Featured Articles
The importance of having a strong corporate culture has been well documented. From upholding ethics to driving innovation, organisational performance can be very much influenced by cultural aspects, such as values, mission, communication and the prevailing organisational atmosphere. It is therefore vital that boards understand the culture in their organisations so they can provide effective leadership and direction to the business. If the culture is suboptimum, they also need to be clear about what they desire it to be before they can chart a path towards achieving it.
This is a story of a global company. About its secrets. It is the story of a corrupt corporation.
Anti-Corruption
Jurors declared themselves “hopelessly deadlocked” in a major federal corruption case Thursday, the latest blow to efforts by the feds …
A social and cultural revolution is underway in Saudi Arabia as the new royal regime sweeps away fraud and corruption.
From Britain’s Queen Elizabeth to Formula One racing champion Lewis Hamilton — the leak of more than 14 million documents from firms …
Federal prosecutors didn’t have a great day on Thursday. In Newark, New Jersey, a judge declared a mistrial in the case of Senator Bob …
BOSTON (AP) — A pharmaceutical company founder accused of leading a conspiracy to bribe doctors to prescribe a powerful opioid pain …
he Serious Fraud Office has made its first charges against Unaoil employees in relation to a corruption scandal that has engulfed the …
Governance and Ethics
Many African countries since independence from colonialism have operated under multiple systems of governance: the country’s formal …
Businesses thrive when players in the industry – investors, employers, employees, all concerned, hold on to the sanctity of trust, high
“Despite a sustained focus on curbing bad corporate behavior over the past two decades, and a resulting boom in the compliance …
NASA spent $1.4 billion, or 7.6 percent of its $18.5 billion budget, on information technology, but continues to struggle with security
My final posting on this week’s ethics series is a call to action for all compliance professionals. Every compliance officer should …
Stephanie Davis, who earlier this year became chief compliance officer at Volkswagen Group of America, discusses why she took the job …
Anti-Money Laundering
The Russian-owned real-estate firm Prevezon earlier this year hired former FBI Director Louis Freeh to help the company negotiate a …
A year ago, China accounted for 90 percent of all bitcoin trade. But since Beijing banned initial coin offerings (ICOs) and regulators …
BRUSSELS (Reuters) – The European Union has called very publicly for Malta to bring to justice the killers of a journalist who accused …
The offences are contrary to section 18(a) of the money laundering Act, 2011 as amended and punishable under section 15(3) of same Act.
West African countries are set to enhance measures to combat money laundering and terrorism financing in the sub-region.
30-year-old Carrollton woman and the owner and operator of Wicked Vapes, is accused of money laundering and illegal gambling, officials
Cyber Risk
Cyber criminals are focusing on a new target: schools. Your child’s personal information could be at risk.
Cyber criminals have latched onto the notion of “fake news” and turned it into a profitable business model, with services starting at …
Hackers are out there praying on vulnerable computers and shutting them down with software called ransomware, then asking for money to …
Hackers who attacked the now defunct website of second hand goods store Cash Converters may have access to the account details of …
Russian hackers have targeted the UK energy network, telecoms and the media in the past year, a British security chief has claimed. …
White House Cybersecurity Coordinator Rob Joyce said Wednesday the administration will have to compromise with Congress on legislation …
Security Risks
Officials investigating the shooting asserted that they would not treat the attack as a terrorist act.
On the day news broke that Alibaba co-founder Joe Tsai was purchasing 49 percent of the Brooklyn Nets NBA franchise, plenty of the …
The moment the news broke on Halloween that an Uzbek in a rental truck had just killed eight people on New York’s West Side cycle path,
Fake news is the deliberate distribution of lies with the goal of swaying public opinion or dividing people. It has gotten the …
Bangladesh, the “so-called friend” of India, also poses a security threat to the country besides China and Pakistan, Union minister …
Singapore is not alone in proposing a far-reaching Bill to beef up cyber security, said experts, even as it wins the support of …
North America
NEW YORK (Reuters) – A U.S. judge on Thursday ordered a mistrial in the corruption case against the former head of New York City’s …
Companies who use banned building products in New South Wales, including dangerous cladding, could be hit with fines of more than a …
An American body that specialises in cybercrime allegedly asked the US Postal Service to help to identify a whistleblower at Barclays.
