Daily Corruption News from Transparency International - 12 May 2016

12 May 2016 Today's top story Global: UK hails progress, defends tax havens at corruption summit AFP (TI mention) Prime Minister David Cameron hailed progress on pursuing corrupt individuals at an international summit on Thursday, but rejected accusations he had failed to deliver transparency on Britain's overseas tax havens.

More news Global: IMF: Corruption costs global economy $2 trillion a year Voice of America Global: Eletrobras faces U.S. delisting as it assesses graft losses Bloomberg Global: David Miliband's refugee aid group in corruption probe The Telegraph Brazil: Brazil's President Dilma Rousseff to face trial after Senate votes to impeach her Vice News Romania: Romania's anti-graft fight could suffer from legal proposals Reuters Uganda: Uganda president promises to fight corruption after disputed vote Reuters USA: Ex-New York Senate leader, son to face corruption sentencing Reuters

Blogs and opinion Global: The biggest hope for ending corruption is open public contracting Huffington Post USA: More stunning public corruption in Virginia Washington Post UK: Corruption, security and the U.K. IISS Voices

News from Transparency International

On the blog: U.S. response to the Panama Papers: A step in the right direction but more action is needed
Feature: The Anti-Corruption Summit: Now the hard work begins

WSJ - Corruption Currents: Nigeria to Demand Stolen Assets at Anti-Graft Summit (11 May 2016)

WSJ - Corruption Currents: Nigeria to Demand Stolen Assets at Anti-Graft Summit (11 May 2016). By Samuel Rubenfeld. http://blogs.wsj.com/riskandcompliance/2016/05/11/corruption-currents-nigeria-to-demand-stolen-assets-at-anti-graft-summit/

Mauritius ICAC April 2016 Newsletter now available

The Independent Commission Against Corruption of Mauritius has published the April 2016 issue of its official newsletter.  Read it here: https://www.icac.mu/icac-newsletter-april-2016/

Africa's Lost Billions

Over the last 50 years, African countries have lost about $1 trillion to illicit financial flows. This equates to around $50 billion a year and is equivalent to all the official development assistance received by the continent over the same period. It is enough to wipe out Africa’s total external debt of around $250 billion and still leave $600 billion for poverty alleviation and economic growth.

http://www.economywatch.com/features/Africas-Lost-Billions0510.html

G-7 may issue anti-graft action plan at Ise-Shima summit

In the wake of the so-called “Panama Papers” leak, Group of Seven leaders plan to adopt an action plan against corruption and tax evasion when they meet this month, a Japanese government source said Tuesday.

http://www.japantimes.co.jp/news/2016/05/11/national/politics-diplomacy/g-7-may-issue-anti-graft-action-plan-ise-shima-summit/#.VzPhRdfgUgt

Daily Corruption News - Transparency International (11 May 2016)

11 May 2016 Today's top story Nigeria: Nigeria rebuffs David Cameron over corruption remarks Al Jazeera (TI mention) Nigeria's government has rejected comments by the UK prime minister that it is "fantastically corrupt," calling the remarks "embarrassing" and not reflective of modern Nigeria.

More news Global: What are the 10 most corrupt countries? Sky News (TI mention) Global: Banks cull accounts in fight against corruption Financial Times Brazil: Brazil impeachment crisis: 5 things to know about proceedings against President Dilma Rousseff International Business Times Greece: Greece at risk of losing funds earmarked for battling corruption Greek Reporter Ireland: 75% of Irish firms ‘affected by corruption or bribery’ Irish Examiner Japan: Tokyo Olympics: €1.3m payment to secret account raises questions over 2020 Games The Guardian UK: Corrupt foreigners who launder money through luxury London homes face crackdown The Telegraph

Blogs and opinion Nigeria: There is corruption in Nigeria. But don’t call us a corrupt country Guardian

News from Transparency International

On the blog: U.S. response to the Panama Papers: A step in the right direction but more action is needed
Press release: Transparency International responds to Cameron comments regarding Nigeria, Afghanistan and UK Summit

Ethical Alliance Daily News - 11 May 2016

World: Panama Papers Offshore Companies Data Spurs Anti-Graft Moves

Published on May 11, 2016 09:30 pm

   

United States: Berkshire discloses unit’s ties to Iran, opens probe

Published on May 11, 2016 09:00 pm

   

Brazil: 2 Men in Line for Brazilian Presidency Accused of Corruption

Published on May 11, 2016 08:30 pm

   

United Kingdom: BP hired firm linked to bribery scandal, Panama Papers reveal

Published on May 11, 2016 08:00 pm

   

Ireland: 75% of Irish firms ‘affected by corruption or bribery’

Published on May 11, 2016 07:30 pm

   

Australia: Bribery scandal hits Sydney Harbour authority

Published on May 11, 2016 07:00 pm

   

Guatemala: New Charges: Guatemala’s Imprisoned Ex-President Allegedly Received Millions in Bribes

Published on May 11, 2016 06:30 pm

   

Ukraine: Ukraine’s government and biggest banks fight corruption with blockchain-based property auction

Published on May 11, 2016 06:00 pm

   

China: Former senior Shanxi official stands trial for bribery

Published on May 11, 2016 05:30 pm

   

South Korea: Anti-corruption law faces constitutional hurdle

Published on May 11, 2016 05:00 pm