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Anti-Corruption Daily Newsletter for 12/06/2019
Anti-Corruption Daily Newsletter for 12/06/2019
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Your source for international risk & compliance related news, insights, and best practices.
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The new home of the FCPA Newswire edited by Mike Kenealy
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Anti Corruption Digest is the most comprehensive source for global risk & compliance related news, insights, and best practices.
Readers are welcome to research the Anti Corruption Digest’s curated database of over fifteen thousand risk and compliance related articles, offer comments on any article as well as submit material for publication.
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By Paul Mackessey on Dec 06, 2019 12:49 am
Bloomberg has a couple of those handy anonymous insiders whispering in its collective ear that the investigation into its compliance with the US Foreign Corrupt Practices Act (FCPA) could unveil its final conclusion before the end of the year. The report somewhat weakly asserts that the resulting fine could be in excess of a billion bucks.
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By Paul Mackessey on Dec 06, 2019 12:47 am
A South Korea high court has rejected Qualcomm’s bid to reverse a $873 million fine for abusing its market dominance in certain smartphone technologies.
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By Paul Mackessey on Dec 06, 2019 12:46 am
JERUSALEM - Israel's state prosecutor said Thursday he intends to indict seven men, including close associates of Israeli Prime Minister Benjamin Netanyahu, in a sweeping graft case related to a possible conflict of interest involving a $2 billion purchase of German submarines.
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By Paul Mackessey on Dec 06, 2019 12:44 am
The word "crisis" comes from a Greek word that means "to decide”. A crisis is something that, because of the damage it has suffered or incurred, demands analysis and changes of course. Latin America is a region that is in crisis and the core of the decisions it has to make lies in its economy based on the exploitation of raw materials.
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By Paul Mackessey on Dec 06, 2019 12:42 am
Despite last-minute talks with the government, Colombia’s unions and student groups are moving ahead with another national strike today—the third in three weeks. Since Nov. 21, the protests have at times drawn hundreds of thousands of Colombians to the streets against President Iván Duque’s social and economic policies, threatening a pending tax reform proposal. On Tuesday, the activists refused to bow to the government’s call to stand down.
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By Paul Mackessey on Dec 06, 2019 12:40 am
FBI agents arrested Puerto Rico Sen. Abel Nazario and seven other people who were government employees Wednesday morning for allegedly conspiring to commit fraud.
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By Paul Mackessey on Dec 06, 2019 12:38 am
This week's edition of Euro Sleaze comes from Venice and the heart-breaking pictures of a beautiful city sinking under flood water.
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By Paul Mackessey on Dec 06, 2019 12:36 am
Indonesia’s anti-corruption agency has warned of the risks of doing business with Chinese firms, while also raising concerns over Beijing’s efforts to exert economic influence in the Southeast Asian nation.
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By Paul Mackessey on Dec 06, 2019 12:34 am
TOKYO (Kyodo) -- A former senior education ministry official was sentenced to 18 months in prison, suspended for three years, on Wednesday for receiving bribes from a former consulting firm executive.
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By Paul Mackessey on Dec 06, 2019 12:32 am
The Supreme Court has ruled in favor of a cassation appeal filed by former Golkar Party secretary-general Idrus Marham, who had been convicted of accepting bribes in April, reducing his prison sentence to two years.
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By Paul Mackessey on Dec 06, 2019 12:31 am
Governance is the process that holds your organization’s data operations together as you seek to become truly data-driven, realize the full value of your data and content, and avoid costly missteps. To be effective, governance must be considered a holistic corporate objective, one which establishes policies, procedures and training for the management of data across the organization at all levels.
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By Paul Mackessey on Dec 06, 2019 12:29 am
WeWork is the most recent cautionary tale in the failure of unicorn company initial public offerings (IPOs). I believe is a clear signal to tech companies that they may as well not bother with an IPO without a clear profitability road map. Silicon Valley has traditionally relied on IPO money to carry the burn that could launch a tech company into profitability. Since the WeWork IPO failed, minority shareholders are suing company executives and its cofounder, Adam Neumann, to recoup losses after the company’s value plunged by 87%.
