Ethical Alliance Daily News - 17 May 2017

Brazil: Brazil police launch new agribusiness inspection probes
May 17, 2017 08:00 pm

One of the two newly launched probes involves an alleged scheme to delay or cancel fines in in return for some 3 million reais ($965,000) in bribes between 2010 and 2016, police said. Meatpacker Minerva is among the companies targeted...

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Australia: Miners BHP Billiton, Woodside, Orica warn investments at risk from proposed foreign bribery laws
May 17, 2017 07:30 pm

Mining giants BHP Billiton, Woodside and Orica have warned the federal government against going too far in strengthening Australia’s foreign bribery laws, saying it could put local companies at risk and prevent them from taking up new investments overseas. In submissions as...

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Hong Kong: Hong Kong leader Leung Chun-ying admits intervening in probe into HK$50 million payment
May 17, 2017 07:00 pm

Hong Kong’s leader on Tuesday denied any wrongdoing as he admitted his behind-the-scenes intervention in a legislative investigation into his past business dealings, landing himself in a new political storm less than two months before he steps down. Chief Executive...

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Peru: Peru’s Grana y Montero shares drop 10 pct on charges in bribery case
May 17, 2017 06:30 pm

Shares in Peru’s largest construction company Grana y Montero plunged more than 10 percent on Tuesday after prosecutors filed charges against the firm and a former top executive in a corruption case linked to Brazilian builder Odebrecht. Prosecutors presented the...

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World: Kenya, China sign treaties to fight corruption, recover stolen public assets
May 17, 2017 06:00 pm

Kenya has signed three major treaties with China signifying commitment in the fight against corruption. They are the Treaty on Extradition, Mutual Legal Assistance and Transfer of Prisoners. Attorney General Githu Muigai signed the agreements on behalf of the Kenyan...

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India: Government to strengthen agency under GST to check tax evasion
May 17, 2017 05:30 pm

Ahead of the planned GST rollout from July 1, the government is strengthening the body responsible for detecting tax evasion and will set up two new agencies, including one for business intelligence and analytics. With the goods and service tax...

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Vietnam inspection teams / South Korea jobs / Malaysia university students

Vietnamese inspection teams set up targeting serious corruption cases.  Eight inspection teams have been set up to inspect and supervise the investigation, prosecution and trial of serious corruption and economic cases related to the standing boards of 20 provincial party committees.

Vietnam Net Bridge: http://english.vietnamnet.vn/fms/government/177688/inspection-teams-set-up-targeting-serious-corruption-cases.html

South Koreans Want New Leader to Create Jobs Minus Corruption.  Creating jobs, ending corruption and boosting stubbornly low birthrates should be high on a to-do list for South Korea's next president after a campaign mostly dominated by security and foreign policy issues.

Bloomberg: https://www.bloomberg.com/news/articles/2017-05-07/s-koreans-want-new-leader-to-create-jobs-minus-corruption

Increasing number of Malaysian university students prepared to accept bribes.  An increasing number of university students willing to accept or offer bribes as shown in a Malaysian Anti-Corruption Commission (MACC) study is worrying, said chief commissioner Datuk Dzulkifli Ahmad.

The Star: http://www.thestar.com.my/news/nation/2017/05/06/macc-survey-shows-increasing-number-of-university-students-prepared-to-accept-bribe/

Global Compliance News - 10 May 2017

Switzerland to Overhaul its Data Protection Framework Switzerland to Overhaul its Data Protection Framework In the wake of EU's upcoming General Data Protection Regulation (GDPR), the Swiss government has recently issued a preliminary draft of a new Data Protection Act (Draft-DPA) that aims to modernize Swiss data protection law. Read more.

Indonesian OJK Issues New Regulation on Administrative Sanctions The OJK would issue administrative sanctions incrementally. However there are now exceptions to this general rule. Read more.

Czech criminal court has terminated proceedings against a legal entity due to implementation of a compliance program The Municipal court in Prague ruled that criminal proceedings against a company will be terminated because the company "has used all efforts to prevent the commitment of the crime" by one of its managing employees and therefore fulfilled the conditions for its exculpation. Read more.

