by Anti-Corruption Digest | Sep 30, 2020 | Anti-Corruption, Featured |
On September 28, the U.S. Securities and Exchange Commission (SEC) announced a $1.8 million whistleblower award, issued to “a company outsider, who expeditiously reported significant information to the Commission about ongoing securities law violations.” The award is...
by Anti-Corruption Digest | Sep 28, 2020 | Anti-Corruption, Featured, Featured Article, North America |
The COVID-19 pandemic has exacerbated already staggering levels of economic inequality in many countries around the world. Now there is a real risk that trillions of dollars meant to support those hardest hit by the crisis may be captured by the wealthy, increasing...
by Anti-Corruption Digest | Sep 28, 2020 | Anti-Corruption, Featured |
Samuel Shaw and Richard Marven, two naval officers, witnessed the torture of British prisoners of war at the hands of their commanding officer, Esek Hopkins. Outraged by his action, they reported him, which resulted in their dismissal from the US Navy. That was 1777....
by Anti-Corruption Digest | Sep 27, 2020 | Anti-Corruption, Featured, Featured Article |
Progress against corruption can be made even under the most challenging conditions, a new World Bank report finds. At a time when unprecedented levels of emergency funds have been mobilized to respond to the COVID-19 pandemic, the report offers a fresh look at some of...
by Anti-Corruption Digest | Sep 24, 2020 | Anti- Money Laundering, Featured, Featured Article |
We’ve just had the closest look yet at the global battle against money laundering, and it’s deeply troubling: Banks and their regulators are nowhere near restraining the flow of trillions of dollars of illicit funds. Both the finance industry and the authorities are...
by Anti-Corruption Digest | Sep 23, 2020 | Asia, Featured, Security Risks |
‘We believe…that the freedom of the Filipino people depends on the balance of power in the South China Sea to the exclusion of no other great power in the world,’ says Foreign Secretary Teodoro Locsin Jr The Philippines has vowed to keep Western powers in the South...
by Anti-Corruption Digest | Sep 22, 2020 | Anti-Corruption, Featured, North America |
National security practitioners have become increasingly aware of the threat of “Kleptocratic regimes” and “strategic corruption” to the internal politics of liberal-democratic polities. In the classical version of this narrative, authoritarian regimes exploit global...
by Anti-Corruption Digest | Sep 22, 2020 | Anti- Money Laundering, Featured, Featured Article |
The bricks-and-mortar economy is continuously being substituted with the economy of ideas in which Intellectual Property (IP) is a major exchange. As the globe moves into the Fifth Industrial Revolution, wealth creation and generation is shifting to the capture and...
by Anti-Corruption Digest | Sep 16, 2020 | Europe, Featured, Featured Article, Governance and Ethics |
FIFA and the United Nations Office on Drugs and Crime (UNODC) signed a Memorandum of Understanding on Monday aimed at establishing their joint collaboration to use football as a vehicle for youth development and to fight corruption. According to the soccer governing...
by Anti-Corruption Digest | Sep 15, 2020 | Anti- Money Laundering, Asia, Featured, Featured Article |
President Duterte has approved the recommendations of the Department of Justice-led panel, that included filing of administrative and criminal complaints against PhilHealth officials in connection with the alleged irregular procurement of information technology...
by Anti-Corruption Digest | Sep 14, 2020 | Anti-Corruption, Asia, Featured |
In this article, we introduce some key developments that are consistent with the Moon administration’s stated commitment of uprooting corrupt practices: a focus on alternate forms of corruption such as corrupt hiring practices, particularly those involving hiring...
by Anti-Corruption Digest | Sep 14, 2020 | Africa, Featured, Featured Article |
The level of corruption is the biggest stumbling block that prevents many countries in Africa to move ahead and to realise their true potential as emerging markets despite their valuable key resources. For instance, even if South Africa can get a good revamped,...
by Anti-Corruption Digest | Sep 14, 2020 | Featured, Governance and Ethics, North America |
A suspended Department of Health epidemiologist who exposed Hawaii’s lack of COVID-19 contact tracers likely saved lives and earned support from members of the state Senate Special Committee on COVID-19, who vowed Friday to rally to her defense. Four senators took...
