11th October 2016
Prime Minister Andrew Holness has called on the financial sector to ensure a regulatory environment that removes profitability from criminal activities. “We must take the profit out of crime. Criminals must have no access to the financial system; and where they operate in the informal economy and the backwaters of… Read More
11th October 2016
China appears to have pushed back on a U.S. bid to close a U.N. loophole that allows North Korea to export coal for “livelihood purposes,” saying the well-being of North Koreans is a priority in negotiations on possible new U.N. sanctions on Pyongyang. Since North Korea’s fifth and largest nuclear… Read More
11th October 2016
Prosecutors in Peru have begun investigating the country’s former president as part of a probe already accusing his wife of money laundering. President Ollanta Humala’s term ended this year in the South American country. Prosecutor German Juarez said Monday that a criminal investigation was widening to include Humala, the former… Read More
10th October 2016
The two top Sabah Water Department officers involved in the multimillion graft have deposited over RM30 million in banks overseas, said a Malaysian Anti-Corruption Commission (MACC) source. The source said MACC had received information with regards to the bank accounts owned by the duo in three countries. It was learnt… Read More
10th October 2016
MySQUAR said its financial outlook has improved after the US formally ended its sanctions against Myanmar on Friday. The Myanmar-language social media, entertainment and payments platform noted that the US has ended a declared “National Emergency” categorisation which had been in place since 1997, resulting in sanctions which were… Read More
10th October 2016
Xi Jinping’s high profile anti-corruption campaign has fallen short of its stated goal and appears to be doing more harm than good to the image of China’s Communist party, according to new academic research and an analysis of official statistics. The Chinese president’s drive against graft, now nearly four years… Read More
10th October 2016
Raids targeting senior Nigerian judges carried out by the country’s security agency were part of an anti-corruption drive and were not an attack on the judiciary, a spokesman for President Muhammadu Buhari said on Sunday. The Department of State Services (DSS) on Saturday said it seized $800,000 in cash… Read More
10th October 2016
Electronic payments to employees in Iraq’s Kurdistan Region will officially start on Monday in a bid to reduce corruption in the workplaces and enhance transparency in a country where nearly 65 percent of its workforce are on government payroll, government officials said Sunday. According to the ministry of labour and… Read More
10th October 2016
Corruption remains a destabilizing factor for the judicial system in Ukraine, Head of the European Commission for Democracy through Law (Venice Commission) Gianni Buquicchio has said. “Corruption remains a destabilizing factor for the judiciary. In practice, we distinguish between political and ordinary corruption. Political corruption seems to have been reduced… Read More
7th October 2016
Thailand’s junta came under scrutiny this week after critics filed a petition asking the office of the auditor-general to investigate allegations of extravagant spending on a trip to Hawaii for a defense meeting. It is the latest in a series of allegations against the military government that seized power in… Read More