From Ethical Alliance Daily News (10 June 2016)

-
World: Disparate laws, low fines mean corporate bribery often pays: OECD
Jun 10, 2016 08:00 pm
A mixed set of rules internationally and low fines in some countries mean that bribery often pays off for companies even when they get caught, inter-governmental think-tank, the OECD, said on Thursday. The Organisation for Economic Cooperation and Development said […]
Read More LinkedIn Twitter

United States: Hedge Fund Manager Charged In Connection with NYC Corrections Union Bribery Scandal
Jun 10, 2016 07:30 pm
The union leader for New York City’s prison guards and a hedge fund financier were charged on Wednesday with orchestrating a bribery scheme involving union retirement and operating funds in a case stemming from a wide-ranging federal corruption probe. The […]
Read More LinkedIn Twitter

India: India signs up to Europe’s anti-corruption plan
Jun 10, 2016 07:00 pm
India has joined a group of nearly 40 nations that have signed a Europe-led clampdown on tax evasion and corruption, committing to automatically exchange information on beneficial ownership, the UK government said. “The following countries have committed to the initiative […]
Read More LinkedIn Twitter

Liberia: Liberia indicts Sable Mining chief executive over alleged bribery scandal
Jun 10, 2016 06:30 pm
A grand jury in Liberia indicted on Thursday the chief executive officer of the London AIM-listed Sable Mining, Andrew Groves, in connection with an alleged bribery scandal involving several senior Liberian officials, the head of a special task force said. […]
Read More LinkedIn Twitter

South Korea: Youngest lawmaker faces bribery probe
Jun 10, 2016 06:00 pm
Rep. Kim Su-min of the minority opposition People’s Party ― currently the youngest National Assembly member ― is being investigated on suspicion of receiving kickbacks from her campaign promoters during the general election campaign in April. According to the Seoul […]
Read More LinkedIn Twitter

Kenya: Kenya Fires 302 Police Officers as It Fights Corruption
Jun 10, 2016 05:30 pm
A national commission in Kenya announced Thursday it has fired 302 police officers who refused to be vetted as part of reforms of the police force. The reforms are aimed at restoring public confidence in an institution repeatedly implicated in […]
Read More LinkedIn Twitter
 

Popular posts from this blog

Middle East & North Africa - Ukraine - Sri Lanka

-
Corruption fuels ongoing conflict. The Middle East and North Africa has been in a decline on the Corruption Perceptions Index (CPI) for years. The region is also ranked as the "least peaceful region" according to the Global Peace Index. Transparency International (TI) argues that corruption, conflict, and security are profoundly intertwined. TI: https://www.transparency.org/en/news/cpi-2022-middle-east-north-africa-corruption-fuels-ongoing-conflict   [Opinion] Ukraine's corruption purge is setting the stage for private investment-driven recovery. Corruption is regarded as a key threat to the Ukrainian economy, depriving public budgets and discouraging foreign direct investments (FDI). The current administration has taken strong anti-corruption action, and the country has witnessed a significant increase in FDI in recent years, says author. DevDiscourse: https://www.devdiscourse.com/article/business/2353089-ukraines-corruption-purge-setting-stage-...
Read more

The Pacific - Nepal - Eastern Europe & Central Asia

-
[Blog] How are perceptions of corruption in seven small Pacific countries? Larger Pacific Island neighbors are often garnering the lion's share of attention both from researchers and policy makers. How are the experiences of corruption in countries like Tuvalu, Tokelau, Niue, the Republic of the Marshall Islands (RMI), The Cook Islands, Palau, and Nauru? DevPolicy Blog: https://devpolicy.org/perceptions-of-corruption-in-seven-small-pacific-island-countries-20230223/   [Opinion] Two decades of new anti-corruption law in Nepal: Why it missed its mark. According to a Nepalese journalist, the Anti-Corruption law and Prevention of Corruption act of 2002 laid the foundation for numerous investigations, scandals, and court cases. To a large extent, they did however fail to enable significant conviction and return of assets. Online Khabar: https://english.onlinekhabar.com/anti-corruption-law-missing-target.html   [Blog] Growing security risks and authorit...
Read more

Global - Sub-Saharan Africa - Turkey & Syria

-
Invisible Trillions review: Global capitalism operates beyond the rule of law and threatens democracy. Raymond W. Baker's new book "Invisible Trillions" argues that "secrecy has become as important for corporations as transparent and taxable profits used to be". "Only radical improvements across the globe in financial transparency and accountability, and in regulatory capacity and integrity, can break this cycle of political decay and despair". The Conversation: https://theconversation.com/invisible-trillions-review-global-capitalism-operates-beyond-the-rule-of-law-and-threatens-democracy-199311   [Blog] The dynamics of violent extremism in sub-Saharan Africa. There is no better environment for the expansion of violent extremist groups than a vacuum in state authority. These groups begin to compete with the state and may even be initially attractive to communities weary of years of lawlessness, corruption, and chaos according to autho...
Read more