Collective Action funding / Japan receiving gifts / Malaysia 1MDB fine

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New DFID Fund to Support Collective Action Initiatives (Funding opportunity).  “This £250,000 fund will support business-focused Collective Action Initiatives (CAIs) which aim to reduce corruption or promote human rights to improve the investment climate in emerging markets and developing countries.”

Deadline for proposals: 18 October 2019

IMC Worldwide: http://www.imcworldwide.com/news/new-dfid-fund-to-support-collective-action-initiatives/

 

After criticism, Kansai Electric weighs rules on executive punishment amid gift scandal.  Kansai Electric Power Co. is considering introducing rules on punishments for executives following criticism of its leniency in the way six of them were reprimanded for receiving gifts from a former town official.

The Japan Times: https://www.japantimes.co.jp/news/2019/10/08/national/kansai-electric-rules-executive-punishment-gift-scandal-nuclear/#.XZ5Sc0ZKg2w

 

Malaysia Fines 80 People, Groups for Alleged 1MDB Payments.  Malaysia's anti-graft agency ordered 80 people and groups to pay fines totaling about $100 million for allegedly receiving funds from the 1MDB state investment fund.

US News: https://www.usnews.com/news/business/articles/2019-10-07/malaysia-fines-80-people-groups-for-alleged-1mdb-payments

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