The Ethical Alliance Daily - 6 August 2014

The Ethical Alliance Daily - 6 August 2014

United States: Bail Hearings Today For Six Police Officers Charged With Corruption

United Kingdom: Innospec Executives Sentenced in Corruption Case

China: China Warns Microsoft Against Obstructing Probe

United States: Hewlett-Packard accuses Autonomy founder of fraud as row escalates

United Kingdom: HSBC warns of growing risk aversion as profit drops

Russia: Moscow City Court denies bail to police general charged with running a gang

India: Indian police agency says may widen bank corruption probe

Jamaica: Jamaica Merges 2 Law Agencies for Corruption Fight

Hong Kong: ‘Exploited’ fugitive admits laundering millions, 13 years after he fled to Canada

South Korea: Two ruling-party lawmakers face summonses over alleged graft

The Ethical Alliance Daily - 5 August 2014

The Ethical Alliance Daily - 5 August 2014

United States: Final Official Sentenced in California Town’s Corruption Case

United Kingdom: Businessmen bribed foreign officials to import poisonous chemical

Germany: Bernie Ecclestone heading for £60million settlement in Formula One bribery trial

Russia: Anti-Corruption Activists Detained Over Opulent-Dacha Protest in Moscow Region

India: Chairman of Syndicate Bank arrested on bribery allegations

Nigeria: Nigerian president replaces state oil firm’s leadership

Ukraine: Interpol Places Stavytskyi On Wanted List

Indonesia: NEWS Indonesia ready to probe gagged graft case

South Africa: Pres Zuma Authorises SIU to Probe Corruption

Hong Kong: Hong Kong Loses Bid to Appeal Limits to Anti-Bribery Laws

The Ethical Alliance Daily - 2 August 2014

The Ethical Alliance Daily - 2 August 2014

United States: San Francisco senator pleads not guilty to charge

China: Did Zhou Yongkang murder his first wife?

Russia: Rosagroleasing embezzlement suspects appeal for mitigated charges

United States: California Ex-Mayor Sentenced in Corruption Case

Italy: Italian tax officials caught bribing taxpayers

Myanmar: Court denies bail for ex-religious minister

Philippines: SC sacks judge tagged in ‘Ma’am Arlene’ court bribery

Mongolia: Mongolian PM’s senior advisor arrested by anti-corruption agency

Senegal: Karim Wade in court for corruption

Malawi: Chithope Moyo convicted for corruption

The Ethical Alliance Daily - 1 August 2014

The Ethical Alliance Daily - 1 August 2014

United States: Former U.S. Navy Military Sealift Command Manager Sentenced for Receiving Bribes

United Kingdom: NHS worker convicted over theft of £642,000 of cancer drug payments

China: Shanghai to feel full force of Xi’s anti-corruption onslaught

Russia: Polonsky’s lawyer complains about investigator who put him on wanted list

Spain: Catalan Corruption May End Mas’s Moral Edge on Rajoy

Israel: Ashdod Port scandal suspect arrested for witness tampering

India: CBI presses ahead with Finmeccanica helicopter probe

China: Date set for GSK China bribe trial

Malaysia: Najib, Pak Lah and Mahathir also named in banknote graft case, says WikiLeaks

Hong Kong: ICAC drops bribery investigation into CY Leung sparked by Lew Mon-hung interview

The Ethical Alliance Daily - 31 July 2014

The Ethical Alliance Daily - 31 July 2014

United States: Smith & Wesson Pays $2 Million to Resolve SEC Probe

China: China Puts Ex-Security Chief Zhou Yongkang Under Investigation

United Kingdom: Embarrassment for Queen as Buckingham Palace official awarded Member of the Royal Victorian Order on £100,000 bribes charge

Germany: Ecclestone offers €25m to end German trial

Spain: Ex-minister jailed on corruption charges

Australia: Supreme Court overturns one ICAC finding, upholds four

China: China Raids Microsoft Offices in Anti-Monopoly Investigation

Singapore: Ex-business director at electronics giant convicted of Corruption

Greece: Bribery Receiving Doctors Are Not Punished

Taiwan: Premier orders probe into ex-labor minister’s allegations

WSJ Corruption Currents: From ‘A Bit of an Idiot’ to Tweeting Goodbyes to Food (6 August 2014).

WSJ Corruption Currents: From ‘A Bit of an Idiot’ to Tweeting Goodbyes to Food (6 August 2014). By Samuel Rubenfeld. http://blogs.wsj.com/riskandcompliance/2014/08/06/corruption-currents-from-a-bit-of-an-idiot-to-tweeting-goodbyes/

Dealing with corruption in Africa: A complex yet surprisingly simple answer

Corruption is a pervasive concern among investors considering entry in Africa. The statistics are not encouraging: Corruption is known to devour substantial portions of the continent’s tax revenue, its gross domestic product and even international aid, and can create a strong deterrent to international investments.

Read the article by Mima Nedelcovych in Devex