3rd August 2016
The mayor of the Russian city of Yaroslavl on Wednesday was found guilty of soliciting bribes and sentenced to 12 ½ years in a high-security prison — an unusually harsh verdict. When he was arrested in 2013, Yevgeny Urlashov was the only opposition mayor of a major Russian city. He… Read More
3rd August 2016
The Canberra Liberals have baulked at establishing an ACT anti-corruption commission, despite launching a sustained attack on the integrity of the Labor government in the lead-up to October’s election. It means that neither major party would establish a corruption watchdog, something that exists in every other state in Australia. Read More
3rd August 2016
A former executive with Lenox bank pleaded guilty in federal court on Monday to charges of embezzling more than $150,000 from the bank and then taking steps to conceal the crime, according to the office of the U.S. Attorney. Joseph E. Leskovitz, 56, of Lenox, pleaded guilty to three counts… Read More
3rd August 2016
Bank admits compliance issues in US and reveals requests from world regulators after Panama scandal Read More
3rd August 2016
An Institute of Economic Affairs (IEA) survey on the root causes of corruption in Ghana has revealed that the high clamor for quick riches, greed and selfishness as well as low salaries, are among the top three root causes of corruption in Ghana. According to the survey, majority of Ghanaians… Read More
3rd August 2016
A new federal government crackdown on money laundering in real estate deals has cast suspicion on over a quarter of the all-cash luxury home purchases transacted via shell companies in Manhattan and Miami, the Treasury Department revealed this past week. This discovery is prompting officials to expand the program to… Read More
2nd August 2016
China’s funds regulator said on Monday it has canceled the licenses of over 10,000 funds, amid a crackdown on the country’s poorly regulated fund management sector, which has been dogged by runaway managers and misappropriation of investments. The move comes after the hedge fund industry was thrown into disarray earlier… Read More
2nd August 2016
Iraqi Prime Minister Haider al-Abadi on Tuesday said six lawmakers accused of corruption in the defense sector would not be allowed to travel abroad until a parliamentary committee had completed an investigation. Defence Minister Khaled al-Obeidi on Monday accused Parliament Speaker Salim al-Jabouri and five other MPs of lobbying for… Read More
2nd August 2016
Corruption claims against Ethics and Anti-corruption Commission (EACC) chairman Philip Kinisu call into question the integrity of an officer charged with fighting graft. Through his lawyers, Mr Kinisu admitted Esaki Ltd received Sh35 million in 2014 from the Health ministry, but adds Esaki Ltd did legitimate business with the Government,… Read More
2nd August 2016
HSBC bank hands over information on over $10 billion in accounts; state extends amnesty for voluntary reporting Read More