From: Ethical Alliance Daily News - 9 Dec 2016


 

United States: Zimmer Biomet to settle bribery charges with U.S. prosecutors: filing
Dec 09, 2016 08:00 pm
U.S. authorities will reach a settlement with medical device maker Zimmer Biomet Holdings Inc over bribery allegations in the next four weeks, prosecutors said in a court filing Thursday. The new agreement would replace a 2012 settlement with the U.S....
South Korea’s parliament on Friday passed a motion to impeach President Park Geun-hye over her alleged link to a corruption scandal involving her confidante that has paralyzed the government for the past several weeks. The motion was passed with an...
As many as 70% of respondents in a survey conducted last month agree that the Narendra Modi government’s demonetisation initiative can help curb corruption in the long term, said multinational professional service Ernst & Young (EY) on Thursday. The sample...
Malaysian state fund 1MDB’s court dispute with Abu Dhabi’s sovereign wealth fund over a US$6.5 billion (S$9.2 billion) claim is still “ongoing”, with the 1MDB chairman yesterday (December 8 2016) denying the firm had sought help from China to settle...
A U.S. government official said the Glencore-Rosneft deal wasn’t what it was hoping for when it imposed sanctions on Russia, and Washington will need to review the deal and how it’s financed. “We are reviewing the deal, looking at how...
Former French budget minister Jerome Cahuzac, whose brief in government was to crack down on tax dodgers, was sentenced to three years in prison on Thursday (Dec 8) for tax fraud and money laundering. Cahuzac’s ex-wife Patricia Menard was given...

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