Anti-corruption law revisions / Ericsson FCPA fines / Iran President's brother

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Revise graft laws from time to time (Opinion).  “…the best corruption law will not stay the best for long. It will have to be reviewed so that it is able to sustain its deterrent effect on the bribers and the corrupt.”

Datuk Seri Akhbar Satar/New Straits Times:   https://www.nst.com.my/opinion/columnists/2019/09/525434/revise-graft-laws-time-time

 

Ericsson Expects to Pay $1 Billion in U.S. Corruption Probes.  Ericsson AB said it expects to pay $1 billion to resolve investigations by U.S. authorities into business ethics breaches in six countries, including China, Indonesia, and Viet Nam amongst others, in one of the costliest corruption cases on record.

Dave McCombs and Niklas Magnusson/Bloomberg: https://www.bloomberg.com/news/articles/2019-09-25/ericsson-prepared-to-pay-1-billion-to-resolve-u-s-probes

 

Iranian President’s brother sentenced to 5 years for corruption.  The brother of Iranian President Hassan Rouhani has been sentenced to five years in prison for corruption and bribery. Gholamhossein Esmaili, a spokesman for the judiciary, told reporters that Hossein Fereidoun, Rouhani's brother, might face further charges in another case, though he gave no details.

Voice of America: https://www.voanews.com/middle-east/iranian-presidents-brother-sentenced-5-years-corruption

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