Monday, June 17, 2019

India bank shares / Malaysia anti-graft chief / Thai tycoon bribery

India's J&K Bank shares slide further on fraud probe allegations.  Shares in India’s Jammu and Kashmir Bank Ltd slumped for a second consecutive day, after local media reported that an anti-corruption probe into the bank had uncovered a sizable fraud at the state-run lender.

Swati Bhat/Reuters: https://uk.reuters.com/article/jk-bank-india-stocks/indias-jk-bank-shares-slide-further-on-fraud-probe-allegations-idUKL4N23I33Y

 

Latheefa to sit out graft probe on minister.  Allegations of corruption involving a Cabinet minister will be investigated by the Malaysian Anti-Corruption Commis­sion (MACC), but its chief commissioner Latheefa Koya will sit it out without indicating any reason for excluding herself.

The Star: https://www.thestar.com.my/news/nation/2019/06/13/latheefa-to-sit-out-graft-probe-on-minister/

 

Premchai sentenced to jail for bribery in black panther case.  A Thai construction tycoon was sentenced to a year in prison for bribery in a high-profile case involving the hunting of a protected black panther, the Criminal Court for Corruption and Misconduct Case Region VII ruled.

Asaree Thaitrakulpanich/Khaosod English:  http://www.khaosodenglish.com/news/crimecourtscalamity/courts/2019/06/11/premchai-sentenced-to-jail-for-bribery-in-black-panther-case/

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