Feb 17, 2017 08:00 pm
A South Korean court on Friday ordered the arrest of Jay Y. Lee, head of the Samsung Group, on suspicion of bribery and other charges in a corruption scandal that led parliament to impeach President Park Geun-hye. Prosecutors accuse Lee...
Brazilian police targeted the son of Senator Edison Lobão and a former senator in search-and-seizure operations on Thursday, a source said, investigating possible bribes paid during construction of the Belo Monte hydroelectric dam. Federal police said searches were based on...
The EU on Thursday hailed the decision by Romania to reverse a government decree that would have weakened anti-corruption laws and sparked a wave of protests. “I really welcome the fact that emergency ordinance 13 has been repealed. That’s a...
A Chinese court on Thursday jailed for life a former senior judge from the country’s highest court, after finding him guilty of corruption, state media said, the latest official to fall foul of a sweeping crackdown on graft. Xi Xiaoming,...
Thousands marched in Panama on Thursday to protest a scandal over huge bribes paid by a Brazilian company in exchange for public contracts. “No more governments of thieves and the corrupt,” read some placards as the crowd moved through the...
A jury deliberating the fate of Hong Kong’s former leader Donald Tsang in his high-profile corruption trial failed to return a verdict last night (February 16 2017) by press time. Tsang, 72, held the leadership post of chief executive for...
United Arab Emirates: Talks by UAE fund seeking $6.5 billion from 1MDB deadlocked: sources
Feb 16, 2017 08:00 pm
Feb 16, 2017 08:00 pm
Private talks in which Abu Dhabi state fund International Petroleum Investment Co (IPIC) is seeking $6.5 billion from Malaysia’s troubled 1MDB fund have reached deadlock, sources familiar with the negotiations told Reuters. IPIC took its case to the London Court...
United Kingdom: Airbus shakes up international marketing unit amid fraud probe: sources
Feb 16, 2017 07:30 pm
Feb 16, 2017 07:30 pm
European planemaker Airbus is shaking up its international marketing organization amid a UK investigation into suspected irregularities in the use of intermediaries to help it land new orders, three people familiar with the matter said. The move is part of...
The chief executive of Paz Oil, Israel’s largest distributor of refined oil products, has been questioned by police over allegations he bribed public officials, the company said on Wednesday. The questioning is linked to the corruption investigation into the municipality...
The Corruption Eradication Commission (KPK) will delve into the role of a businessman and family member of President Joko “Jokowi” Widodo in a bribery case implicating a tax official. The indictment of businessman Ramapanicker Rajamohanan Nair, who was allegedly caught...
The scandal-hit campaign of French presidential candidate Francois Fillon has been hit by new allegations in the media. Mr Fillon’s spokesman, Thierry Solere, is being investigated for alleged tax evasion, reported the Canard Enchaine. Mr Solere denied any wrongdoing and...
Some 300 employees of the Bureau of Internal Revenue (BIR) tendered their resignation after the agency initiated a crackdown on corruption, Commissioner Caesar R. Dulay said Tuesday.”We have about 300 resignations and retirements already. Maybe it’s a subtle way of...
United States: Trump nixes anti-corruption regulation for U.S. energy companies
Feb 15, 2017 08:00 pm
President Donald Trump on Tuesday signed legislation to scrap an anti-corruption regulation enacted last year to increase transparency in the business dealings of energy companies. Trump signed House Joint Resolution 41 to repeal the rule, which required U.S. energy companies...
Hong Kong is beefing up its anti-money laundering and corporate disclosure laws in a move that some financial crime specialists say could lead to the exodus of billions of dollars in assets from the territory as people seek to avoid...
A court in southeastern China on Wednesday sentenced the former Communist Party boss of the northern province of Hebei to 15 years in jail after finding him guilty of corruption, the latest senior official jailed in a sweeping crackdown on...
Romania’s upper house of parliament, the Senate, on Tuesday unanimously endorsed a government order to scrap a graft decree that triggered mass street protests, international criticism and finally an embarrassing U-turn by the month-old cabinet. The Senate backed the order...
India’s Supreme Court convicted a confidante of the late chief minister of Tamil Nadu on Tuesday in a corruption case that will put her behind bars and effectively end her bid to become chief minister of the southern state. The...
The Malaysian Anti-Corruption Commission (MACC) is sending officers to several agencies in Sabah, considered as “prone to corruption”, to monitor if fundings allocated to them are being put to good use or reaching its intended recipients. Newly-appointed Sabah MACC director...
