From: Ethical Alliance Daily News - 21 Nov 2016
Australia: Rio Tinto in spotlight as Australia fraud police targets resources industry
Nov 21, 2016 08:00 pm
Facing international pressure to get tougher on corruption, Australian authorities say they are targeting the resources industry but have yet to be formally asked to look into a high-profile probe into payments at miner Rio Tinto. A senior official at...
South Korea: South Korea prosecutors say President Park was accomplice in corruption scandal
Nov 21, 2016 07:30 pm
Nov 21, 2016 07:30 pm
South Korean prosecutors said on Sunday that they believed President Park Geun-hye was an accomplice in a corruption scandal that has rocked her administration, in a heavy blow to her fight for political survival. The prosecutors’ comments, which came as...
Interpol removed Mol Nyrt. Chief Executive Officer Zsolt Hernadi from its wanted list, ending a three-year pursuit requested by neighboring Croatia over allegations of bribery. The agency deleted the “Red Notice” for the executive of the Hungarian refiner after suspending...
A company founded by a former senior figure at the IAAF, the governing body of world athletics, reportedly received two payments totalling US$3.5 million (S$4.9 million) days before Qatar’s failed bid to host the 2017 world championships and while it...
Philippines: Duterte advises ERC commissioners to resign following officer’s death, alleged corruption
Nov 21, 2016 06:00 pm
Nov 21, 2016 06:00 pm
President Rodrigo Duterte advised commissioners of the Energy Regulatory Board (ERC) to resign, following the alleged suicide of a colleague over the supposed corruption in the regulatory body. Special Assistant to the President Bong Go confirmed the President’s directive on...
U.S. President Barack Obama and Chinese President Xi Jinping agreed to take a strict position against any future North Korea provocations, including nuclear tests and test launches of ballistic missiles, during the annual gathering of the Asia-Pacific Economic Cooperation. The...