Hong Kong-listed Wison Engineering, one of the companies implicated in the graft scandal engulfing China’s oil and gas sector, said authorities have seized the company’s records and frozen its bank accounts.… Continue Reading
The Zambia government has terminated a $210 million closed circuit television camera contract with China’s ZTE because of alleged corruption.
Listing shares internationally often carries unwelcome regulatory and compliance risks. This was recently highlighted by the SFO’s corruption probe into the London-listed Kazakh miner ENRC, shortly to be delisted, as well as probes into Indonesia miner and London-listed Bumi plc, and most recently by the SEC’s investigation of South Africa’s Gold Fields, which has a secondary New York listing.… Continue Reading
When I first read the headline last summer, I thought the article was written by “The Onion.” Titled Marion Barry lectures on ethics during chaotic Council session, it described a mind-blowing D.C.… Continue Reading