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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


 

Corruption Vulnerabilities in the U.S. Response to the Coronavirus 

By Anti-Corruption Digest on Mar 25, 2020 03:43 pm

Times of social, political, and economic stress present opportunities for corrupt actors to act corruptly—and the crisis caused by the novel coronavirus will be no exception. As the vast majority of Americans pull together to protect the country’s most vulnerable and ensure that medical and financial resources go where they can do the most good, it is hard to imagine that a few fellow citizens would take advantage of their public roles to facilitate their private gain. But alas, prior pandemics demonstrate that this will be the case.
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India: Modi announces countrywide lockdown for 21 days

By Anti-Corruption Digest on Mar 25, 2020 03:38 pm

Addressing the nation for the second time in a week, Prime Minister Narendra Modi on late Tuesday announced a countrywide lockdown for three weeks, thus restricting a population of over 1.3 billion indoors.
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Coronavirus: the UAE is doing a great job, helping others too

By Anti-Corruption Digest on Mar 25, 2020 03:34 pm

Regarding the report Coronavirus: UAE sends aid to Iran to support fight against Covid-19: See, now this is what we should be doing, helping each other out. Very well done, UAE. That is the right spirit. We are all in this together. to the editorial Gantz has a historic opportunity (March 17): In the past year, Israel politics has been in disarray. None of the politicians have demonstrated the right leadership qualities or come up with fitting solutions that prioritise the welfare of the people. Despite his earlier tenure as prime minister, Benjamin Netanyahu, now mired in corruption charges, has failed this time to secure a majority. Let's hope the Palestinian people have better luck with Gantz in office.
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Yazoo, Unions, And An Easy Way To Reduce Corruption

By Anti-Corruption Digest on Mar 25, 2020 03:33 pm

The template for corruption in America is the 1794 Yazoo Land Act of the Georgia Legislature.   A group of land speculators formed a company to purchase land along the Yazoo River in what is now Mississippi. The company owners gave shares to the Governor and members of the Assembly in exchange for their agreement to pass an act authorizing the sale of 40 million acres of land to the company for $500,000, a very good deal for the buyer. Once the land was sold by Georgia, the company divided the land into smaller parcels and resold the land to speculators—making the shareholders, and the corrupt legislators who were given shares, very rich. The corruption was simple: the legislators accepted shares in exchange for an official act which made those shares valuable.
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Son Of Former Army Chief In Iran Sentenced To Ten Years For Corruption

By Anti-Corruption Digest on Mar 25, 2020 03:31 pm

A Revolutionary Court in Tehran has sentenced the son of former Chief Commander of the Iranian Army to ten years in jail for corruption, the Islamic Republic Judiciary spokesman announced at his weekly news conference on Tuesday, March 17.
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George Galloway shames Brussels over £6.9million FINE against Italy amid COVID-19 outbreak 

By Anti-Corruption Digest on Mar 25, 2020 03:26 pm

George Galloway raged over the European Union's decision to issue Italy with a fine over helping Sardinian hotels in the midst of the coronavirus outbreak. Mr Galloway hit out at the bloc for delaying help to the virus-
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Acting selfishly has consequences right now – why ethical decision making is imperative in the coronavirus crisis 

By Anti-Corruption Digest on Mar 25, 2020 03:17 pm

As the country moves into lockdown mode in response to the COVID-19 pandemic, we are increasingly faced with serious ethical questions about what ordinary people should be obliged to do for others.
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Governance and delivery 

By Anti-Corruption Digest on Mar 25, 2020 03:15 pm

The vision given in the manifesto of the Pakistan Tehreek-i-Insaf (PTI) mentions effective government with merit and responsiveness as one of the guiding principles of the party. The former chief minister of Khyber Pakhtunkhwa (K-P), in his maiden speech, had vowed to improve governance by setting out clear goals, timelines and key performance indicators for public servants. He was vociferous in declaring that processes would be shortened so that people could see their jobs accomplished within the minimum possible time. As a fallout, many civil servants who were perceived to be hurdles for the promised brave new world were
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Good corporate governance crucial’ amid COVID-19

