and Ivy Buche/Channel NewsAsia: https://www.channelnewsasia.com/news/commentary/1mdb-najib-razak-jho-low-money-laundering-swiss-bank-accounts-10616388

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