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By Paul Mackessey on Dec 06, 2019 12:28 am
If recent television shows are anything to go by, we’re a little concerned about the consequences of technological development. Dystopian narratives abound.
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By Paul Mackessey on Dec 06, 2019 12:26 am
At the Corporate Governance Conference (CGGON) held recently, where the conference introduced T.R.A.F.F.I.C., short for Transparency, Responsibility, Accountability, Fairness, Foresight, Innovation, Culture, as a business mindset for companies in achieving sustainability. Angkas was on of the major speakers to discuss their advocacy of using technology not just as a solution to ease the burden of heavy traffic and
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By Paul Mackessey on Dec 06, 2019 12:25 am
The nation’s second-largest health system, Ascension, has agreed to allow the software behemoth Google access to tens of millions of patient records. The partnership, called Project Nightingale, aims to improve how information is used for patient care. Specifically, Ascension and Google are trying to build tools, including artificial intelligence and machine learning, “to make health records more useful, more accessible and more searchable” for doctors.
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By Paul Mackessey on Dec 06, 2019 12:23 am
In our paper entitled Asset Management, Index Funds, and Theories of Corporate Control, we dispute the principal arguments of three papers addressing asset management, index funds and corporate control: “The Future of Corporate Governance Part I: The Problem of Twelve” by John C. Coates, IV; and “The Specter of the Giant Three” and “Index Funds and the Future of Corporate Governance: Theory, Evidence and Policy,” both by Lucian A. Bebchuk and Scott Hirst. We show that, while these theories are thought-provoking, they conflict with each other and miss the mark on several fronts.
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By Paul Mackessey on Dec 06, 2019 12:21 am
BRUSSELS (Reuters) – European Union finance ministers on Thursday backed plans for greater powers to combat money laundering after a series of revelations about large amounts of dirty money flowing through European banks.
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By Paul Mackessey on Dec 06, 2019 12:21 am
State Attorney Shai Nitzan on Thursday announced his decision to file indictments in the submarine case, a.k.a. Case 3000. Netanyahu is not a suspect, but the suspects include individuals who worked close to him, as well as his cousin and personal lawyer David Shimron, who represented the German company ThyssenKrupp in Israel.
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By Paul Mackessey on Dec 06, 2019 12:20 am
As long as the regulatory framework is not complete, the use of cryptocurrencies in transactions that require the tracking of financial flows remains confined to the cash threshold. The use of cryptocurrencies is in fact scarcely controllable by the national authorities in charge of this and requires the professional to carry out a careful risk assessment for the purpose of reporting a suspicious transaction.
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By Paul Mackessey on Dec 06, 2019 12:20 am
Denmark’s gambling regulator has expressed concerns about 888 Holding’s lackadaisical approach in implementing the anti-money laundering measures and not honoring the country’s Anti-Money Laundering Act.
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By Paul Mackessey on Dec 06, 2019 12:20 am
The Asian Development Bank (ADB) and the Association of Certified Anti-Money Laundering Specialists (ACAMS) are partnering in the pilot rollout of an internationally accredited online training program to boost anti-money laundering and know-your-client (AML/KYC) capacities of ADB's Trade Finance Program (TFP) partner banks.
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By Paul Mackessey on Dec 06, 2019 12:20 am
Israel's attorney general said Thursday that he intends to charge Prime Minister Benjamin Netanyahu's personal lawyer with money-laundering in the state's purchase of submarines from German firm Thyssenkrupp.
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By Paul Mackessey on Dec 06, 2019 12:20 am
The European Union needs to step up efforts to combat money-laundering as more cases within the banking industry are expected to pop up, according to Dutch Finance Minister Wopke Hoekstra.
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By Paul Mackessey on Dec 06, 2019 12:20 am
It’s believed that legal experts have found up to 15 courts cases, heard in America over recent years, showing a similar line of attack by Mr Gusinsky’s lawyers – namely, a breach of duty by former directors.
