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ANTI-CORRUPTION DIGEST in the News


Anti-Corruptions
Ex-UAW official charged in corruption probe 

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 

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

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-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

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

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

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

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

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

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 

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

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 

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

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

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 

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

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 

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 

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

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 

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 

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

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

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

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

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 

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 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

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 

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

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

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 

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 

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 

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

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 

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 

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

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

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 

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 

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

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 

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

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

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

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 

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 

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 

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 

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

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

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

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 

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 

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

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 

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 

‘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? 

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

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 

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 

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

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

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 

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

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