SOE guideline comments / Nissan civil suit / Chinese ex-SOE chief

-

Public Consultation on the OECD Anti-Corruption and Integrity Guidelines for State-Owned Enterprises (Invitation to comment).  The draft text of the Anti-Corruption and Integrity Guidelines is available for the public to provide direct comments to listed contact until 31 January 2019.

OECD:http://www.oecd.org/corporate/public-consultation-oecd-anti-corruption-integrity-guidelines-soes.htm

 

Nissan plans civil suit against Ghosn.  Nissan Motor Co. plans to file suit against former Chairman Carlos Ghosn to claim damages based on its in-house investigations which found several cases of Ghosn and his aides allegedly spending corporate funds for private purposes.

The Japan News: http://the-japan-news.com/news/article/0005482505

 

Fugitive former Hainan SOE head turns himself in.  Wang Junwen, former head of state-owned enterprises in Hainan, has returned to the Chinese mainland to surrender himself to the authorities after fleeing to Hong Kong on charges of bribery, according to a statement released on the website of the Communist Party of China Central Commission for Discipline Inspection (CCDI).

Global Times: http://www.globaltimes.cn/content/1135920.shtml

Popular posts from this blog

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

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 authorit...
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