From: Ethical Alliance Daily News - 3 August 2016

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United States: Och-Ziff Doubles Reserve to $414 Million to Settle Probe
Aug 03, 2016 08:00 pm
Och-Ziff Capital Management Group LLC, the hedge fund firm run by Daniel Och, more than doubled the money it’s setting aside for a settlement with U.S. authorities and is in talks to raise capital from partners to help cover the […]
A court in east China’s Anhui Province on Tuesday convicted and sentenced the former head of the provincial tourism bureau to 12 years behind bars for bribe-taking. The ruling was handed down by Anqing City Intermediate People’s Court Tuesday after […]
Brazil’s federal police said they had arrested two people and raided properties on Tuesday over alleged corruption at building firm Queiroz Galvao, widening a sweeping investigation focused on state-run oil company Petroleo Brasileiro SA. “Operation Carwash” was launched two years […]
Iraq’s prime minister banned travel by a number of legislators accused of corruption and extortion on Tuesday. The travel ban, Prime Minister Haider al-Abadi said, will be temporary, and will remain in force until an investigation is completed. It comes […]
Corruption is widespread at the nation’s three credit ratings agencies as they accept financial resources from companies they evaluate, then suspend filing public notice of their negative ratings for more than one year, an opposition party lawmaker said Tuesday. Rep. […]
A prominent mainland human rights lawyer whose firm was at the centre of last year’s massive government crackdown on rights activists is expected to stand trial in Tianjin this week on charges of subverting state power. News also emerged on […]

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