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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Bill Steinman
Contributing Editor

Hong Kong party asks for probe of $6 million payment to Leung

Leung Chun-ying, Hong Kong’s 3rd Chief ExecutiveHong Kong’s Democratic Party said Thursday it has asked the independent anti-corruption agency to investigate the territory’s leader over a $6.4 million payment he collected from an Australian engineering company while in office.… Continue Reading

BHP ‘in discussions’ for FCPA settlement

BHP Billiton is in discussions to resolve an investigation of potential Foreign Corrupt Practices Act violations that relate to the company’s sponsorship of the 2008 Beijing Olympics.

The world’s largest miner said in its annual report Thursday, “The issues relate primarily to matters in connection with previously terminated exploration and development efforts, as well as hospitality provided as part of the company’s sponsorship of the 2008 Beijing Olympics.”

“The group is currently discussing a potential resolution of the matter,” it said.… Continue Reading

Report: Leighton Holdings internal emails discuss huge Iraq bribes

Internal emails leaked from Australia’s Leighton Holdings warn that a $24 million “facilitation payment” linked to a 2010 Iraq contract would “attract attention” from auditors.

Other emails talk about plans by senior employees to make payments to “friends” in the ­Middle East and to inflate and backdate contracts to win work in Iraq, the Financial Review reported Monday.… Continue Reading

Chief of Aussie miner quits after Hong Kong bribe conviction

The chief executive of Australia-listed Brockman Mining resigned last week after he was convicted in Hong Kong of taking a bribe.

Peter Luk was convicted by the district court in Hong Kong on August 5 of offenses under the Prevention of Bribery Ordinance and the Crime Ordinance.… Continue Reading

From Oz, a proposal to limit directors’ duties

The Age reported from Australia last week that the government may change existing laws to create a “safe harbor” to shield company directors from prosecution.

The Australian Institute of Company Directors (AICD) — “a group representing Australia’s most powerful boardrooms” — made a proposal “to water down the Corporations Act and ASIC Act,” the Age said.… Continue Reading

Australia clamps ‘embarrassing’ gag order on global banknote bribe case

Wikileaks Tuesday released what it said is “an unprecedented Australian censorship order concerning a multi-million dollar corruption case explicitly naming the current and past heads of state of Indonesia, Malaysia and Vietnam, their relatives and other senior officials.”

The gag order follows the secret indictment on June 19, 2014 of seven senior executives from subsidiaries of Australia’s central bank, the Reserve Bank of Australia (RBA), Wikileaks said.… Continue Reading

The corruption within us

Yang Hengjun is a China-born writer now based in Australia. His Chinese language blog is featured on major Chinese current affairs and international relations sites and his posts are read by millions.… Continue Reading