Fintech money laundering / Myanmar pharmaceutical SOE / India surprise checks

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Money laundering, data breaches emerge as dark side of fintech.  “Coordinating Economic Minister Darmin Nasution said that while fintech could make financial services accessible to more people compared to conventional financial institutions, there were three threats related to the mushrooming of fintech services…money laundering, data breaches and monopolies,”

The Jakarta Post: https://www.thejakartapost.com/news/2019/09/09/money-laundering-data-breaches-emerge-as-dark-side-of-fintech.html

 

Myanmar State Pharmaceutical Factory Official Arrested on Corruption Charges.  “Myanmar’s Anti-Corruption Commission (ACC) opened a case against the general manager of Burma Pharmaceutical Industry (BPI), a state-owned pharmaceutical factory in Insein, Yangon region, charging him with bribery over alleged improper purchasing of raw materials for the factory.”

San Yamin Aung/The Irrawaddy: https://www.irrawaddy.com/news/burma/myanmar-state-pharmaceutical-factory-official-arrested-on-corruption-charges.html  

 

Anti-corruption agencies in Tamil Nadu step up vigil ahead of festivals.  Investigative agencies such as Central Bureau of Investigation (CBI) and Tamil Nadu’s Directorate of Vigilance and Anti-Corruption (DVAC) have started conducting more surprise checks at government offices where officials work in direct contact with citizens and contractors, as bribe collection is at an all-time high around Vinayaka Chaturthi, Diwali and Ayutha Pooja

Siddharth Prabhakar/The Times of India:  https://timesofindia.indiatimes.com/city/chennai/anti-corruption-agencies-step-up-vigil-ahead-of-festivals/articleshow/71040419.cms

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