Ex-UAW official charged in corruption probe
Federal prosecutors charged a fourth individual Friday in a widening investigation into alleged misuse of auto worker-training funds by Read More
Mafia, organised crime and corruption in the public sector
The latest podcast from Victoria’s Independent Broad-based Anti-corruption Commission on corruption trends and prevention reveals … Read More
UDF stalwarts lash ANC corruption
Factionalism and corruption within the ANC took centre stage during the commemoration of the United Democratic Front (UDF) launch at … Read More
Mexico-Brazil Corruption Probe story
MEXICO CITY (AP) — In a story Aug. 14 about corruption allegations against the former head of Mexico’s state-run oil company Pemex, The Read More
OFAC Pushes Iran Sanctions Enforcement – Corruption, Crime & Compliance
Many companies have been laser-focused on anti-corruption compliance, and with good reason given the risks and consequences of an … Read More
Time for Compliance to Take a Stand – Compliance Report
Chuck Duross has called the compliance profession “The Alamo” of corporate America, in that sometimes you must take a stand, draw a … Read More
Governance and Ethics
Corporate governance: Focus on SEBI
The exit of Vishal Sikka as the chief of multinational IT giant Infosys brings forth the issue of corporate governance yet again. … Read More
Fletcher’s problem with governance
The table below from Fletcher Building’s results presentation on Wednesday clearly shows the company’s incompetent corporate governance.
Why ‘corporate governance’ has been Infosys’ most dreaded term in 2017
Vishal Sikka stepped down as Infosys CEO with immediate effect on Friday as friction with the company’s founders reached its climax in … Read More
Yes Sikka’s Infosys brought in revenue, but its governance got Murthy’s goat
The resignation of Infosys CEO and MD Vishal Sikka from the company’s board has made the founder of India’s second … Read More
Payment delays trickery by big corporates
If a client calls requesting services and their outstandings are 60 days and more, we are obviously unable to fund the service they are Read More
Training plan to teach them governance, equity and ethics
The province is preparing to provide “inclusive governance training” to Ontario’s next group of elected school board trustees.
Anti-Money Laundering
CBA the only bank on the AUSTRAC radar in money-laundering and terror financing allegations
In response to questions from a Senate committee about its case against the CBA, the agency’s acting chief executive Peter Clark … Read More
Money Laundering Risk Levels in Latin American Countries
Insightcrime.org – An annual report by one of the world’s leading institutions working against financial crimes ranks countries around … Read More
Kansas couple gets probation after money laundering scheme
MEADE, Kan. (AP) – A Kansas couple was sentenced to three years of probation for laundering millions of dollars in suspected drug money Read More
Crocodile Dundee star’s tax advisor accused of ‘massive money laundering scam’ walks free after case collapses
A British man accused of masterminding an alleged $2.2 billion international tax avoidance scheme has walked free after a case against … Read More
Secret Service Man Admits Laundering More Stolen Bitcoin
A disgraced former Secret Service sent to jail for stealing Bitcoin during an investigation into the Silk Road darknet marketplace has … Read More
Japan’s second casino hearing draws to a close in Osaka
As previously reported by Casinopedia, the Japanese government’s proposal to hold a series of discussions is under way, with the … Read More
Cyber Risk
Ransomware attacks pushing the focus back to basics
KUALA LUMPUR: Last week, the world’s largest container shipping company Maersk revealed that it had suffered up to some US$300 million … Read More
New Set of Ransomware is Threatening Everyone’s Cyber Security
It can be used to target any victim, from innocent individuals to large enterprises, hospitals, and financial institutions. No one is … Read More
How fake news influences election outcomes
Fake news is everywhere these days. It’s so prevalent that Facebook has introduced a system to help users spot it.
