Reacting against the Magnitsky Act signed into law by President Obama last week, Russian President Vladimir Putin said the Kremlin should ban adoption of Russian babies by Americans.… Continue Reading
First we looked at the corruption perceptions index ranking of the top 25 oil producing countries.
Then we looked at gold producers.
1) Brazil (69)
2) Vietnam (123)
3) Colombia (94)
4) Indonesia (118)
5) India (94)
6) Ethiopia (113)
7) Honduras (133)
8) Peru (83)
9) Guatemala (113)
10) Mexico (105)
* * *
Their average rank on the CPI is 105, much worse than the gold producers at 88, and the oil producers at 90.… Continue Reading
At a hearing last week before a federal judge in Argentina, Siemens’ former CFO there said a request by the United States to extradite him on FCPA charges should be denied.… Continue Reading
Gift-giving legislation for Brazil can be found in (1) the “Code of Conduct for the Senior Government Officers at the Federal executive branch, Article 9; (2) the Law No. 8429, or “Law of Administrative Probity”, Chapter II, Section I, Article 9, I; and in (3) Decree No 1171, or “Code of Professional Ethics for Civil Servants of the Federal Executive”, Annex, Chapter I, Section III – Prohibitions of Civil Servants, part “g”.… Continue Reading
Countries rich in natural resources are often corrupt, or so it seems.
Yesterday we looked at the top oil producing nations.
Finland: Six employees of Finnish firm Patria charged with bribery, espionage
Six employees of Finnish defense group Patria were charged December 18 with bribery and corporate espionage in connection with a Slovenian defense contract for armored vehicles, Finnish prosecutors said.… Continue Reading