by Anti-Corruption Digest | Sep 14, 2020 | Featured, North America, Security Risks |
CHILD AND ADULT victims of sexual crimes face inadequate supports in both bringing their abusers to justice and receiving therapeutic help. Noteworthy, the crowd-sourced investigative platform from TheJournal.ie, has interviewed close to 40 sexual abuse survivors, as...
by Anti-Corruption Digest | Sep 8, 2020 | Africa, Featured, Governance and Ethics |
Along with other ordinary South Africans, we at Corruption Watch have followed with increasing dismay the growing number of reports of corruption related to the COVID-19 pandemic. The perpetrators of this corruption have been unashamedly brazen in their hijacking of...
by Anti-Corruption Digest | Sep 4, 2020 | Anti-Corruption, Featured, Middle East |
RIYADH: King Salman has issued a royal decree ordering the sacking of Saudi Commander of the Joint Forces in Yemen Lt. Gen. Fahad bin Turki bin Abdul Aziz and the launch of a probe into corruption. Jouf Deputy Gov. Prince Abdul Aziz bin Fahad bin Turki bin Abdul Aziz...
by Anti-Corruption Digest | Sep 2, 2020 | Africa, Featured, Security Risks |
Abuja — A new report by Nextier Security, Peace and Development (SPD) has described the Presidential Amnesty Programme (PAP) as too expensive to maintain and marred by corruption and patrimonial sentiment. The report, which was released in Abuja yesterday, noted that...
by Anti-Corruption Digest | Aug 31, 2020 | Asia, Featured |
Marcos said that contrary to Sen. Panfilo “Ping” Lacson’s belief there is no direct evidence that could link Duque to such irregularities, she said she believes there are plenty. “Ako, with all due respect, palagay ko meron na. Kailangan lang tinitignan natin ng...
by Anti-Corruption Digest | Aug 27, 2020 | Europe, Featured, Security Risks |
The government in Denmark has fired 3 top officials from the country’s foreign intelligence agency, the Forsvarets Efterretningstjeneste (FE), following revelations from a whistleblower. The officials, including the head of the agency, Lars Finden, have been “relieved...
by Anti-Corruption Digest | Aug 26, 2020 | Anti- Money Laundering, Featured, North America |
Donald Trump’s former chief White House strategist Steve Bannon was arrested and charged with defrauding donors. After promising to use money raised by an organization called We Build the Wall on border wall construction projects at the U.S.-Mexico border, Bannon is...
by Anti-Corruption Digest | Aug 25, 2020 | Anti-Corruption, Featured, Latin America |
A corruption scandal shaking Mexico’s political elite intensified on Thursday as a leaked document containing a raft of allegations raised pressure on several former presidents and senior officials. With tensions mounting between the country’s political...
by Anti-Corruption Digest | Aug 25, 2020 | Africa, Anti-Corruption, Featured |
South Africa’s president has delivered a withering description of the corruption that plagues the ruling African National Congress. Cyril Ramaphosa, in a letter dated August 23, 2020 that was sent to all ANC members, began his castigation with the...
by Anti-Corruption Digest | Aug 25, 2020 | Africa, Featured |
Public Protector Busisiwe Mkhwebane has spoken out against South Africa’s coronavirus and public sector corruption and the role of the legal system in tackling it. Mkhwebane said that while there has been a lot of reporting around dodgy tenders in recent weeks, there...
by Anti-Corruption Digest | Aug 24, 2020 | Anti-Corruption, Featured, Latin America |
GENEVA — Corrupt practices around medical safety gear for COVID-19 health workers is tantamount to “murder,” World Health Organization (WHO) director-general Tedros Adhanom Ghebreyesus said on Friday as he warned that it may take at least two years until the world...
by Anti-Corruption Digest | Aug 22, 2020 | Anti-Corruption, Featured, North America |
Actress Lori Loughlin and her husband, fashion designer Mossimo Giannulli, were sentenced Friday to spend months in federal prison for participating in a fraudulent scheme to help their daughters get into the University of Southern California as phony crew team...