ATLANTA (AP) — Four people have been indicted on multiple counts of conspiracy to commit health care fraud and aggravated identity …
BOSTON (AP) — A pharmaceutical company founder accused of leading a conspiracy to bribe doctors to prescribe a powerful opioid pain …
nvestment watchdog the Financial Markets Authority believes increased awareness of the risks of online trading is behind a spike in …
Latin America
In a statement broadcast on national television, Mr Kuczynski also rejected claims that he had been hired as a consultant a decade ago.
Arguably, one of the biggest challenges of doing business in Latin America has been fraud and corruption. In recent years, however, …
Eight Colombian senators are under investigation for their alleged involvement in the infamous Odebrecht corruption case, according to …
The 2015 leaks by the Panama Papers Reports showed how many countries had lost huge sums as monies carted away to offshore accounts and
In a statement broadcast on national television, Mr Kuczynski also rejected claims that he had been hired as a consultant a decade ago.
QUITO, Ecuador – A court in Ecuador has paved the way for a criminal trial to begin against the nation’s vice president in an alleged …
Asia
Indonesia had been captivated by the hunt for Setya Novanto, who is being pursued over his links to a multi-million-dollar corruption …
From Tyler Durden: Yang Xiadou is the Party’s number two man in Xi Jinping’s crackdown on corruption in the Chinese Communist Party – …
More than 20 banks sent or received money to Gupta-linked companies, an investigation by the Organised Crime and Corruption Reporting …
The report released last week by Kobe Steel after an internal probe into widespread data-doctoring does not delve deeply enough into …
SEOUL — A top aide to South Korean President Moon Jae-in offered to resign on Thursday after his subordinates were arrested on …
PETALING JAYA (THE STAR/ASIA NEWS NETWORK) – A Vietnamese businesswoman has been detained by Malaysia’s anti-graft agency for allegedly
Europe
he Serious Fraud Office has made its first charges against Unaoil employees in relation to a corruption scandal that has engulfed the …
The chief judge at an EU organization tasked with improving the rule of law in Kosovo quit and accused other senior members of the …
This land, a place where lemon trees bloom four times a year, is blessed with abundance — of sunshine, world cultural heritage sites, …
The survey showed a significant drop in support from senior company management for UK whistleblowers from 51% in 2014 to just 38% today.
KIEV (Reuters) – Ukrainian investigators fear corruption probes could get buried because the national anti-corruption bureau will soon …
With a payment of €300 million (CHF350 million), the Swiss subsidiary of British bank HSBC has settled its tax fraud dispute with the …
Middle East
Mr Aoun said “nothing justified” Saad Hariri’s continued absence, and that it was a breach of his human rights.
Saudi authorities are negotiating settlements with princes and businessmen held over allegations of corruption, offering deals for the …
On Friday, UK corruption investigators laid the first criminal charges in the Unaoil scandal. The Serious Fraud Office charges against …
Authorities in Saudi Arabia are offering businessmen and members of the royal family detained on allegations of corruption an …
Israel ranks 28th among 176 countries in corruption, according to Transparency International, the organization that monitors corruption
Earlier this month, Saudi Arabia grabbed international headlines and sent seismic shock waves across the region when its newly …
Africa
President Muhammadu Buhari says the ongoing fight against corruption has started yielding fruitful results as Nigeria is now a …
More than 20 banks sent or received money to Gupta-linked companies, an investigation by the Organised Crime and Corruption Reporting …
Amidst the toxicity and fallout from the Gupta family’s manipulation of State in South Africa, with its tentacles spreading across the …
Vice chancellors who have misappropriated university funds should prepare to go to jail. Education Cabinet Secretary Fred Matiang’i …
Instead of suspending a high-ranking police officer who is under investigation for fraud, the police wanted to send her on a trip to …
PARLIAMENT – President Jacob Zuma said the legal fees to be paid by the State for him challenging the reinstatement of 783 corruption, …
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.