Monday, September 17, 2018

Foreign bribery stays / Malaysia future vision / Sri Lanka ex-president's brother

Foreign Bribery Crackdowns Haven’t Dented Practice, Report Says.  “Efforts to crack down on foreign bribery have failed to stem the practice as a proportion of global trade, despite some high-profile anti-corruption cases, according to a report by Transparency International.”

Alan Katz/Bloomberg: https://www.bloomberg.com/news/articles/2018-09-11/foreign-bribery-enforcement-hasn-t-dented-practice-report-says?utm_source=google&utm_medium=bd&cmpId=google

 

Politician seen as Malaysia's future leader says his scandal-hit nation can become corruption-free.  “In an environment with credible agencies and efficient services to rid the county of graft — elements that will not only make business more efficient but also cheaper — incoming foreign investment is sure to rise,” Mr. Anwar Ibrahim said.

Nyshka Chandran/CNBC: https://www.cnbc.com/2018/09/12/anwar-ibrahim-malaysia-can-become-corruption-free.html

 

Brother of former Sri Lanka strongman indicted over fraud.  A brother of ex-president Mahinda Rajapakse was indicted on charges of siphoning off over US$250,000 in state funds to build a memorial for his parents by a Sri Lankan anti-corruption court.

Channel NewsAsia: https://www.channelnewsasia.com/news/asia/brother-of-former-sri-lanka-strongman-indicted-over-fraud-10702252

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