by Anti-Corruption Digest | Aug 20, 2020 | Asia, Featured |
KUALA LUMPUR • The owner of a roadside burger chain has been hailed as a hero for releasing two videos alleging that Malaysian police and city council officers were “protecting” gambling machine syndicates and foreign migrants selling contraband cigarettes...
by Anti-Corruption Digest | Aug 20, 2020 | Anti- Money Laundering, Featured, North America |
A Harlingen man was indicted by a federal grand jury in late July for allegedly using his position at a Wells Fargo branch to coordinate withdrawals from shipments of narcotics proceeds. Stephen Roland Reyna was granted a $50,000 bond following a detention hearing...
by Anti-Corruption Digest | Aug 13, 2020 | Anti- Money Laundering, Featured, Middle East |
Saudi authorities announced on Monday the arrest of Saudi citizens including a member of the Shura Council, a former judge, a notary, and a number of retired officers, as a result of their alleged involvement in several corruption cases. The Saudi Press Agency...
by Anti-Corruption Digest | Aug 11, 2020 | Anti- Money Laundering, Featured |
Money laundering is big business but wholly illegal big business. It has an enormously negative impact on local, national, and international economies as well as providing the financial means to fund other criminal activities such as people trafficking and drugs. By...
by Anti-Corruption Digest | Aug 11, 2020 | Africa, Featured |
Ethics and Anti-Corruption Commission (EACC) has been accused of bribing a South African witness who helped nail Sirisia MP John Waluke and his co-director Grace Wakhungu over a fraudulent maize dealings worth Sh297 million. In an appeal to be heard this week, Ms...
by Anti-Corruption Digest | Jul 28, 2020 | Africa, Featured, Featured Article |
The more than 50-year-old retailer has faced stream of lawsuits after revealing holes in its accounts in December 2017, the first sign of the fraud estimated to total $7 billion, and is still battling to recover. Chief Executive Louis du Preez said the company had...
by Anti-Corruption Digest | Jul 17, 2020 | Anti- Money Laundering, Featured, Featured Article |
Under these circumstances, the focus of regulators, such as the European Securities and Markets Authority, through anti-money laundering (AML) compliance, is to identify sources and movements of capital as they enter the financial system, markets, and businesses....
by Anti-Corruption Digest | Jul 16, 2020 | Anti- Money Laundering, Featured |
Transnational organised crime, in short TOC, is a growing problem that represents a global threat to human development, security and democracy. Organized crime groups operate increasingly across borders and spread violence, corruption and instability. Their activities...
by Anti-Corruption Digest | Jul 16, 2020 | Anti-Corruption, Featured |
BOSTON — David Sidoo, a Canadian businessman who once played for the B.C. Lions, was sentenced to 90 days in prison and fined US$250,000 on Wednesday after admitting he participated in a vast cheating scheme to help his children get into college. Sidoo, a Vancouver...
by Anti-Corruption Digest | Jul 16, 2020 | Featured, Governance and Ethics, Latin America |
When current Mexican President Andrés Manuel López Obrador (commonly known as AMLO) won the election in December 2018, his landslide victory rested squarely on his promise to root out systemic corruption in the country. But two years later, progress in long-term...
by Anti-Corruption Digest | Jul 16, 2020 | Anti- Money Laundering, Europe, Featured |
The tax-free zones allow goods to be manufactured, stored, imported and exported without normal checks and paperwork. Freeports have been championed by Prime Minister Boris Johnson and Chancellor Rishi Sunak who intend to create 10 to boost Britain’s post-Brexit...
by Anti-Corruption Digest | Jul 10, 2020 | Africa, Featured |
African countries have made “significant” progress in reaffirming their commitments and building their capacity to achieve tax transparency. This is the main conclusion of the recent report on “Tax Transparency in Africa” of the Africa Initiative, which shows that the...
by Anti-Corruption Digest | Jul 9, 2020 | Anti-Corruption, Featured |
San Diego ventilator manufacturer agreed to pay more than $37 million in January to settle a civil lawsuit alleging it defrauded the federal government through illegal kickbacks to suppliers, admitting no guilt. Two months later, the U.S. Department of Health and...
