Malaysia asset declaration / Transnational anti-bribery laws / Airbus international case

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Malaysian lawmakers may face steep fines if they haven't declared assets.  “Malaysian lawmakers who have yet to declare their assets to the Speaker of the Lower House of Parliament could face a higher fine for not doing so. This is following plans by the Parliament Standing Orders Committee to amend and increase the fine from the current RM1,000 (US$241) to a higher quantum, which some sources say could be a hundredfold increase to a whopping RM100,000 (US$24,130).”

The Straits Times: https://www.straitstimes.com/asia/se-asia/malaysian-lawmakers-may-face-steep-fines-if-they-havent-declared-assets  

 

The Infeasibility of Evidence-Based Evaluation of Transnational Anti-Bribery Laws (Blog).  “…for policymakers…the only possible response is to muddle along with what we’ve got—less than perfect evidence and theories that draw upon as broad a range of perspectives as possible combined with a commitment to reconsideration and revision in the face of new evidence or insights. The kind of evidence favored by proponents of evidence-based analysis is generally difficult to come by in connection with illicit transnational activity.”

Kevin Davis/The Global Anticorruption Blog: https://globalanticorruptionblog.com/2020/02/13/guest-post-the-infeasibility-of-evidence-based-evaluation-of-transnational-anti-bribery-laws/

 

France's Airbus reports loss amid scandal.  “France's leading aerospace manufacturer Airbus has reported a net loss of 1.36 billion euros ($1.47 billions) for year-ending 2019. The company's loss comes on the heels of a bribery scandal and charges of corruption involving the state-owned Sri Lankan Airlines Ltd. as well as AirAsia [from Malaysia].”

Cindi Cook/Anadolu Agency: https://www.aa.com.tr/en/economy/frances-airbus-reports-loss-amid-scandal/1734309

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