Canada: Pharmaceutical Industry Should Prepare for Individual Producer Responsibility The uncertainty among producers within the waste diversion industry in Canada over the coming change from an industry-funded organization fee-based model to an individual producer responsibility regime for “brand holders” has principally focused upon those various regulated waste streams at the centre of mandatory diversion. Read more.

Trump Order Raises Significant FCA Compliance Concerns President Trump signed an executive order calling for increased monitoring and enforcement of laws that require -- or express a preference for -- domestic goods, services, and labor. Trump’s order requires more rigorous enforcement of “Buy American” laws that require agencies and government contractors to procure goods, products or materials that are produced in the United States. Read more.

An Exercise in Underachievement–The UK’s Half-Hearted Half-Measures To Exclude Corrupt Bidders from Public Procurement

"All that the UK has done so far to implement its London Summit commitments regarding debarment of corrupt contractors is to declare that it would establish a new 'conviction check' on bidders for public procurement contracts. "

 Susan Hawley, policy director of Corruption Watch.

https://globalanticorruptionblog.com/2017/05/11/guest-post-an-exercise-in-underachievement-the-uks-half-hearted-half-measures-to-exclude-corrupt-bidders-from-public-procurement/

Ethical Alliance Daily News - 12 May 2017

United States: Wal-Mart CEO to be questioned in U.S. lawsuit over Mexican bribery
May 12, 2017 08:00 pm

A federal judge on Thursday ordered Wal-Mart Stores Inc Chief Executive Douglas McMillon to submit to questioning in a lawsuit by shareholders hoping to learn what he knows about suspected bribery by the world’s largest retailer in Mexico. U.S. District...

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World: FIFA President Says Ousted Ethics Officials Were Failures
May 12, 2017 07:30 pm

FIFA President Gianni Infantino defended the controversial decision to replace the soccer body’s former ethics leaders, saying the ousted duo had failed in their task of identifying those responsible for the biggest corruption scandal in the organization’s history. Chief investigator...

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United States: Barclays to pay US$97m for overcharging investors
May 12, 2017 07:00 pm

British banking giant Barclays has agreed to repay nearly US$100 million to investment clients it overcharged for services, US financial regulators said on Wednesday (May 10). The bank overbilled investment clients by nearly US$50 million, US Securities and Exchange Commission...

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Malaysia: TNB manager who accepted BMW car as bribe arrested for graft
May 12, 2017 06:30 pm

A Tenaga Nasional Berhad project manager and a renovation contractor were arrested by the Malaysian Anti-Corruption Commission (MACC) this morning (May 10 2017) for alleged graft. The government-linked company employee was alleged to have accepted a car, a BMW 5...

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China: China says three of most wanted graft suspects let off
May 12, 2017 06:00 pm

Three people on China’s list of 100 most wanted graft suspects overseas were not prosecuted when they finally returned to China, the government has said in an update on the cases of 40 people on the list it has had...

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United States: Singapore executives plead guilty in ‘Fat Leonard’ Navy scandal
May 12, 2017 05:30 pm

Two Singapore-based executives pleaded guilty in San Diego federal court Tuesday to their role in the massive “Fat Leonard” bribery scandal, admitting they helped their boss, Leonard Glenn Francis, overcharge the Navy in a scheme that has exceeded $38.4 million....

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Transparency International - Daily Corruption News - 11 May 2017

Today's Top Story

St Kitts and Nevis: The Federation Disputes US Money Laundering And Financial Crimes Report
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Does St. Kitts and Nevis have adequate legislation in place to regulate the financial sector and prevent money laundering?

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Moldova: Corruption and East-West Divide Worsen Moldova’s Woes
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Brazil: Brazil's Lula calls corruption case 'a farce' 
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Pacific Islands: Pacific youth join fight against corruption 
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USA: Nevada Democrats call for hearing into corruption claim 
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Tunisia: Tunisia deploys army amid protests over jobs, corruption 
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