China BRI argument / Malaysia 1MDB repercussions / Philippines Ombudsman retaliation
It’s in China’s Interest to Fight Corruption on the Belt and Road (Blog). “…if China is serious about using the BRI to create a new set of Chinese-led international norms for the 21st century, it’s in China’s long-term national interest to make anticorruption one of those norms.”
Goldman Sachs gets downgraded on worries over fallout from 1MDB scandal. Adding insult to injury, Goldman Sachs Group Inc. was downgraded by fellow broker Morgan Stanley, which cited “risks and uncertainties” surrounding the investigation into Goldman’s role in the 1MDB scandal.
Ombudsman files complaint vs lawyer who accused gov't prosecutors of corruption. Ombudsman Samuel Martires filed a complaint at the Quezon City Prosecutor’s Office against lawyer Edna Batacan for alleged violation of the Ombudsman Act as well as corruption of public officials, after Batacan claimed the Office of the Ombudsman is a “graft-ridden office” where one has to “shell out P50,000 [955 USD]” just to get the status of a case.