Ethical Alliance Daily News - 17 May 2017
Brazil: Brazil police launch new agribusiness inspection probes
May 17, 2017 08:00 pm
One of the two newly launched probes involves an alleged scheme to delay or cancel fines in in return for some 3 million reais ($965,000) in bribes between 2010 and 2016, police said. Meatpacker Minerva is among the companies targeted...
Australia: Miners BHP Billiton, Woodside, Orica warn investments at risk from proposed foreign bribery laws
May 17, 2017 07:30 pm
May 17, 2017 07:30 pm
Mining giants BHP Billiton, Woodside and Orica have warned the federal government against going too far in strengthening Australia’s foreign bribery laws, saying it could put local companies at risk and prevent them from taking up new investments overseas. In submissions as...
Hong Kong: Hong Kong leader Leung Chun-ying admits intervening in probe into HK$50 million payment
May 17, 2017 07:00 pm
May 17, 2017 07:00 pm
Hong Kong’s leader on Tuesday denied any wrongdoing as he admitted his behind-the-scenes intervention in a legislative investigation into his past business dealings, landing himself in a new political storm less than two months before he steps down. Chief Executive...
Shares in Peru’s largest construction company Grana y Montero plunged more than 10 percent on Tuesday after prosecutors filed charges against the firm and a former top executive in a corruption case linked to Brazilian builder Odebrecht. Prosecutors presented the...
World: Kenya, China sign treaties to fight corruption, recover stolen public assets
May 17, 2017 06:00 pm
May 17, 2017 06:00 pm
Kenya has signed three major treaties with China signifying commitment in the fight against corruption. They are the Treaty on Extradition, Mutual Legal Assistance and Transfer of Prisoners. Attorney General Githu Muigai signed the agreements on behalf of the Kenyan...
Ahead of the planned GST rollout from July 1, the government is strengthening the body responsible for detecting tax evasion and will set up two new agencies, including one for business intelligence and analytics. With the goods and service tax...