What fanned the flames of opposition in 1989 was not so much the desire for democracy as outrage at official corruption. On this score, the party has not done so well.… Continue Reading
Quality Egg LLC is expected to plead guilty Tuesday and pay a $6.8 million fine for selling old and damaged eggs with false labeling that caused a nationwide salmonella outbreak in 2010.… Continue Reading
More than 77,000 foreign banks and other financial institutions agreed to share information about U.S. account holders with the Internal Revenue Service as part of a crackdown on offshore tax evasion, the Treasury Department said Monday.
A Hong Kong court ordered Ernst & Young to hand over audit papers related to a former Chinese client to securities regulators investigating potential accounting irregularities.
Hong Kong’s Securities and Futures Commission (SFC) filed a lawsuit against EY in 2012 following the firm’s refusal to produce audit papers of mainland-based water provider Standard Water Ltd.… Continue Reading
A Brazilian court sentenced football legend Pele’s son Edinho to 33 years in prison Monday for laundering money for drug traffickers.… Continue Reading
A member of the Iran’s parliamentary committee investigating corruption under former President Mahmoud Ahmadinejad’s administration said revealing to the public the extent of the graft would cause a “social shock” and harm the government.… Continue Reading
The C20 (Civil Society 20) Governance Group has issued recommendations for G20 leaders to support economic growth through transparent institutions and enforcement mechanisms that combat foreign bribery.