Hong Kong rail workers / Thailand new law / FTC job corruption

-

Duo charged with bribery over employment of construction workers (Press release).  Two former workers of a construction engineering company have been charged by the ICAC with soliciting and accepting illegal rebates of over $43,000 in total from four fellow workers in relation to their employment with the company.

Hong Kong Independent Commission Against Corruption (ICAC):  https://www.icac.org.hk/en/press/index_id_602.html

 

Thailand Passes New Anti-Corruption Law.  An important addition in the New Anti-Corruption Law is that the legal entities covered under the law now also include foreign juristic persons, meaning that it applies to organizations that are registered abroad but operating in Thailand. This would cover situations where a company may not have a physical presence in Thailand, but is using local agents to win government contracts, for example.

Tilleke & Gibbins/Lexology: https://www.lexology.com/library/detail.aspx?g=2cfc0be0-5b65-408a-81fd-a9cafa163239

 

FTC tries to stamp out corruption.  Korea’s antitrust watchdog is strengthening its efforts to eradicate corruption among its officials, particularly focusing on rooting out a practice where its former employees got hired by local conglomerates they oversaw while working for the commission, according to the country’s top competition regulator.

Choi Hyung-Jo/Korea JoongAng Daily: http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=3052146&cloc=joongangdaily|home|newslist1

Popular posts from this blog

The Pacific - Nepal - Eastern Europe & Central Asia

-
[Blog] How are perceptions of corruption in seven small Pacific countries? Larger Pacific Island neighbors are often garnering the lion's share of attention both from researchers and policy makers. How are the experiences of corruption in countries like Tuvalu, Tokelau, Niue, the Republic of the Marshall Islands (RMI), The Cook Islands, Palau, and Nauru? DevPolicy Blog: https://devpolicy.org/perceptions-of-corruption-in-seven-small-pacific-island-countries-20230223/   [Opinion] Two decades of new anti-corruption law in Nepal: Why it missed its mark. According to a Nepalese journalist, the Anti-Corruption law and Prevention of Corruption act of 2002 laid the foundation for numerous investigations, scandals, and court cases. To a large extent, they did however fail to enable significant conviction and return of assets. Online Khabar: https://english.onlinekhabar.com/anti-corruption-law-missing-target.html   [Blog] Growing security risks and authoritarian
Read more

Middle East & North Africa - Ukraine - Sri Lanka

-
Corruption fuels ongoing conflict. The Middle East and North Africa has been in a decline on the Corruption Perceptions Index (CPI) for years. The region is also ranked as the "least peaceful region" according to the Global Peace Index. Transparency International (TI) argues that corruption, conflict, and security are profoundly intertwined. TI: https://www.transparency.org/en/news/cpi-2022-middle-east-north-africa-corruption-fuels-ongoing-conflict   [Opinion] Ukraine's corruption purge is setting the stage for private investment-driven recovery. Corruption is regarded as a key threat to the Ukrainian economy, depriving public budgets and discouraging foreign direct investments (FDI). The current administration has taken strong anti-corruption action, and the country has witnessed a significant increase in FDI in recent years, says author. DevDiscourse: https://www.devdiscourse.com/article/business/2353089-ukraines-corruption-purge-setting-stage-
Read more

Global - Sub-Saharan Africa - Turkey & Syria

-
Invisible Trillions review: Global capitalism operates beyond the rule of law and threatens democracy. Raymond W. Baker's new book "Invisible Trillions" argues that "secrecy has become as important for corporations as transparent and taxable profits used to be". "Only radical improvements across the globe in financial transparency and accountability, and in regulatory capacity and integrity, can break this cycle of political decay and despair". The Conversation: https://theconversation.com/invisible-trillions-review-global-capitalism-operates-beyond-the-rule-of-law-and-threatens-democracy-199311   [Blog] The dynamics of violent extremism in sub-Saharan Africa. There is no better environment for the expansion of violent extremist groups than a vacuum in state authority. These groups begin to compete with the state and may even be initially attractive to communities weary of years of lawlessness, corruption, and chaos according to autho
Read more