By Anti-Corruption Digest on Mar 25, 2020 03:15 pm

Peter Meredith, Chairman of the Board of the Great Canadian Gaming Corporation (GCGC), has issued a statement following the rapid escalation of the COVID-19 pandemic across North America.
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Juggling corporate governance with new businesses

By Anti-Corruption Digest on Mar 25, 2020 03:13 pm

Now more than ever, corporate governance and good business practices are very important. We talked to Fahim al Qasimi, a governance advisor empowering boards of directors to set a mandate for their companies and create long term value. He is an advocate for effective governance in startups, corporates and the public sector.
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Africa, Latin America fragile targets for coronavirus spread 

By Anti-Corruption Digest on Mar 25, 2020 03:13 pm

DAKAR, Senegal (AP) — The West African nation of Mali has roughly one ventilator per 1 million people — 20 in all to help the critically ill with respiratory failure. In Peru, with more than 32 million people, about 350 beds in intensive care units exist.
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One Human Body (Coronavirus Reflection) 

By Anti-Corruption Digest on Mar 25, 2020 01:41 pm

Words matter. This is especially true in a crisis. How we talk about the coronavirus impacts how we think and react to this pandemic.
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Coronavirus Job Listings and Money Laundering Schemes 

By Anti-Corruption Digest on Mar 25, 2020 12:49 pm

Criminals never cease to amaze us. If the recent outbreak wasn’t enough to fill your plate, picture yourself tricked into becoming a money mule for scammers feeding off the Covid-19 scare.
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Swedbank pulls ex-CEO’s golden parachute over money-laundering crisis 

By Anti-Corruption Digest on Mar 25, 2020 12:47 pm

Shares in Sweden’s oldest retail bank lost a third of their value last year after the emergence of money-laundering breaches that prompted the dismissal of Bonnesen and much of the board.
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Mexico officially asks Spain to extradite Emilio Lozoya 

By Anti-Corruption Digest on Mar 25, 2020 12:45 pm

The Mexican government, through the Foreign Affairs Ministry, formally asked Spain to extradite Emilio Lozoya Austin to Mexico, so he can face corruption, bribery, and money laundering charges. Lozoya was Pemex director during the Peña Nieto administration.
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When will AI-based AML be friends with European regulators? 

By Anti-Corruption Digest on Mar 25, 2020 12:45 pm

The scale of the problem has been demonstrated by the legislative activity of the European Parliament, which over the past five years has adopted three directives regarding anti-money laundering and terrorism financing.
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South Africa: Former Detective Commander Sentenced for Corruption

By Anti-Corruption Digest on Mar 25, 2020 11:59 am

Mpumalanga — Former police Warrant Officer Nkosana Mpostolie Malinga (51), has been sentenced to five years for corruption by the Evander Regional Court.
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Lawyer Wanyoto petitions court to block money laundering charges against him

By Anti-Corruption Digest on Mar 25, 2020 11:56 am

City lawyer Paul Mugoya Wanyoto has petitioned the High court civil division to block the money laundering charges he is battling in the Anti-Corruption Court.
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Fraud and sex abuse probes in UN peace operations increase 

By Anti-Corruption Digest on Mar 25, 2020 11:55 am

UNITED NATIONS — The U.N.'s internal oversight body says in a report on U.N. peace operations that the number of fraud cases it decided to investigate last year increased nearly 80% from 2018, while the number of sexual exploitation and abuse cases rose 40%.
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Africa Coronavirus Pandemic News

By Anti-Corruption Digest on Mar 25, 2020 11:43 am

Nigerian police arrested a pastor and raided churches as the West African nation stepped up efforts to enforce a ban on large gatherings and contain the spread of the coronavirus.
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Africa registers a massive $29b dent to its economies, and still counting 

By Anti-Corruption Digest on Mar 25, 2020 11:42 am

African countries have so far lost an estimated $29 billion to the coronavirus economic disruption, an amount equal to Uganda’s gross domestic product (GDP), according to UN estimates.
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Could blockchain voting improve elections in Africa?

