Friday, July 31, 2020

Thailand Minister promises fair investigation amid corruption allegations / MACN launches anti-corruption e-learning initiative / China: Former Insurance Regulator Jailed

(Thailand) Minister promises fair investigation into transfer of hospital director amid corruption allegations. “Following the transfer of the director of Khon Kaen hospital in north-east Thailand amid corruption allegations, Thailand’s Public Health Minister Anutin Charnvirakul says an investigation into the matter will be “fair and just”. Dr. Charnchai Chanvorachaikul was transferred to Prapokklao Hospital in the eastern province of Chanthaburi, following allegations, strongly denied, of misappropriation of hospital funds. He was initially replaced in his post by the former director of Prapokklao Hospital, Dr. Kriangsak Watcharanukulkiat, who has now resigned from his new role.” 

 

 

 

MACN launches anti-corruption e-learning initiative. “The Maritime Anti-Corruption Network (MACN) has announced the development of an e-learning training toolkit and platform on ethics and integrity, for shipowners, managers, agents, and maritime cadet schools.  The training toolkit, which is funded by MACN and the TK Foundation, will target different specific user-groups of employees to make it fit for the learners, including captains, crew, and employees in operational roles. The platform and training solutions will be delivered by Videotel and Seagull Maritime, now both part of Ocean Technologies Group.” 

 

 

  

China: Former Insurance Regulator Jailed on Corruption Charges. “A Chinese court has jailed the ex-chairman of the country’s insurance regulator for 11 years for accepting bribes in his capacity as a government official. The 63-year-old Xiang Junbo was the chairman of the CIRC (China Insurance Regulatory Commission) prior to its merger with the banking regulator to form what is today the CBIRC (China Banking and Insurance Regulatory Commission). During his tenure as CIRC chairman, Xiang pushed for policy reforms that allowed insurers to sell high risk policies and allowed them more freedom to invest in risky assets – including the stock market, leveraged buyouts and overseas acquisitions – exposing the insurance industry to systemic risks.” 

 

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