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By Paul Mackessey on Dec 06, 2019 12:19 am
Criminals on the dark web are offering huge discounts on drugs, stolen credit cards and hacking tools for Black Friday 2019.
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By Paul Mackessey on Dec 06, 2019 12:19 am
The Labour candidate Ben Bradshaw has said he has been the victim of a suspected Russian cyber-attack after he received an email from Moscow with attachments containing sophisticated malware.
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By Paul Mackessey on Dec 06, 2019 12:19 am
Nearly three-quarters of Louisiana’s motor vehicle offices remained closed Monday as state workers continue to respond to the lingering effects of a cyber attack that hit state servers two weeks ago.
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By Paul Mackessey on Dec 06, 2019 12:19 am
The Great Cannon of China doesn't get fired very often, but when it does the consequences for whoever it is aimed at can be hard-hitting. Operating from behind the Great Firewall of China and used sparingly as the negative press it generates is substantial, this cannon doesn't launch physical projectiles but cyber ones. It's a state-operated, distributed denial of service (DDoS) cyber-weapon, and now it has taken aim at an online forum used by pro-democracy movement protesters in Hong Kong to help coordinate their anti-government demonstrations.
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By Paul Mackessey on Dec 06, 2019 12:19 am
A once widely held belief that IT is in charge of all things cyber security is changing across industries. Cyber security culture now must include everyone who has access to data. However, how clear is the understanding of this culture to every department in your organization?
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By Paul Mackessey on Dec 06, 2019 12:18 am
Security analysts from IBM recently discovered a data-wiping malware dubbed as ZeroCleare.
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Anti-Corruption Daily Newsletter for 12/04/2019
Anti-Corruption Daily Newsletter for 12/04/2019
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Your source for international risk & compliance related news, insights, and best practices.
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The new home of the FCPA Newswire edited by Mike Kenealy
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Anti Corruption Digest is the most comprehensive source for global risk & compliance related news, insights, and best practices.
Readers are welcome to research the Anti Corruption Digest’s curated database of over fifteen thousand risk and compliance related articles, offer comments on any article as well as submit material for publication.
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By Paul Mackessey on Dec 04, 2019 03:39 am
The European Union has opened preliminary investigations into Google and Facebook’s data practices, assessing whether the two U.S. tech firms are complying with its rules in the region.
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By Paul Mackessey on Dec 04, 2019 03:34 am
PUTRAJAYA: Almost 700 people were arrested in Malaysia when authorities raided a building and busted the largest online scam syndicate believed to be run by Chinese nationals in the country.
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By Paul Mackessey on Dec 04, 2019 03:33 am
As Americans sat down to Thanksgiving dinner, Iraqis were mourning 40 protesters killed by police and soldiers on Thursday in Baghdad, Najaf and Nasiriyah. Nearly 400 protesters have been killed since hundreds of thousands of people took to the streets at the beginning of October. Human rights groups have described the crisis in Iraq as a “bloodbath,” Prime Minister Abdul-Mahdi has announced he will resign, and Sweden has opened an investigation against Iraqi Defense Minister Najah Al-Shammari, who is a Swedish citizen, for crimes against humanity.
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By Paul Mackessey on Dec 04, 2019 03:28 am
Argentina's ex-president Cristina Kirchner appeared in court Monday to give evidence in a corruption trial in which she is charged with diverting public funds, just a week before she returns to the country's government as vice president.
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By Paul Mackessey on Dec 04, 2019 03:27 am
PANAMA CITY — Panamanians will choose Sunday between six mostly business-friendly candidates to lead this Central American trade and financial hub for the next five years in a presidential election focusing on corruption and slowing economic growth.
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By Paul Mackessey on Dec 04, 2019 03:25 am
Half a million Algerian workers have lost their jobs, as several companies, which were subjected to corruption investigations for months, shut down their activities. The inquiries included companies owned by businessmen, known for their closeness to former President Abdelaziz Bouteflika, and who ended up being arrested. Among the detainees was the former chairman of the Forum of Heads of Institutions, Ali Haddad.
