Thailand / Bangladesh / Australia

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INFO: Thailand anti-corruption group calls for loss of privileges for corrupt lawmakers
Advocacy group Anti-Corruption Organization of Thailand has offered several suggestions to increase accountability among MPs and senators found guilty of corruption, including:
-- Immediate end to parliamentary protection so that they can be arrested even when parliament is in session;
-- Immediate public disclosure of their respective annual budgets; and,
-- A prohibition from re-allocating any unused fiscal budget to support their own agenda.
Read the National News Bureau of Thailand story, in Thai Visa News. http://news.thaivisa.com/thailand/anti-corruption-group-calls-for-losss-of-privileges-for-corrupt-mps-senators/130624/

COMMENTARY: Graft raises cost of doing business in Bangladesh
"Corruption, including bribery, raises the costs and risks of doing business. By some estimates, off-the-record payments by firms may result in an annual reduction of two to three per cent of GDP (gross domestic product)`. Graft and corruption have a corrosive impact on the broader business climate. It also deters investment, stifles economic growth and development, distorts prices and undermines the rule of law."
Read the op-ed by Shahiduzzaman Khan, in Financial Express. http://www.thefinancialexpress-bd.com/2016/02/13/15576

INFO: Australia’s anti-bribery laws to get extra bite with false accounting offence
A Bill before the Commonwealth Parliament, if passed, will see Australia’s anti-bribery laws strengthened with a new books and records offence of intentional or reckless false dealing with accounting documents.

Read the article by Andrew Emmerson, in Global Compliance News. http://globalcompliancenews.com/australias-anti-bribery-laws-20160211/

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