Two-thirds of FTSE 350 board members lack cyber hack training
Some 68 per cent of board members in the FTSE 350 said they have not been trained in responding to a cyber attack, according to the … Read More
North Korea Already Has a Devastating Weapon: Cyber attacks
As tensions rise over North Korea’s potential nuclear missile threat, U.S. officials and outside experts are increasingly concerned the Read More
Protection Protocols: Cyber-Securing Video Surveillance
Since the early 1990s, there has been a silent but very real war being waged – a cyber war. Currently, China has between 50,000 and … Read More
Security Risks
Lawmakers Question the Efficacy of FCC’s Cybersecurity Practices
The Federal Communications Commission had claimed that it was a victim of a distributed denial of service (DDoS) attack on its … Read More
China Counterfeiting Cease and Desist Letters
Hardly a week goes by without an American or a European company contacting one of our China lawyers wanting to retain us to “stop the … Read More
Hacking the home: how connected tech is making your shack a security risk
If there’s one place in the world that’s supposed to feel safe and comfortable, it’s the home. When you’re not working or doing things … Read More
Cyber Security – Malware, Hacker and Virus Prevention Guide
Cyber crime is increasingly becoming one of the major potential criminal expenses for businesses in all industries. When attacks … Read More
SBI account holder? Here’s why your ATM card could be blocked
Some SBI account holders are receiving messages from the bank stating that their debit cards have been blocked permanently. The reason … Read More
Secret chips in replacement parts can completely hijack your phone’s security
People with cracked touch screens or similar smartphone maladies have a new headache to consider: the possibility the replacement parts Read More
North America
Sierra Leone presidential hopeful John Sisay denies bribery and corruption allegations
Fairfax Media says that Iluka Resources has uncovered the suspected bribe payments, after it added one of the world’s largest Rutile … Read More
Insider trading schemes using encrypted apps alarms FBI
The Federal Bureau of Investigation is growing concerned that Wall Street traders are turning to encrypted apps to hide illicit … Read More
Lithuanian man brought to US to face $100 million fraud case
A Lithuanian businessman extradited to the United States to face charges that he duped Google and Facebook into sending him over $100 … Read More
Plenty at Stake in Jury Selection for Menendez Trial
NEWARK, N.J. (AP) — A lengthy criminal investigation that has put U.S. Sen. Bob Menendez in the crosshairs of a federal corruption … Read More
U.S. charges retired UAW official in ongoing corruption probe
A well-known official of the UAW has become the fourth person charged in connection with a $4.5 million embezzlement case involving the Read More
U.S. Navy fraud case involving Fat Leonard snares captain
Navy captain Jesus Vasquez Cantu admitted in federal court yesterday (August 18) that he accepted bribes, including the services of … Read More
Latin America
Peru to award $6.15 bln in post-flood rebuilding contracts
LIMA, Aug 10 (Reuters) – Peru plans to award at least $6.15 billion in post-flood construction contracts through 2021 in expedited … Read More
Dominican Republic’s ‘Green Caravan’ Calls for Odebrecht Ouster
According to documents published on Dec. 21 by the U.S. Justice Department, Odebrecht paid approximately US$788 million in bribes in 12 Read More
Innovative bus tour highlights corruption in Mexico Innovative bus tour highlights corruption in Mexico
As Latin America struggles against corruption, an innovative new way of fighting graft in Mexico City has been causing a stir in the … Read More
How brazen gangs have taken over the streets of Latin America
Earlier this year, bandits struck on an unpoliced stretch of a highway in the outskirts of Rio de Janeiro. Riding in a convoy and … Read More
Brazil Investigates Olympic Scholarship Corruption
The Brazilian Federal Police is looking into a possible diversion of public resources from the Sports Ministry of Brazil.
Fernandez Denounces Manipulation in Argentine Primaries
Former President Cristina Fernandez de Kirchner has condemned the government of President Mauricio Macri for manipulating the results … Read More
Asia
S. Korean baseball club to face ownership change after losing court battle
SEOUL, Aug. 18 (Yonhap) — South Korea’s professional Nexen Heroes baseball club are set to face a change in their ownership structure … Read More
MACC freezes Penang exco’s bank accounts
The Malaysian Anti-Corruption Commission (MACC) has frozen four bank accounts belonging to Penang Welfare, Caring Society and … Read More
U.S. Navy fraud case involving Fat Leonard snares captain
Navy captain Jesus Vasquez Cantu admitted in federal court yesterday (August 18) that he accepted bribes, including the services of … Read More
Vietnam fires vice minister amid corruption crackdown
HANOI: Vietnam fired a vice trade minister on Wednesday for wrongdoings at electricity firm Dien Quang Lamp, the government and state … Read More
Australian navy personnel embroiled in $43 million prostitute bribery scandal
Raja, 44, the short, bookish-looking general manager of Singapore-headquartered contractor Glenn Defense Marine was sentenced to 46 … Read More
China calls for expanded anti-corruption cooperation with Canada
BEIJING (Reuters) – China wants to expand its anti-corruption cooperation with Canada, Chinese Foreign Minister Wang Yi told his … Read More
Europe
Three risks and three scenarios for Ukraine
There is no doubt that Russia continues to influence Ukraine by all possible means available. Cyber warfare became the main direction … Read More
Danish fishing scandal strengthens UK’s Brexit hand
The funk is emanating from a corruption scandal in the Danish fishing industry involving widespread cheating on EU quotas.