by Anti-Corruption Digest | Jul 8, 2020 | Anti- Money Laundering, Asia, Featured |
The China Banking and Insurance Regulatory Commission accused the publicly named shareholders of failing to comply with regulations by seeking improper benefits or, in some cases, withdrawing bank or insurer assets illegally. The regulator stressed the need to...
by Anti-Corruption Digest | Jul 8, 2020 | Africa, Featured |
Nigeria secret police – Department of State Service (DSS) don deny reports say dem arrest di oga of Economic and Financial Crimes Commission (EFCC) Ibrahim Magu. But Nigeria corruption police boss get case to ansa, based on wetin BBC Pidgin find out. According...
by Anti-Corruption Digest | Jul 8, 2020 | Africa, Featured, Featured Article |
Zimbabwe’s Health minister Obadiah Moyo was sacked by President Emmerson Mnangagwa in the wake of claims of corruption regarding a deal to procure coronavirus test kits. A statement issued by the Chief Secretary to the President, Misheck Sibanda, said that Moyo had...
by Anti-Corruption Digest | Jul 1, 2020 | Featured, North America, Security Risks |
The Federal Communication Commission has declared Chinese telecom giants Huawei and ZTE “national security threats,” a move that will formally ban U.S. telecom companies from using federal funds to buy and install Huawei and ZTE equipment. FCC chairman Ajit Pai said...
by Anti-Corruption Digest | Jul 1, 2020 | Anti- Money Laundering, Featured |
In a post-budget media briefing the finance minister, while referring to some core objectives of the just announced budget, spoke about the government’s commitment to rein in money laundering. The government, he said, would look into ways of curbing money...
by Anti-Corruption Digest | Jun 30, 2020 | Featured, Featured Article |
What happened: Annual reports issued by Mexico’s national auditor for 2013 and 2014 suggested that public universities misused or diverted millions of dollars in spending. Eleven government agencies — notably Mexico’s Social Development Ministry and state oil firm...
by Anti-Corruption Digest | Jun 29, 2020 | Europe, Featured, Featured Article |
Sweden’s financial supervisory authority fined Skandinaviska Enskilda Banken AB 1 billion Swedish kronor ($107.3 million) following a delayed review of the bank’s efforts to prevent money laundering at Baltic branches. The regulator, known as the Finansinspektionen,...
by Anti-Corruption Digest | Jun 25, 2020 | Anti-Corruption, Featured |
BUCHAREST (Romania), June 24 (SeeNews) – The head of Romanian state-owned drug and medical equipment procurement and distribution company Unifarm, Adrian Ionel, has been charged with corruption for allegedly demanding a bribe from a supplier of medical equipment...
by Anti-Corruption Digest | Jun 23, 2020 | Asia, Featured |
MANILA, Philippines – For Philippine Health Insurance Corporation (PhilHealth) President and CEO Ricardo Morales, it was “premature” to go to President Rodrigo Duterte to discuss the corruption allegations in the agency following reports that P154-billion...
by Anti-Corruption Digest | Jun 23, 2020 | Featured, North America |
The U.S. Supreme Court on Monday placed limits on the Securities and Exchange Commission’s practice of forcing defendants to surrender profits obtained through fraud as part of its enforcement of investor-protection laws in federal courts. The court reaffirmed the...
by Anti-Corruption Digest | Jun 23, 2020 | Africa, Featured |
The landmark trial of one of Democratic Republic of Congo’s best-known government officials is coming to a head. President Felix Tshisekedi’s chief of staff could be sentenced to 20 years of hard labor if a court finds him guilty of embezzlement on Saturday, yet it’s...
by Anti-Corruption Digest | Jun 22, 2020 | Anti-Corruption, Featured |
ISLAMABAD: Chairman National Accountability Bureau (NAB) Justice (R) Javed Iqbal said that NAB is committed for logical conclusion of mega corruption cases and eradication of corruption from the country is the top most priority of NAB. “The NAB is role model for Saarc...