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By Paul Mackessey on Dec 04, 2019 03:24 am
Malta is notorious for its corruption. For decades, a pair of political machines – the Labour and Nationalist parties – have operated with impunity on the island. But in 2013 the corruption went into overdrive.
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By Paul Mackessey on Dec 04, 2019 03:20 am
The $700,000 bounty Turkey put on the shady politician Mohammad Dahlan for his links to the failed 2016 coup has recently drawn more attention to this controversial figure, to whom many unscrupulous dealings in the region can be traced.
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By Paul Mackessey on Dec 04, 2019 03:18 am
"Our goal is to show Africa as it really is: The good, the bad, the ugly, the potential," says John Allan Namu, an investigative journalist in Nairobi, Kenya.
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By Paul Mackessey on Dec 04, 2019 03:17 am
An ANC MP and former minister has appeared in court in South Africa on charges of corruption in a move hailed by increasingly impatient anti-graft campaigners.
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By Paul Mackessey on Dec 04, 2019 02:30 am
Leaders in the public and private sector, as well as in many other institutions, have influence by virtue of their greater authority and power. They have access to resources by virtue of their office. This elevated position means leaders are role models for others in society.
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By Paul Mackessey on Dec 04, 2019 02:26 am
The nation’s second-largest health system, Ascension, has agreed to allow the software behemoth Google access to tens of millions of patient records. The partnership, called Project Nightingale, aims to improve how information is used for patient care. Specifically, Ascension and Google are trying to build tools, including artificial intelligence and machine learning, “to make health records more useful, more accessible and more searchable” for doctors.
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By Paul Mackessey on Dec 04, 2019 02:19 am
Contxto – It certainly does feel that, finally, the Latin America moment has arrived. Just this year, Latin American startups have raised US$1.6 billion, Brazilian Nubank became the most valuable digital bank in the world, and top global funds such as Softbank, QED, Sequoia and Andreessen Horowitz doubled-down on their bets in the region.
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By Paul Mackessey on Dec 04, 2019 02:17 am
While the total of assets under management in environmental, social and governance (ESG) funds is still small, the category has become an increasingly popular smart beta strategies. ESG assets under management have grown the fastest among smart beta strategies, at a compound annual growth rate of more than 70 per cent over the past five years, according to a recent report from Bank of America Merrill Lynch.
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By Paul Mackessey on Dec 04, 2019 02:13 am
The Kenya Editors Guild will hold its second Annual Editors Convention from December 5 in Mombasa.This year’s theme will be “Media Sustainability in the 21st Century”. The editors will be joined by local and international delegates in discussing topics which include ‘Sustaining Media that Serves the Citizens’, options for delivering the media’s constitutional mandate;
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By Paul Mackessey on Dec 04, 2019 02:10 am
Despite the overwhelming evidence of the need for meaningful ethics reforms, the Fall Veto Session ended with little being done to address corruption in state government. There's now a legislative task force formed to deal with corruption, but nothing close to the sweeping anti-corruption reforms that we need.
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By Paul Mackessey on Dec 04, 2019 01:57 am
The charges surrounding Westpac’s alleged 23 million breaches of anti-money laundering laws have been called “about as serious as it gets”. They include, in the words of Home Affairs Minister Peter Dutton, giving “a free pass to paedophiles”.
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By Paul Mackessey on Dec 04, 2019 01:53 am
FINANCIAL regulators are pushing for legal changes in order to avoid the Philippines being placed on a global monitoring list for countries with weak anti-money laundering and terrorism financing controls.
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By Paul Mackessey on Dec 04, 2019 01:51 am
One of the best tools available for organizations to maintain and improve their reputation is through fulfillment of their own policies and guidelines. Generally known as Compliance, it is a concept incorporated nowadays in organizations that seek to comply with the law and mitigate possible risks due to failures or
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By Paul Mackessey on Dec 04, 2019 01:48 am
A Danish bank has successfully won a court case that means it can now prevent its staff from buying Bitcoin $BTC▲1.23% and other cryptocurrencies.
