Republic of Korea new agency / 1MDB case settlement / New KickBack podcast

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Korea’s ‘super-agency’ may in fact provide a shield for corruption (Opinion).  “Under the new system, all investigative offices…must report to the new anti-corruption investigative agency the moment any signs of wrongdoing by high-ranking official are recognised and transfer the investigation to that office, which is headed by a presidential appointee…This sets up a mechanism to shut off any investigation that the administration might find undesirable for them and in fact provide a shield for corruption.”

Chinhyun Kim/Financial Times: https://www.ft.com/content/7c42a69e-2e19-11ea-a126-99756bd8f45e

 

Goldman Sachs Is in Talks for Asia Unit to Admit Guilt in 1MDB.  “Goldman Sachs Group Inc. is negotiating a settlement of the 1MDB scandal that would include an admission of guilt by one of its subsidiaries instead of the parent company, according to people familiar with the matter… The agreement would also include a fine of almost $2 billion, the people said.”

Sridhar Natarajan and Patricia Hurtado/Bloomberg: https://www.bloomberg.com/news/articles/2019-12-19/goldman-sachs-is-in-talks-for-asia-unit-to-admit-guilt-in-1mdb

 

New Podcast–An End-of-Year Review Featuring Nils Köbis and Christopher Starke (Blog/Podcast).  “Nils and Christopher which recap some of the highlights of our 2019 podcast episodes, highlighting interesting insights, lessons, and thoughts regarding the future of anticorruption research and practice (as well as some reflections on our experiences with our foray into podcasting).”

Matthew Stephenson,Nils Köbis and Christopher Starke/KickBack: The Global Anticorruption Podcast:https://globalanticorruptionblog.com/2020/01/06/new-podcast-an-end-of-year-review-featuring-nils-kobis-and-christopher-starke/

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