Saturday, November 5, 2016

Ethical Alliance Daily News - 4 Nov 2016


 

United States: Och-Ziff Saw $2.5 Billion of Outflows After Bribery Accord
Nov 04, 2016 08:00 pm
Och-Ziff Capital Management Group LLC, the hedge fund that settled a federal bribery probe in September, said clients pulled $2.5 billion of assets in the last month. The firm suffered withdrawals of $2.4 billion on Oct. 1, and about $102...
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South Korea’s embattled president on Friday apologized to the nation over a snowballing political crisis involving a secret aide and said she would submit to an investigation “if necessary,” as her approval ratings dropped to the lowest recorded since democracy...
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New Communist Party disciplinary rules pushed through by Xi Jinping put senior leaders under greater scrutiny, opening another front in a four-year anti-graft campaign that has helped consolidate the president’s power while punishing more than 1 million officials. The rules detailed...
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Swiss authorities said on Thursday they had confiscated 11 luxury cars as part of criminal proceedings opened against the son of Equatorial Guinea’s longtime leader on suspicion of money laundering. Through his lawyer, 47-year-old Teodorin Obiang, who is also the...
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United States law enforcement authorities are investigating a Russian sports agent based in New York on suspicion of bribery and corruption, sources tell The New York Times. The agent, Andrey Baranov, who lives on Manhattan’s Upper West Side, has been...
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Police beat anti-corruption protesters with batons and fired volleys of tear gas to disperse them in Kenya’s capital on Thursday, Reuters witnesses said. Hundreds of people rallied in the center of Nairobi in response to reports in the local media and...
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Thursday, November 3, 2016

WSJ - Corruption Currents: States Ask for Help To Protect Elections from Hackers - 1 Nov 2016

WSJ - Corruption Currents: States Ask for Help To Protect Elections from Hackers - 1 Nov 2016. By Samuel Rubenfeld. http://blogs.wsj.com/riskandcompliance/2016/11/01/corruption-currents-states-ask-for-help-to-protect-elections-from-hackers/
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Ethical Alliance Daily News - 2 Nov 2016

 

United Kingdom: Serious Fraud Office given extra funds to investigate Unaoil bribery claims
Nov 02, 2016 08:00 pm
The Serious Fraud Office has been given special funding to pursue its criminal investigation into a firm that has been implicated in an international bribery scandal. The Treasury has awarded the extra money for the agency’s inquiry into a Monaco-based...
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Swiss private bank EFG International’s newly acquired BSI business suffered net new money outflows of 17.8 billion Swiss francs ($18 billion) in the first 10 months of 2016 amid sanctions over ties to a scandal-hit Malaysian state fund. EFG said...
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Turning up the heat on Pakistan Prime Minister Nawaz Sharif after months of constant jibes by opposition parties, Pakistan’s Supreme Court on Tuesday began hearing a case into the Panama papers leaks. The Supreme Court also offered to create a...
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Two former executives of a Singapore company that supplies ships have been extradited in a wide-spanning bribery scandal involving its CEO nicknamed “Fat Leonard” and high-ranking US Navy officials. Former Glenn Defense Marine Asia executives Neil Peterson and Linda Raja...
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A new poll conducted in Ukraine shows a majority of the country’s residents see little progress being made by the government on the key issues of tackling corruption and improving the economy. The survey, undertaken by the International Republican Institute...
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Lawyers representing South African President Jacob Zuma urged the High Court to halt the release of a report of the nation’s graft ombudsman into allegations that the Gupta family, who are friends with the president, exercised undue influence over the...
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Tuesday, October 18, 2016

Anti-corruption justice and collaboration in Kosovo: Challenges and recommendations - U4 Brief

The author, Sheelagh Brady, is a Senior Security Analyst at SAR Consultancy and has also written the background report to the U4 workshop “Strengthening the role of the Kosovar justice sector in fighting corruption” hosted by the Royal Norwegian Embassy and the Kosovo Judicial Institute, in Prishtina on 23-24 May this year.

Based on the background research and the workshop, the author identifies three key obstacles that if addressed may have a significant positive impact on interagency collaboration and thereby also the investigation and prosecution of corruption cases in Kosovo: insufficient coordination mechanisms, incoherent institutional design, and lack of trust and incentives to collaborate. To further recent progress in interagency collaboration and to ensure that a higher number of investigations and prosecutions are translated into convictions, strategic action would include:

First, to re-establish a coordination mechanism.

Secondly, to review the mandate of the ACA.

Third, to instill collaboration as a matter of routine.

Link to the publication: http://www.cmi.no/publications/5968-anti-corruption-justice-and-collaboration-in
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WSJ - Corruption Currents: U.S. Political System Under Cyberattack, Experts Warn Experts - 14 Oct 2016

WSJ -- Corruption Currents: U.S. Political System Under Cyberattack, Experts Warn. 14 Oct 2016. By Samuel Rubenfeld. http://blogs.wsj.com/riskandcompliance/2016/10/14/corruption-currents-u-s-political-system-under-cyberattack-experts-warn/

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Tuesday, October 11, 2016

Daily Corruption News from Transparency International - 10 Oct 2016

10 October 2016
Today's top story
Nigeria: Nigeria seizes $800,000 in 'anti-corruption raids' on judges
BBC
Nigeria's security agency says it has seized $800,000 (£645,200) in cash in raids targeting senior judges suspected of corruption.
More news
Global: Football insiders claim world game is ‘endemically corrupt’ in player transfers
The Guardian
Cambodia: Leaflets slam corrupt commander
Khmer Times
China: China anti-corruption campaign backfires
Financial Times
Georgia: Transparency International says 70 violations reported in Georgian elections
Georgia Today (TI mention)
Finland: Greens' deputy chairperson: “There's a lot of hidden corruption in Finland.”
Helsinki Times
Papua New Guinea: PNG corruption initiative wins award
Radio New Zealand

Blogs and opinion
Global: Mark Pfeifle: Time to wake up to corruption reality in Ukraine
Kyiv Post

News from Transparency International
On the blog: What are the candidates hiding?
On the web: Stopping corruption in Afghanistan: from promises to action
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Ethical Alliance Daily News - 10 Oct 2016


 

United States: Ex-Costa Rican soccer chief Li pleads guilty in U.S. bribery case
Oct 10, 2016 07:00 pm
A former Costa Rican soccer federation president charged in a U.S. corruption probe involving the sport’s global governing body FIFA pleaded guilty on Friday, admitting he took hundreds of thousands of dollars in bribes. Eduardo Li, also an ex-member of […]
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Bai Enpei, a former member of the country’s top legislative body, the National People’s Congress (NPC), was sentenced to death with a two-year reprieve for bribery, a court in Henan province said Sunday. In an unusual move, the court also […]
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For over five years, two senior officials in Sabah’s water department awarded contracts to their proxies, pocketing 60 per cent of the funds earmarked by the federal government to improve water supply to residents, including those in remote villages, in […]
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Sales of groceries have increased, as more office workers begin to have dinner with their families since an anti-graft law was implemented Sept. 28, an E-mart official said Sunday. According to Korea’s largest discount chain, total sales from Sept. 28 […]
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The No 2 at the Independent Commission Against Corruption tendered his resignation just four days after he took over from his demoted yet well-respected ­predecessor. In this month’s edition of ICAC Post , the official publication of the graft-buster, Ricky […]
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Raids targeting senior Nigerian judges carried out by the country’s security agency were part of an anti-corruption drive and were not an attack on the judiciary, a spokesman for President Muhammadu Buhari said on Sunday. The Department of State Services […]
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