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By Paul Mackessey on Dec 04, 2019 01:46 am
The CEO of the lottery, Ján Barczi, and the head of the IT department, Miloš Prelec, were charged Monday, the Spectator reported.
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By Paul Mackessey on Dec 04, 2019 01:45 am
The Anti-Money Laundering Council (AMLC) is proposing amendments to the Anti-Money Laundering Act of 2001 (AMLA) and the Human Security Act of 2007 (HSA) to strengthen its powers against terrorist financing.
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By Paul Mackessey on Dec 04, 2019 01:39 am
South Africa is set to finally bring order into the cryptocurrency industry in the first quarter of 2020. According to local reports, the South African Reserve Bank (SARB) will implement the measures in order to stop the use of cryptos to evade currency controls.
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By Paul Mackessey on Dec 04, 2019 01:37 am
In his book MoneyLand: Why Thieves And Crooks Now Rule The World And How To Take It Back, financial journalist Oliver Bullough talks about Moneyland as, “a legal construct that is divorced from any place on the map.” He says that money in Moneyland, “isn’t just drug money, or stolen money, or bribes” but
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By Paul Mackessey on Dec 04, 2019 01:35 am
After being charged with money laundering, Bruce Bagley, a University of Miami international relations professor, appeared in a federal courtroom Thursday, Nov. 21.
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By Paul Mackessey on Dec 04, 2019 01:32 am
Generally speaking, there was no love lost between the aristocratically minded, deeply Russian Orthodox descendants of the first wave of Russian emigration and the third, mostly Jewish wave of Soviet emigrants that began pouring into the United States in the 1970s. History, family background, and prejudices played a part in the divide.
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By Paul Mackessey on Dec 04, 2019 01:18 am
Organizations of all sizes and across all industries are under siege from cyber threats around the clock. Cybersecurity is a concern for every business, however, not all targets have equal value necessarily. Companies that form the backbone of our critical infrastructure are prime targets for attackers seeking to maximize disruption or potential damage, which is why it’s crucial to take every precaution possible to defend them. Last week, a new platform was introduced to help electric energy companies improve protection while reducing the costs of defending the power grid from cyber threats.
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By Paul Mackessey on Dec 04, 2019 01:04 am
New legislation will reduce the limit for overseas donations from NZ$1,500 ($975; £750) to $33.
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By Paul Mackessey on Dec 04, 2019 01:02 am
The age of cyber warfare is upon us, and the threat of cybercrime to businesses continues to multiply by the day. Simply having cloud antivirus is no longer enough. The imperative to defend is stronger than ever. But what are the likely implications for 2020, and what new cards do cybercriminals hold in their deck?
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By Paul Mackessey on Dec 04, 2019 12:58 am
For Black Friday and Cyber Monday, Amazon discounted just about every device in its lineup -- Fire tablets, Fire TV streamers, Echo Show displays and so on -- with one exception: the Echo Studio. This new speaker, which doesn't even ship until Dec. 17, has stubbornly stayed at its $199.99 list price. That's too bad, because according to CNET's Echo Studio review, it offers the "biggest, best Echo sound yet."
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Anti-Corruption Daily Newsletter for 12/02/2019
Anti-Corruption Daily Newsletter for 12/02/2019
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Your source for international risk & compliance related news, insights, and best practices.
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The new home of the FCPA Newswire edited by Mike Kenealy
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|
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Anti Corruption Digest is the most comprehensive source for global risk & compliance related news, insights, and best practices.
Readers are welcome to research the Anti Corruption Digest’s curated database of over fifteen thousand risk and compliance related articles, offer comments on any article as well as submit material for publication.
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By Paul Mackessey on Dec 02, 2019 09:06 am
BRUNEI-MUARA – More companies have joined the Brunei Energy Industry Integrity Pact to unite against corruption in the industry’s business dealings.
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By Paul Mackessey on Dec 02, 2019 09:06 am
Iraq is one of the most corrupt countries in the world and oil has a lot to do with it. With nearly $100bn in annual revenues coming from oil, which constitutes 90 percent of its budget, the country is a great example of what political economists call "the resource curse".
