From: Ethical Alliance Daily News - 13 Dec 2016


 

France: IMF chief Lagarde on trial in France over tycoon case
Dec 13, 2016 08:00 pm
IMF chief Christine Lagarde went on trial in France on Monday (Dec 12) over a massive state payout to a flamboyant tycoon when she was finance minister, in a case that risks tarnishing her stellar career. Lagarde denies the charges...
A total of 29 current and former staff of five financial instutitions, including four banks, have been arrested in Hong Kong for alleged bribery related to the disclosure of confidential customer information, the Independent Commission Against Corruption (ICAC) said on...
The 60-year-old Democratic Congressman represented the state of Pennsylvania for 22 years, and was one of Congress’ most senior black lawmakers. The penalty was handed down by a federal judge in Philadelphia, the city that he represented until June 2016....
South Korea’s ruling Saenuri Party said Monday it will punish President Park Geun-hye over a corruption scandal involving her and her confidante regardless of a separate investigation into the case. The party’s central ethics committee made the decision after reviewing...
Brazil’s top prosecutor brought new charges against Senate President Renan Calheiros on Monday, accusing him of taking part in corruption at state oil company Petrobras a week after he was nearly removed in an earlier embezzlement case. Prosecutor General Rodrigo...
Ghana’s President-elect Nana Akufo-Addo says he will set up a special team to investigate corruption but said it would not be a “witch-hunt”. He said his government would distance itself by allowing an independent prosecutor to investigate cases and make...

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