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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

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.
 

Below are some recent stories from the Anti-Corruption Digest


 

German lawmakers demand answers over Wirecard collapse

By Anti-Corruption Digest on Sep 02, 2020 10:03 am

FRANKFURT (Reuters) – German lawmakers launched a parliamentary inquiry into the collapse of payments firm Wirecard on Tuesday in an effort to force the government to reveal more about a failure to avert the country’s biggest post-war corporate fraud.
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Africa: 2020 Q2 Anti-bribery and corruption report

By Anti-Corruption Digest on Sep 02, 2020 10:01 am

The second quarter of 2020 has seen the globe continue to navigate the complexity created by the COVID-19 pandemic. These unprecedented times have sparked economic and political crisis across the world, while organisations seek to respond to an increase in cybercrime, and a resurgence of bribery and corruption risk as organisations move entirely online and as people adjust to work from home. Additionally, aid funding intended to combat the effects of the virus constitute a new target for criminals.
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Nigeria: Corruption Mars Amnesty Programme

By Anti-Corruption Digest on Sep 02, 2020 10:01 am

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.
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How China plans to catch up to money launderers 

By Anti-Corruption Digest on Sep 02, 2020 10:01 am

Chinese authorities are getting more serious about fighting money laundering.
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Samsung’s heir faces fraud charges 

By Anti-Corruption Digest on Sep 02, 2020 10:01 am

South Korean prosecutors indicted the heir to the Samsung empire Tuesday over a controversial merger of two business units seen as a key step towards his succession, in the latest legal blow to the sprawling conglomerate.
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Saudi Arabia sacks ‘corrupt’ top commander in Yemen war 

By Anti-Corruption Digest on Sep 02, 2020 10:01 am

Saudi Arabia's King Salman bin Abdulaziz issued a royal decree Tuesday to remove the commander in charge of allied forces fighting in Yemen and start a corruption probe, the Saudi Press Agency (SPA) said.
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US considers sanctions on Belarusians for election fraud, violence against protesters 

By Anti-Corruption Digest on Sep 02, 2020 10:01 am

The United States is considering imposing sanctions on seven Belarusians it believes were involved in falsifying the results of the Aug. 9 election and in violence against peaceful protesters, a senior State Department official said on Tuesday. The official, who spoke on condition of anonymity, said the United States could consider imposing sanctions on Russia if it were to intervene overtly with force in Belarus, where protests erupted after an Aug.
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Bribery and Corruption at Utilities Cost Them–and Us–Big 

By Anti-Corruption Digest on Sep 02, 2020 09:59 am

I spent my summer, and most of my career, working with electric utility rules around energy supplies. I push for adding clean energy and reducing climate-damaging emissions in work with regional grid operators, known as RTOs or ISOs. Politics and energy policies have never been more impactful on these seemingly technical, engineering-oriented grid organizations. The agreement by Exelon’s ComEd company to admit to bribing Illinois state officials (and pay a $200 million penalty) for favorable legislation makes a mess for grid operator PJM. Its credibility is at stake.
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Firm pays $790,000 fine in Nebraska hazardous waste case 

By Anti-Corruption Digest on Sep 02, 2020 09:57 am

U.S.-based hazardous waste company has agreed to a $790,000 fine to resolve allegations that it violated federal and state environmental laws at its Nebraska incinerator.
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U.S. to Fine Nursing Homes That Fail to Meet Testing Mandate

By Anti-Corruption Digest on Sep 02, 2020 09:56 am

Nursing homes in the United States will now be required to test staff for COVID-19 and offer testing to residents, the Centers for Medicare & Medicaid Services (CMS) said on Tuesday.
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US sues to recover cryptocurrency funds stolen by North Korean hackers

By Anti-Corruption Digest on Sep 02, 2020 09:54 am

The United States government has filed a lawsuit today seeking to seize control over 280 Bitcoin and Ethereum accounts that are believed to be holding funds North Korean hackers stole from two cryptocurrency exchanges.
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Massive fraud investigation targets prominent Brazilian health researcher

By Anti-Corruption Digest on Sep 02, 2020 09:42 am

Guilherme Franco Netto, a prominent public health scientist in Brazil, was sound asleep in his Rio de Janeiro apartment when his daughter woke him early on 6 August. She looked alarmed. Three federal police officers were at the door.
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Perus Prosecutors Probing Ex-Leader Humala As Part Of Odebrecht Corruption Case

By Anti-Corruption Digest on Sep 02, 2020 09:39 am

MOSCOW (UrduPoint News / Sputnik - 01st September, 2020) The Peruvian Prosecutor General's Office has launched a preliminary investigation into former President Ollanta Humala over his alleged involvement in the multi-million corruption scheme by Brazilian construction company Odebrecht, media reported on Tuesday.
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Mexico Petition Ponders Whether to Put Former Presidents on Trial for Corruption

By Anti-Corruption Digest on Sep 02, 2020 09:37 am

A petition is underway in Mexico to decide if a referendum will be held on whether former presidents will go on trial for alleged acts of corruption.
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Puerto Rico’s archbishop calls corruption ‘social, political and economic scourge’