By Anti-Corruption Digest on Mar 25, 2020 11:40 am

In today’s world, claims of electoral interference and manipulation have caused great mistrust towards many governments. Allegations of voting fraud have been particularly prevalent under dictatorial regimes in Africa. Across the continent, centralized control of the voting process may be part of the problem and in fact, arguably may have caused more harm than good. In light of all these problems, it is worth asking: Could blockchain offer a technical solution to the political skulduggery of vote-rigging and electoral fraud?
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Hackers Target World Health Organization 

By Anti-Corruption Digest on Mar 25, 2020 07:51 am

A hacking organization tried to breach the World Health Organization (WHO) recently, according to a report by Reuters.
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How to Prepare for Cyber Threats Targeting the Olympics 

By Anti-Corruption Digest on Mar 25, 2020 07:50 am

The 2020 Summer Olympics will be one of the most technologically advanced sporting events in history. Spectators won’t just be presented with a series of smart stadiums; they will be presented with one of the most connected cities in the world and a glimpse into how technology will influence future sporting events. Spectators will be able to interact with human support robots or ride in an autonomous taxicab. There will also be a variety of multimedia technologies and digital devices deployed for streaming content, providing viewers around the world with immersive and interactive experiences.
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What practices need to know about cyber insurance 

By Anti-Corruption Digest on Mar 25, 2020 07:48 am

Sohan Dua, MD, got the bad news in a phone call one morning in February 2017: His practice had been hacked.
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Middle East Defense Firms on APT28’s Radar for Cyber Espionage

By Anti-Corruption Digest on Mar 25, 2020 07:46 am

As per Trend Micro’s research, since May 2019, a Russian state-sponsored notorious cyber espionage threat group called Pawn Storm (also known as Fancy Bear or APT28) has been scanning servers for reusing previously compromised emails. The compromised email addresses are used to carry out phishing campaigns, targeted mainly at defense firms from the Middle East with an intent of cyber espionage.
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Cyber attacks in Latin America 

By Anti-Corruption Digest on Mar 25, 2020 07:44 am

Contxto – As the internet opens more doors for us, our information and data open itself to the internet, as well. As a consequence, this makes our personal and business information vulnerable to cyberattacks.
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Cyber security startup Horangi snags US$20m led by Provident Growth

By Anti-Corruption Digest on Mar 25, 2020 07:40 am

CYBER security startup Horangi has raised US$20 million in a Series B round led by Provident Growth, a South-east Asia-focused private equity firm that has backed ride-hailing firm Gojek and travel e-commerce firm Traveloka.
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Coronavirus: What this crisis reveals about US 

By Anti-Corruption Digest on Mar 25, 2020 07:33 am

There are no fresh flowers at the 911 Memorial any more. An American altar usually decorated with roses, carnations and postcard-sized Stars and Stripes is sequestered behind a makeshift plastic railing. Broadway, the "Great White Way", is dark. The subway system is a ghost train. Staten Island ferries keep cutting through the choppy waters of New York harbor, passing Lady Liberty on the way in and out of Lower Manhattan, but hardly any passengers are on board. Times Square, normally such a roiling mass, is almost devoid of people.
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End China’s Chokehold on Pharmaceuticals 

By Anti-Corruption Digest on Mar 25, 2020 07:27 am

hina is the perfect incubator for epidemic contagion. It boasts an understaffed, overwhelmed, and under-resourced healthcare system crushing under the weight of its totalitarian government’s monomaniacal obsession with secrecy and its penchant for self-aggrandizing propaganda. At any given time, it stands precariously perched on the tip of a most delicate homeostasis, and the faintest spark of infectious contagion can cast it hurtling down into the abyss of spectacular pandemonium.
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