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By Paul Mackessey on Dec 02, 2019 09:06 am
A director of two of the UK’s biggest fishing companies has resigned after becoming embroiled in an explosive corruption scandal in Namibia, Unearthed can reveal.
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By Paul Mackessey on Dec 02, 2019 09:06 am
At least one in every two people in India have paid a bribe in the past year, according to a new national corruption report, which branded the practice "part and parcel of daily life."
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By Paul Mackessey on Dec 02, 2019 09:06 am
The US has requested the extradition of British tech entrepreneur Mike Lynch on fraud charges that could see him jailed for up to 20 years.
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By Paul Mackessey on Dec 02, 2019 09:06 am
ABIDJAN, IVORY COAST - The United Nations Economic Commission for Africa (UNECA) said the continent's land sector is the most corrupt area — second to the police — and the issue must be dealt with urgently if the continent is to develop.
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By Paul Mackessey on Dec 02, 2019 09:06 am
A court in South Africa on Friday dismissed former President Jacob Zuma's attempts to appeal against his corruption trial related to a 1990s arms deal.
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By Paul Mackessey on Dec 02, 2019 09:05 am
A poised and eloquent rising senior at elite boarding school Phillips Exeter Academy, Gupta, 17, is anything but the introverted, soft-spoken techie stereotype. She does, however, know as much about computer science as any high school student you’d ever meet. She even grew up faithfully reading the MIT Technology Review, the university’s flagship publication, which shows, because Meili is the most ubiquitous student attendee at EmTech Next, a conference the publication held on campus this past summer on AI, Machine Learning, and “the future of work.”
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By Paul Mackessey on Dec 02, 2019 09:04 am
If it seems like every week there’s a new scandal about ethics and the tech industry, it’s not your imagination. Even as the tech industry is trying to establish concrete practices and institutions around tech ethics, hard lessons are being learned about the wide gap between the practices of “doing ethics” and what people think of as “ethical”. This helps explain, in part, why it raises eyebrows when Google dissolves its short-lived AI ethics advisory board, in the face of public outcry about including a controversial alumnus of the Heritage Foundation on it, or when organized pressure from Google’s engineering staff results in the cancellation of military contracts.
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By Paul Mackessey on Dec 02, 2019 09:02 am
Businesses in today’s marketplace, in both the financial and non-financial sectors, have to pay attention to the environmental and social impact of what they do, as well as to respect high standards of corporate governance. The group of standards is commonly referred to as ‘ESG’. ESG is now a mainstream activity. President Trump resists. He is mistaken (again).
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By Paul Mackessey on Dec 02, 2019 09:00 am
It is always surprising how quickly attitudes change. When I was at university, cigarette companies produced sexy advertisements showing beautiful people skiing or sailing while smoking. Fast forward to 2019 and even people smoking on the street are now frowned on.
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By Paul Mackessey on Dec 02, 2019 08:57 am
Victims of the Klongchan Credit Union Cooperative (KCUC) embezzlement scandal have asked the Office of the Attorney General (OAG) to indict a real estate tycoon who allegedly colluded to launder funds stolen from the cooperative.
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By Paul Mackessey on Dec 02, 2019 08:54 am
Following up on a tip, the RCMP set up a stakeout and pounced when a freight truck left a warehouse on Mitchell Island in Richmond.
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By Paul Mackessey on Dec 02, 2019 08:52 am
Australia’s second-biggest bank, Westpac, is poised to overtake the biggest, the Commonwealth Bank. Not in terms of assets, earnings or market capitalisation, but in having to pay the heftiest fine in Australian corporate history.
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By Paul Mackessey on Dec 02, 2019 08:51 am
Prosecutors with the Southern District of New York announced a plea deal with Hugh Brian Haney on Thursday, adding another postscript to the infamous dark web marketplace’s history. According to a press release, Haney was accused of laundering close to $20 million using bitcoin in early 2018.
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By Paul Mackessey on Dec 02, 2019 08:50 am
Slovakia’s state-run gambling operator Tipos is under scrutiny after its offices were raided and its boss arrested on suspicion of money laundering.
