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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
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

Singapore anti-corruption official jailed for stealing public funds

A senior anti-corruption who ran up gambling debts at Singapore’s two casino resorts was sentenced to ten years in prison after confessing to stealing nearly $1.4 million in public funds.

Edwin Yeo, 39, an assistant director in the Corrupt Practices Investigation Bureau, pleaded guilty Thursday to criminal breach of trust and forgery.… Continue Reading

The plunder of foreign aid

“A little more than forty years ago, an observation was made that foreign aid was aid from the poor people of the rich countries to the rich people of the poor countries.… Continue Reading

Graft Buster Enters French Politics

Eva Joly, a Norwegian-born former French magistrate, is running for the French presidency under the Green Party banner.

She became famous across Europe for being a fearless anti-corruption campaigner, even taking on former minister Bernard Tapie and Crédit Lyonnais bank.… Continue Reading

The Enforcement Gap

By Nancy Z. Boswell and Robert N. Walton, Transparency International-USA

Transparency International’s sixth annual report on enforcement of the OECD Anti-Bribery Convention, released last week, paints a mixed picture. On the positive side, it shows active enforcement in seven of the 36 countries evaluated, including the U.S,… Continue Reading

A Prince Of Persia

Iran has all the ingredients to be an FCPA minefield. It’s big — 66 million people in an area about the size of Alaska — and it’s the world’s 6th largest oil producer.… Continue Reading

Siemens Announces €1 Billion Reserve

Siemens AG said yesterday that it has reserved €1 billion in fiscal 2008 “in connection with the settlement being sought by the company and with authorities in Germany and the United States.”… Continue Reading

Trouble For Siemens In South America

Scandal-plagued Siemens now faces possible charges of public corruption in Argentina. Police in Buenos Aires raided Siemens’ office there in connection with a bribery investigation. The United States, Greece, Italy, China, Hungary, Indonesia and Norway are also investigating whether Siemens broke anti-corruption laws.… Continue Reading

Siemens Discloses More Details About Corruption Investigations

€1.3 Billion In Questionable Payments Have Been Found; Investigations Involve Multiple Divisions and Countries; Oil-For-Food Program Is Also Involved

Siemens AG’s November 8, 2007 earnings release for Fiscal Year 2007 and a separate document called “Legal Proceedings” disclosed the most comprehensive information yet about corruption prosecutions and ongoing investigations involving the German industrial conglomerate.… Continue Reading