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Wednesday News Wall 27 July 2016

CORRUPTION A FORMER Chinese government official is facing the death penalty relating to charges of embezzling 350 million yuan (around $52 million) from poor farm workers through a real estate scam. IN ANOTHER Chinese corruption trial, a former general was sentenced to life in prison, stripped of his rank and deprived of political rights in […]

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Friday News Flip 27 May 2016

CORRUPTION A SENIOR Vietnamese police officer suggested that printing lower denomination bank notes would help curb corruption- though his critics point to the impracticality of the suggestion given that the largest bank note in Vietnam is worth around $22. In a similar move, the EU recently announced that it was phasing out the €500 note […]

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Wednesday News Wall 27 April 2016

CORRUPTION THE Kenya government transferred a breathtaking 7,000 procurement and purchasing officials in an attempt to disrupt corruption in state procurement contracts. This is 3 months after the new Public Procurement Act came into effect. The new act puts more power into the hands of procurement professionals rather than the now-defunct procurement boards. ON Monday […]

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Friday News Flip 22 April 2016

CORRUPTION Here’s more on the bribery scandal affecting Australian company Leightons. $15 million was allegedly paid to a Dubai ‘consultant’. Yes…we consultants have a bad name in anti-corruption circles. Former Cabinet Secretary Michael Kamau failed to stop a corruption case against him proceeding. Pakistan’s military has dismissed 2 generals, 3 colonels and a brigadier for […]

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Wednesday News Wall 20 April 2016

CORRUPTION Here is a thoughtful explanation of how the Procurement Act 2015 could help prevent the sort of corruption that led to the NYS and YEF procurement scandals. While on the subject of procurement, this article discusses whether offering citizens a ‘bounty’ for unearthing corruption in government contracts could be a ‘no-lose’ situation. The US […]

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The Sixth Round of Panama Papers Coverage

In the wake of the Panama papers, the UK revenue collection agency (HMRC) is consulting on a possible corporate offence of failure to prevent the criminal facilitation of tax evasion. One immediate problem I foresee is the offence’s remoteness from the actual harm. The corporate body is not being charged as the principal offender (the […]

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Monday News Muse 18 April 2016

CORRUPTION The Machakos Governor has been temporarily rescued from arrest by the Court of Appeal. In a long running saga, the EACC recommended his prosecution, the Governor challenged this in court- and lost. The Director of Public Prosecutions then directed that a warrant of arrest against him be issued. The Governor appealed, and has now […]

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The Latest Round of Panama Papers Coverage

Although anti-money laundering due diligence is supposed to be scrupulous, risk-based and objective, the Panama Papers reveal that Mossack Fonseca may have caved to pressure to accept limited client identification information in order not to lose a top Hong Kong client immersed in a corruption case. The nephew to South African President Jacob Zuma allegedly […]