Ethical Alliance Daily News - 16 Sept 2016

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Taiwan: Taiwan slaps ban, fine on bank linked to Panama Papers
Sep 16, 2016 08:00 pm
Taiwan regulators have ordered the removal of executives of a local bank linked to the Panama Papers scandal and barred it from opening overseas branches, saying not enough was done to prevent money laundering. Mega International Commercial Bank had already […]
Two former executives of a foreign defense contractor at the center of a fraud and corruption scandal have been charged with conspiracy to defraud the U.S. Navy and other offenses, the United States Department of Justice said on Thursday. The […]
US and Dutch authorities are seeking $1.4 billion in fines from Telia to settle probes into alleged bribes by the Swedish telecoms operator in the Central Asian state of Uzbekistan, Telia said Thursday. It said the proposals for the settlement […]
Brazilian prosecutors charged ex-President Luiz Inacio Lula da Silva on Wednesday with being the “boss” of a vast corruption scheme at state oil company Petrobras, in a major blow to the leftist hero’s hopes of a political comeback. It was […]
The International Olympic Committee on Tuesday sanctioned four Russian Olympians who competed at the 2008 Beijing and 2012 London games for failing drug tests, including silver medalist Maria Abakumova. Abakumova, who placed second in the javelin at the 2008 Games, […]
Anti-corruption prosecutors probing the finances of a Greek state entity raided the office of the wife of Greek Central Banker Governor Yannis Stournaras and confiscated documents and electronic data, court sources said on Thursday. The prosecutors are investigating possible illegal […]
China’s legislature has expelled 45 of its members in a vote-buying scandal that has snared a prominent businessman who is active in donating to United States universities, foundations and political campaigns. Some of the lawmakers whose dismissals were announced on […]

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