C5 Anti-Corruption Italy
Whether you are just joining the anti-corruption and bribery community, or you are a highly seasoned practitioner, this conference has … Read More
40 million-bottle fake French wine scam probed
French wine routed through bulk wine trading company Raphael Michel is under investigation for an alleged multi-million-pound fraud … Read More
Britain May Have To Bribe The EU Bureaucracy On Trade Transition Post-Brexit
There’s an underlying assumption which I find most odd about the European Union’s attitude toward trade, one which leads David Davis … Read More
Courts blocking NABU investigation into Rotterdam
Director of the National Anti-Corruption Bureau of Ukraine (NABU) Artem Sytnyk has said that the NABU feels pressure over the … Read More
Middle East
How Afghanistan is ramping up its fight against corruption
KABUL, Afghanistan — They were important men – tall and imposing, well-dressed and well-connected, used to giving orders and getting … Read More
Saudi Labor Ministry declares war on corruption in private sector
JEDDAH: In a move which is considered as a “declaration of war” on corruption in the private sector, the Ministry of Labor and Social … Read More
Panama Papers case: Nawaz Sharif, family fail to appear before anti-corruption body for second time
Lahore: Ousted Pakistan prime minister Nawaz Sharif and his family members failed to appear before the country’s top anti-graft body, … Read More
Israel’s Netanyahu looks to exude calm in face of charges
Israeli Prime Minister Benjamin Netanyahu’s circle attempted to convey calm Sunday amid reports of a slew of corruptions charges … Read More
‘Yisrael Beytenu scandal’ nets 10 corruption indictments
Kirschenbaum was charged with bribery, fraud, breach of trust, money laundering and tax offenses. The State Attorney’s Office asked to … Read More
Carla Del Ponte – A War Crimes Prosecutor or A Guided Missile Against Syria?
In Sunday’s interviews, she said she had handed in her resignation letter last Thursday, and that she would officially step down on … Read More
Africa
Kenyan anti corruption campaigners see progress
NAIROBI – As disputes raged over the presidential results from Kenya’s election last week, a little-noticed democratic revolution … Read More
Nigerian Judiciary Not As Corrupt As NBS Report Shows
Like the police, the National Judicial Council, NJC has refused to accept the result of a survey that shows that the judiciary is the … Read More
Bogus doctors nabbed for fraud in Ekurhuleni
Four foreign nationals, including a local doctor, were arrested after the National Traffic Anti-Corruption Unit conducted a raid on a … Read More
Business has a role in fighting corruption
It is safe to say that the #GuptaLeaks and the broader issue of #StateCapture have had a devastating impact on South Africa’s … Read More
Grace Mugabe offered me a bribe
JOHANNESBURG –The family of a woman who was allegedly assaulted by Grace Mugabe said it refused a bribe from Zimbabwe’s first lady to … Read More
Being a good business is also good for business
South Africa faces daily allegations of political and corporate corruption. This is something which global engineering firm Siemens had Read More
About Anti-Corruption Digest
Anti-Corruption Digest is your source for international risk and compliance related news, insights and best practices. Anti Corruption Digest features various corporate compliance issues such as money laundering, business ethics, government ethics, compliance, and cyber risks from around the world. Anti-Corruption Digest is the new home of the Foreign Corrupt Practices Act (FCPA) Newswire edited by Mike Kenealy
Read more: Anti-Corruption Digest International Risk & Compliance News http://anticorruptiondigest.com/#ixzz4qMf4z6kY
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