Ethical Alliance Daily News - 4 Nov 2016

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United States: Och-Ziff Saw $2.5 Billion of Outflows After Bribery Accord
Nov 04, 2016 08:00 pm
Och-Ziff Capital Management Group LLC, the hedge fund that settled a federal bribery probe in September, said clients pulled $2.5 billion of assets in the last month. The firm suffered withdrawals of $2.4 billion on Oct. 1, and about $102...
South Korea’s embattled president on Friday apologized to the nation over a snowballing political crisis involving a secret aide and said she would submit to an investigation “if necessary,” as her approval ratings dropped to the lowest recorded since democracy...
New Communist Party disciplinary rules pushed through by Xi Jinping put senior leaders under greater scrutiny, opening another front in a four-year anti-graft campaign that has helped consolidate the president’s power while punishing more than 1 million officials. The rules detailed...
Swiss authorities said on Thursday they had confiscated 11 luxury cars as part of criminal proceedings opened against the son of Equatorial Guinea’s longtime leader on suspicion of money laundering. Through his lawyer, 47-year-old Teodorin Obiang, who is also the...
United States law enforcement authorities are investigating a Russian sports agent based in New York on suspicion of bribery and corruption, sources tell The New York Times. The agent, Andrey Baranov, who lives on Manhattan’s Upper West Side, has been...
Police beat anti-corruption protesters with batons and fired volleys of tear gas to disperse them in Kenya’s capital on Thursday, Reuters witnesses said. Hundreds of people rallied in the center of Nairobi in response to reports in the local media and...

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