By Anti-Corruption Digest on Sep 02, 2020 09:34 am

ROSARIO, Argentina – Puerto Rico’s top prelate issued a challenge for the island territory to clean up its political system, warning that right now, corruption “haunts and drowns” its society.
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Evolution and Ethics 

By Anti-Corruption Digest on Sep 02, 2020 09:30 am

In a recent post, I discussed a paper I published a few days ago with several bioethicists on whether trade-offs between generations are always unjust. Since I have received numerous replies, I would like to answer the questions that have been raised and respond to the criticism against our position. (Context: We have defended the claim that welfare trade-offs […]
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Northumbria University hit by cyber attack

By Anti-Corruption Digest on Sep 02, 2020 09:28 am

A university in Newcastle was hit by a cyber attack, which led to exams being cancelled and the clearing hotline being disrupted.
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Certain medical device certificates have no legal standing under UK regulations

By Anti-Corruption Digest on Sep 02, 2020 09:26 am

The UK’s Medicines and Healthcare products Regulatory Agency (MHRA) has reported that Certificates of compliance or Attestation of Conformity documents have no legal standing under the UK Medical Device Regulations 2002.
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RBS offers £100 bribe to open a bank account 

By Anti-Corruption Digest on Sep 02, 2020 09:23 am

Royal Bank of Scotland is offering £100 to customers who open a bank account.
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Former Eskom exec France Hlakudi in court for R30m tax fraud

By Anti-Corruption Digest on Sep 02, 2020 09:21 am

JOHANNESBURG - Former Eskom executive France Hlakudi is expected to appear in the Pretoria Magistrates Court on Tuesday.
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The UAE and Israel: A dangerous liaison

By Anti-Corruption Digest on Sep 02, 2020 09:10 am

The United Arab Emirates (UAE) has been so enamoured with Israel that even before formalising their new bilateral agreement, they had started normalising relations on many levels, including communications, transportation, and security among others.
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Saudi Arabia sacks army commander and his son over alleged corruption 

By Anti-Corruption Digest on Sep 02, 2020 09:08 am

RIYADH, Saudi Arabia — A top Saudi military commander and his son were sacked on Monday over graft allegations, state media said, in the government’s latest anti-corruption purge.
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Saudi king fires two royals under defense corruption probe

By Anti-Corruption Digest on Sep 02, 2020 08:53 am

CAIRO — Saudi Arabia's King Salman fired two senior royals and referred them along with four military officers for investigation into corruption at the Defense Ministry in a royal decree issued early on Tuesday and carried by state media.
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Samsung’s Lee indicted over controversial 2015 merger 

By Anti-Corruption Digest on Sep 02, 2020 08:45 am

SEOUL, South Korea (AP) — South Korean prosecutors on Tuesday indicted Samsung heir Lee Jae-yong on charges of stock price manipulation and other financial crimes, setting up what could be a protracted legal battle to determine whether the 52-year-old billionaire illegally cemented his control over the business giant.
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‘Debt trap’ diplomacy is a card China seldom plays in Belt and Road initiative

By Anti-Corruption Digest on Sep 02, 2020 08:35 am

It’s taken as a given that the Belt and Road initiative (BRI), China’s effort to close the world’s multitrillion-dollar infrastructure gap, is an attempt to extend Beijing’s influence throughout the world by means fair and foul. One of the most incendiary charges is that China uses BRI funds to overwhelm recipient nations, drown them in debt and then seize collateral, often strategic assets, such as mineral resources or a port. Excessive debt can be a problem, but it is not the product of a Chinese strategy. Instead, a combination of “need and greed” among creditors and recipients is to blame. Japan and other countries should focus on those enduring problems rather than BRI.
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Have business in China, or not? Beware this scam 

By Anti-Corruption Digest on Sep 02, 2020 08:34 am

Lots of hemp companies both have an internet presence and get supplied from China. People should be aware of the “buyer beware” approach to getting anything from China: Companies there have swapped ramie and jute for hemp fiber and even substituted synthetics for blended hemp and silk. Always be wary.
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George Clooney-Backed Org Exposes North Korean Bank Scandal in DRC 

By Anti-Corruption Digest on Sep 02, 2020 08:28 am

The Sentry, the George Clooney-supported investigative team that follows the dirty money connected to African war criminals and transnational war profiteers, has published a report it says exposes North Korea’s exploitation of vulnerabilities in the DR Congo banking system to escape sanctions and access the global financial system.
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Covid corruption is rife in South Africa as confidence is washed away

By Anti-Corruption Digest on Sep 02, 2020 08:15 am

Two new words have entered the South African lexicon — “plundemic” and “covidpreneur” capture a cynical response to the coronavirus emergency.
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South Africa Is Clamping Down on Corruption and High-Level Looting of COVID-19 Relief Fund

By Anti-Corruption Digest on Sep 02, 2020 08:10 am

In South Africa, where corruption has always been rife, the spread of COVID-19 has turned into a looting spree. According to media reports, almost R450 billion of money earmarked for the country’s COVID-19 response has been stolen.
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South Africa has a “massive mobile fraud problem”

By Anti-Corruption Digest on Sep 02, 2020 08:08 am

Paris-based anti-fraud firm Evina has determined that one out of every three mobile subscription attempts in South Africa is fraudulent.
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