Ethical Alliance Daily News - 12 May 2017

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United States: Wal-Mart CEO to be questioned in U.S. lawsuit over Mexican bribery
May 12, 2017 08:00 pm
A federal judge on Thursday ordered Wal-Mart Stores Inc Chief Executive Douglas McMillon to submit to questioning in a lawsuit by shareholders hoping to learn what he knows about suspected bribery by the world’s largest retailer in Mexico. U.S. District...
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FIFA President Gianni Infantino defended the controversial decision to replace the soccer body’s former ethics leaders, saying the ousted duo had failed in their task of identifying those responsible for the biggest corruption scandal in the organization’s history. Chief investigator...
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British banking giant Barclays has agreed to repay nearly US$100 million to investment clients it overcharged for services, US financial regulators said on Wednesday (May 10). The bank overbilled investment clients by nearly US$50 million, US Securities and Exchange Commission...
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A Tenaga Nasional Berhad project manager and a renovation contractor were arrested by the Malaysian Anti-Corruption Commission (MACC) this morning (May 10 2017) for alleged graft. The government-linked company employee was alleged to have accepted a car, a BMW 5...
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Three people on China’s list of 100 most wanted graft suspects overseas were not prosecuted when they finally returned to China, the government has said in an update on the cases of 40 people on the list it has had...
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Two Singapore-based executives pleaded guilty in San Diego federal court Tuesday to their role in the massive “Fat Leonard” bribery scandal, admitting they helped their boss, Leonard Glenn Francis, overcharge the Navy in a scheme that has exceeded $38.4 million....
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