CPI Asia Pacific / ASEAN corruption interview / 1MDB-related pay cuts

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CPI 2020: Asia Pacific.  Check out the link below for the Asia-Pacific regional analysis of the new Corruption Perception Index 2020. "With an average score of 45, the Asia Pacific region struggles to combat corruption and tackle the profound health and economic impact of COVID-19."

Transparency International: https://www.transparency.org/en/news/cpi-2020-asia-pacific

 

Although corruption is endemic, there is still hope (Interview).  "[Francesco Checchi, UNODC Anti-Corruption Adviser] talks about the effectiveness of legal frameworks that have been instituted to arrest corruption, and the ways and means adopted to mitigate the effects of this menace. [He] also shares his insights on whether ASEAN countries can launch a collective offensive against corruption."

Francesco Checchi (interviewed)/Unravel: https://unravel.ink/although-corruption-is-endemic-there-is-still-hope/  

 

Goldman Sachs slashes David Solomon's pay over 1MDB scandal.  "Goldman Sachs' chief executive David Solomon earned…$10m less than the previous year, after the bank's board cut the pay of senior executives in the wake of 1MDB corruption scandal. The bank said…while Mr Solomon was not "involved in or aware of the firm's participation in any illicit activity at the time . . . the board views the 1MDB matter as an institutional failure, inconsistent with the high expectations it has for the firm"."

Robert Armstrong/Financial Times: https://www.ft.com/content/398f4808-918c-434a-8cb1-c42b6521dea6   

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