Thursday, April 16, 2015

The OECD Report on Corruption in Sectors: Will it Hurt the Brand?


Consequences of Corruption at the Sector Level and Implications for Economic Growth and Development is the OECD’s latest report on corruption. Released March 25, it was written at the request of G-20 governments and follows an earlier one the organization did for the G-20’s September 2013 meeting.  Whereas that report examined the impact of corruption on rates of economic growth and levels of development, this one adopts a micro perspective, analyzing the effect of corruption and suggesting ways to fight it for four sectors of national economies: i) extractive industries, ii) utilities and infrastructure, iii) health, and iv) education.

Corruption Currents: Oregon Bank Drops Marijuana Clients (14 April 2015) – Wall Street Journal


Corruption Currents: Oregon Bank Drops Marijuana Clients (14 April 2015) – WSJ. http://blogs.wsj.com/riskandcompliance/2015/04/14/corruption-currents-oregon-bank-drops-marijuana-clients/

Daily Corruption News (15 April 2015) - Transparency International

15 April 2015
Today's top story
Global: Lobbyists threaten European democracy, anti-graft body says
Reuters (TI mention)
Lack of control over lobbyists threatens to undermine European democracies, the anti-corruption pressure group Transparency International said on Wednesday, as it called for tight new regulation.

More news

Multimedia of the week

Blogs and opinion
Global: Documentar la corrupción (Documenting corruption)
Excelsior

News from Transparency International
Web feature: Europe: a playground for special interests amid lax lobbying rules
Web feature: Welcome to Transparency International’s new corruption in sport initiative

The Ethical Alliance Daily (15 April 2015)

United States: Justice Department Charges Former Export-Import Bank Official With Bribery

Published on Apr 15, 2015 11:30 pm

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Germany: German government poised to tackle healthcare corruption

Published on Apr 15, 2015 11:00 pm

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Australia: Icac loses bid to investigate Margaret Cunneen

Published on Apr 15, 2015 10:30 pm

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United States: Bank fraud: Indian priest sentenced to 27 yrs in jail in US

Published on Apr 15, 2015 10:00 pm

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Israel: Israeli multimillionaire rabbi pleads guilty to bribery

Published on Apr 15, 2015 09:30 pm

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Brazil: Corruption Alert In Brazil: Caixa Economica Faces Accusations Similar To Petrobras SA (ADR) (PBR) Scandal

Published on Apr 15, 2015 09:00 pm

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Singapore: Corruption still possible after favorable act has already been completed

Published on Apr 15, 2015 08:30 pm

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Kosovo: Expert criticizes EU’s handling of Kosovo corruption allegations

Published on Apr 15, 2015 08:00 pm

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China: Chinese police chase corruption suspects in Australian suburbs

Published on Apr 15, 2015 07:30 pm

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South Korea: South Korea corruption probe grows after businessman’s suicide

Published on Apr 15, 2015 07:00 pm

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Tuesday, April 14, 2015

The Golden Handshake: Background Rules and the Choice of Restoring Money or Doing Justice

The anticorruption community has recently put more emphasis on freezing, seizing, and repatriating the assets of corrupt kleptocrats. But while this move is in many ways welcome, it is still the case that essentially none of the most infamous kleptocrats have ended up behind bars.

Read the post by Mohamed Moussa, in the Global Anticorruption Blog. http://globalanticorruptionblog.com/2015/04/13/the-golden-handshake-background-rules-and-the-choice-of-restoring-money-or-doing-justice/

Pearl Initiative, UNGC forum aims to improve Gulf business transparency

The Pearl Initiative and the United Nations Global Compact (UNGC) will hold their inaugural Forum in the Gulf region next week, with Reem Al Hashimy, UAE Minister of State, giving the keynote address.
The event at the Dubai World Trade Centre on April 16 is expected to bring together over 500 regional and international business leaders, representatives from UN organisations, government and civil society around the theme ‘Corporate Accountability Matters; Business Integrity and Value Creation Beyond 2015’.

Read more: http://www.arabianbusiness.com/pearl-initiative-ungc-forum-aims-improve-gulf-business-transparency-588569.html

Daily Corruption News (13 April 2015) - Transparency International

13 April 2015
Today's top story
China: Jiang Jiemin trial links key officials in China’s corruption crackdown
Wall Street Journal
After two years of piecemeal detentions, a trial began tying together key figures in China’s anticorruption campaign, with prosecutors linking the former head of a big state oil company to the country’s retired security czar, Zhou Yongkang.

More news
Global: U.S. court allows EU money-laundering case vs. RJ Reynolds
Reuters
Brazil: Hundreds of thousands rally against corruption in Brazil
BBC
Chile: José Antonio Viera-Gallo: Chile “necesita un golpe de timón” (José Antonio Viera-Gallo: Chile "needs a change of direction")
BioBioChile (TI mention)
France: Les experts du médicament contraints à la transparence (Drug experts forced into transparency)
Les Echos
South Korea: Ruling party chief willing to cooperate with corruption scandal probe
Yonhap
Thailand: NACC to submit new corruption list
Bangkok Post

Blogs and opinion
Dominican Republic: Presunción de enriquecimiento ilícito (Presumption of illicit enrichment)
Acento (TI mention)
South Sudan: Sudan Expert: International community enabled South Sudanese corruption
Al Jazeera America

News from Transparency International
Upcoming report: Lobbying in Europe: Hidden Influence, Privileged Access
Web feature: Corruption in sport initiative