Japan Olympics bribery / FinCEN Files implications / Pakistan land corruption

-

Tokyo Olympics consulting firm paid ¥37 million to IOC member's son, papers show.  “A consulting firm for the Tokyo Olympic bid committee transferred some ¥37 million ($370,000) to the son of one-time influential IOC member Lamine Diack and his company before and after the Japanese capital was picked in September 2013 as the host city”

The Japan Times: https://www.japantimes.co.jp/news/2020/09/21/national/tokyo-olympics-consulting-firm-ioc-lamine-diack/

 

FinCEN files: overhaul to global anti-money laundering system needed (Statement).  “the problem is actually bigger than the FinCEN Files show. We know that most of the banks involved in major corruption scandals from the past few years didn’t even file [Suspicious Activity Reports], or only did so when details had already emerged in the media,” according to Maira Martini, Research and Policy Expert on Corrupt Money Flows at Transparency International.

Transparency International: https://www.transparency.org/en/press/fincen-files-overhaul-to-global-anti-money-laundering-system-needed  

 

Several PLRA officials face inquiries over corruption, fraud.  In Pakistan, the “Punjab Land Record Authority (PLRA) is going through a major overhaul, as a number of its officials are facing probes for allegedly attesting fraudulent mutations, preparing fake tax and municipal fee vouchers/receipts, receiving heavy bribes from beneficiaries and other irregularities across the province.”

Khalid Hasnain/Dawn: https://www.dawn.com/news/1580788

Popular posts from this blog

The Pacific - Nepal - Eastern Europe & Central Asia

-
[Blog] How are perceptions of corruption in seven small Pacific countries? Larger Pacific Island neighbors are often garnering the lion's share of attention both from researchers and policy makers. How are the experiences of corruption in countries like Tuvalu, Tokelau, Niue, the Republic of the Marshall Islands (RMI), The Cook Islands, Palau, and Nauru? DevPolicy Blog: https://devpolicy.org/perceptions-of-corruption-in-seven-small-pacific-island-countries-20230223/   [Opinion] Two decades of new anti-corruption law in Nepal: Why it missed its mark. According to a Nepalese journalist, the Anti-Corruption law and Prevention of Corruption act of 2002 laid the foundation for numerous investigations, scandals, and court cases. To a large extent, they did however fail to enable significant conviction and return of assets. Online Khabar: https://english.onlinekhabar.com/anti-corruption-law-missing-target.html   [Blog] Growing security risks and authoritarian
Read more

Middle East & North Africa - Ukraine - Sri Lanka

-
Corruption fuels ongoing conflict. The Middle East and North Africa has been in a decline on the Corruption Perceptions Index (CPI) for years. The region is also ranked as the "least peaceful region" according to the Global Peace Index. Transparency International (TI) argues that corruption, conflict, and security are profoundly intertwined. TI: https://www.transparency.org/en/news/cpi-2022-middle-east-north-africa-corruption-fuels-ongoing-conflict   [Opinion] Ukraine's corruption purge is setting the stage for private investment-driven recovery. Corruption is regarded as a key threat to the Ukrainian economy, depriving public budgets and discouraging foreign direct investments (FDI). The current administration has taken strong anti-corruption action, and the country has witnessed a significant increase in FDI in recent years, says author. DevDiscourse: https://www.devdiscourse.com/article/business/2353089-ukraines-corruption-purge-setting-stage-
Read more

Global - Sub-Saharan Africa - Turkey & Syria

-
Invisible Trillions review: Global capitalism operates beyond the rule of law and threatens democracy. Raymond W. Baker's new book "Invisible Trillions" argues that "secrecy has become as important for corporations as transparent and taxable profits used to be". "Only radical improvements across the globe in financial transparency and accountability, and in regulatory capacity and integrity, can break this cycle of political decay and despair". The Conversation: https://theconversation.com/invisible-trillions-review-global-capitalism-operates-beyond-the-rule-of-law-and-threatens-democracy-199311   [Blog] The dynamics of violent extremism in sub-Saharan Africa. There is no better environment for the expansion of violent extremist groups than a vacuum in state authority. These groups begin to compete with the state and may even be initially attractive to communities weary of years of lawlessness, corruption, and chaos according to autho
Read more