On July 17, Wang Wenzhi, chief correspondent at the Economic Information Daily, used his verified Weibo account to expose the Chairman of state-owned China Resources Holdings, also known as Huarun Group, for allegedly stealing state-owned assets worth billions of Yuan.… Continue Reading
An investigation by Canada’s The Globe and Mail and CBC News has uncovered more dirt on troubled engineering giant, SNC-Lavalin. The investigation uncovered secret accounting codes that had been used for years to indicate bribes for contracts in Asia and Africa.… Continue Reading
Illegal logging is a $10 billion business, according to Interpol, and is falling into the clutches of organized crime.
To fight the illegal timber trade, the EU enacted legislation this month that binds all 27 member states to regulate anyone who buys or sells timber and timber products for the commercial market in the EU.… Continue Reading
Transparency International has just released an analysis of defense corruption risks — the first of its kind for the defense sector.
The ‘Government Defense Anti-Corruption Index’ covers 82 countries accounting for 92% of worldwide defense spending.… Continue Reading
In 2010, Christine Lagarde, then the Finance Minister of France, handed her Greek counterpart Giorgos Papakonstantinou a list of about 2,000 Greek citizens with large deposits in the Geneva branch of HSBC.… Continue Reading
The Azeri prosecutor-general recently began a corruption investigation against Gular Ahmadova, a member of parliament from Azerbaijan’s ruling Yeni Azerbaijan party, after a video surfaced on YouTube showing her negotiating the sale of a parliamentary seat.… Continue Reading