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By Paul Mackessey on Dec 02, 2019 08:47 am
The New York Department of Financial Services is launching an investigation into Goldman Sachs’ credit card practices after a tech entrepreneur accused the bank’s Apple Credit Card algorithm of discriminating against women when determining credit card limits.
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By Paul Mackessey on Dec 02, 2019 08:44 am
Between 2010 and 2012, according to the Department of Justice, a US citizen and an Indian resident—acting as contractors for the US Defense Department—took thousands of sensitive files, tried to use them to win business from military manufacturers in the Middle East and South Asia, and sold the Defense Department faulty plane parts that forced the grounding of 47 fighter jets.
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By Paul Mackessey on Dec 02, 2019 08:42 am
The US would sanction Bulgarian politicians if it has a trustworthy information that they have been involved in significant corruption, Herro Mustafa, the new US ambassador to Bulgaria, said on November 29.
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By Paul Mackessey on Dec 02, 2019 08:41 am
Ex-leader of Brazilian petrochemical firm allegedly helped divert $250m to a secret slush fund to bribe government officials and political parties
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By Paul Mackessey on Dec 02, 2019 08:38 am
SASEBO, Japan—A Japanese contractor is under investigation by U.S. federal authorities for possibly dumping wastewater from American warships into Japanese harbors, in a case that shows the U.S. Navy’s ongoing struggles in overseeing its contractors.
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By Paul Mackessey on Dec 02, 2019 08:34 am
The misguided efforts of many local authorities are undermining credibility and legal certainty
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By Paul Mackessey on Dec 02, 2019 08:32 am
A judge in Peru has ordered 14 top lawyers to be jailed while they are being investigated for allegedly favouring construction giant Odebrecht in public-works contracts.
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By Paul Mackessey on Dec 02, 2019 08:31 am
Another week, and another Latin American country is out on the street. Now it is Colombia, where large protests have been taking place since November 21st. In other places, demonstrations have been triggered by specific things, even if the protesters’ demands went beyond them—increases in metro fares in Chile
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By Paul Mackessey on Dec 02, 2019 08:28 am
FIFA banned Brazilian soccer official Ricardo Teixeira for life on Friday for taking millions of dollars in bribes, four years after he was indicted by American federal prosecutors.
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By Paul Mackessey on Dec 02, 2019 08:26 am
Nearly 70 Central American migrants were taken back to their home countries yesterday on buses from Mexico, where they had remained while they awaited their asylum hearings in the United States. Mexico’s Foreign Relations Department said their returns home were voluntary. The migrants decided to return home rather than wait for the cases to be decided, which could take a year and a half.
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By Paul Mackessey on Dec 02, 2019 08:08 am
A British subsidiary of Alstom SA, the French train maker, was ordered to pay £16.4 million ($21.2 million) in a corruption case involving the supply of trams in Tunisia, the U.K.’s Serious Fraud Office said Monday.
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By Paul Mackessey on Dec 02, 2019 08:05 am
PARIS (Reuters) - France’s government is seeking to give the authorities the power to trawl social media for signs of tax avoidance and fraud, according to a provision of the budget 2020 draft law that is being debated in parliament.
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By Paul Mackessey on Dec 02, 2019 08:02 am
KYIV, Ukraine — By the end of this month, more than 500 Ukrainian prosecutors will be out of their jobs as part of sweeping professional reviews under Ukrainian President Volodymyr Zelensky. Among the prosecutors heading for the exit: a key Kyiv contact for Rudolph W. Giuliani.
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By Paul Mackessey on Dec 02, 2019 08:00 am
For the past 12 years, ever since it joined the European Union, Romania has been the epicenter of the bloc’s attempts to boost the integrity of public officials in its 28 member states. The EU itself, according to watchdog Transparency International, “still has a long way to go to tackle corruption effectively.” Yet in an election on Sunday, Romania showed how a European country can make steady if erratic progress toward honest governance – with frequent nudges from the EU.
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