1st September 2016
When they met the Justice and Legal Affairs Committee on August 4, members of the Ethics and Anti-Corruption Commission received a tongue-lashing from MPs. Nevertheless the four commissioners gave their reasons for asking their chairman, Phillip Kinisu, to step aside pending the conclusion of investigations on his alleged conflict of… Read More
31st August 2016
Former New South Wales police minister Mike Gallacher says he will not be leaving Parliament despite the corruption watchdog's damaging report into the Liberal Party political donations scandal. Read More
31st August 2016
Impeachment proceedings against President Dilma Rousseff have put a spotlight on corruption among Brazil’s lawmakers. Watchdog groups say about 60 percent of the 594 legislators in both chambers of Congress are being investigated for wrongdoing or already face corruption charges, including the three men in line to replace Rousseff if she is removed from office. Read More
31st August 2016
The chief financial officer and an executive manager in the Northern Cape department of economic development are being accused of running an elaborate corruption and money laundering scheme. This they did by allegedly setting up companies with front directors in order to get millions of rands in grants from the… Read More
30th August 2016
EU sanctions on Russia over the conflict in Ukraine should stay in place as long the situation on the ground does not improve, Lithuania's foreign minister said on Monday, dismissing calls from EU's rotating president Slovakia for them to be lifted, according to Reuters. Read More
30th August 2016
Pakistan has strengthened its domestic laws to prevent money laundering and terror financing which are global problems that need to be tackled through mutual cooperation and strict preventive measures, said Finance Minister Ishaq Dar on Monday. He was addressing the 9th National Executive Commit­tee (NEC) meeting on anti-money… Read More
26th August 2016
The political affairs committee of the Aam Aadmi Party took the action against the Punjab AAP convener Chhotepur. Chhotepur will now face a disciplinary committee of the party, comprising Delhi lawmaker Jarnail Singh and former Punjab bureaucrat and AAP leader Jasbir Singh Bir, regarding allegations of corruption. Differences between top… Read More
26th August 2016
In a major move to carry out investigations related to Anti-Money Laundering Cases under Anti-Money Laundering Act, 2010, a dedicated Anti-Money Laundering Cell has been set up at the Directorate General Intelligence & Investigation Headquarters, Federal Board of Revenue (FBR). According to a notification issued by the Directorate General Intelligence… Read More
26th August 2016
Global regulators will try to get more insight into why major banks are withdrawing from handling cross-border payments, making it harder for people to send money to relatives and loved-ones abroad. Banks say it has become more costly to comply with tougher customer checks against money-laundering and terrorist financing, putting… Read More
25th August 2016
Egyptian Supplies Minister Khaled Hanafy resigned Thursday amid sharp criticism over corruption charges related to wheat purchases and expenses. The minister has been facing charges of using millions of dollars allocated for subsidies to purchase wheat that existed only on papers in the most populous Arab country and the world’s… Read More