Hong Kong corporate transparency / Sri Lanka extractives tender / Pakistan police corruption clean up

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Hong Kong Revives Move to Reduce Corporate Transparency Now That Opposition Is Gone.  “For a global business center, Hong Kong has long trumpeted one of the more transparent registers of company records, a window that helped shine a light on the wealth of powerful Chinese families, exposed corruption…Now, the city’s government is seeking to curb public access to [those] details…a move that journalist groups and investors say would erode corporate transparency and diminish press freedom while protecting the interests of the political and business elite.”

Wenxin Fan/The Wall Street Journal: https://www.wsj.com/articles/hong-kong-revives-move-to-reduce-corporate-transparency-now-that-opposition-is-gone-11617534508  

 

Sri Lanka Ilmenite tender flaws expose corruption and fraud.  Sri Lanka’s latest sale of mineral sands mainly ilmenite in a flawed tender process…[deprived] the state of millions of rupees in revenue benefiting middlemen and racketeers…Whilst the global best practice for any tender is to receive bank guarantees as bid bonds from registered suppliers, this state-owned company was in the practice of requesting cash bid bonds from the bidders.

Bandula Sirimanna/The Sunday Times: http://www.sundaytimes.lk/210404/business-times/sri-lanka-ilmenite-tender-flaws-expose-corruption-and-fraud-438731.html    

 

How corruption in police stations could be abolished?  “It was learnt that [Inspector General of Police Islamabad] has the nod from the Interior Minister Shaikh Rashid Ahmad to launch this ‘clean-up operation’ within the Islamabad Police. It would neither an easy task nor a pleasant one and he is in full realization of the fact.”

Shakeel Anjum/The News: https://www.thenews.com.pk/print/814841-how-corruption-in-police-stations-could-be-abolished   

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