News and commentary about white-collar crime, enforcement, and compliance
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
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
President Obama cancelled his visit to Southeast Asia last week — something about a budget stalemate and government shutdown. Lost was a chance for face time with the leaders of Malaysia, Indonesia, and the Philippines.… Continue Reading
From the Asia Sentinel (September 17, 2013):
“Details started to leak two months ago concerning the vast wealth that businesswoman Janet Lim Napoles had amassed including reportedly 28 houses and a US$2 million condominium in Los Angeles as well as cars, watches and an array of luxury items.… Continue Reading
Indonesia’s Corruption Eradication Commission (KPK) is a winner of this year’s Ramon Magsaysay Award for its ‘relentless and successful’ campaign against corruption.
The Manila-based Ramon Magsaysay Award Foundation confers what’s often called the ‘Asian Nobel Prize.’… Continue Reading
In editorials directly addressing Bureau of Internal Revenue Commissioner Kim Henares, two Philippines-based journalists urged the government to exercise “extreme caution” before entertaining a contract bid from Chinese laser technology company Huagong Tech Company Ltd.… Continue Reading
Wynn Resorts Ltd said Sunday its board asked a director to resign and already redeemed his 20% stake in the company after an internal investigation found numerous violations by him of the Foreign Corrupt Practices Act.… Continue Reading
President Obama meets tomorrow on Bali, Indonesia with the heads of state from ASEAN — the Association of Southeast Asian Nations.
ASEAN hasn’t been effective in spreading free trade and investment across the region.… Continue Reading
In its quarterly report filed with the SEC last week, pharma giant Pfizer Inc said it has reached agreement in principle with the SEC and DOJ to resolve ‘improper payment’ matters outside the United States.… Continue Reading
More than half the journalists murdered in the line of duty were working to expose corruption.
“Murder, after all, is the ultimate form of censorship,” wrote Robert Mahoney, deputy director of the Committee to Protect Journalists (CPJ).… Continue Reading
Predicting what leaders will fall from power is never easy, even for the pros (“Who lost Iran?).
But a quick test for stability is to check how long the leader has hung on, and how corrupt his or her country is perceived to be by the rest of the world.… Continue Reading
As reported Friday, one of the 22 shot-show defendants, Daniel Alvirez, is expected to plead guilty soon to charges of conspiracy to violate the Foreign Corrupt Practices Act. The government’s two-count superseding information alleged that he plotted to bribe defense officials in Africa and the Republic of Georgia.… Continue Reading
Will drug makers be the target of the next industry-wide Foreign Corrupt Practices Act investigation, following in the footsteps of the oil and gas services companies and orthopedic device makers? It’s possible.… Continue Reading
Anti-corruption journalists in the Philippines are under siege. Two were killed in the same week this month. The latest victim was newspaper commentator Antonio Castillo. He was shot on June 12 by two gunmen on a motorcycle in the central Philippines town of Uson, according to the Center for Media Freedom and Responsibility.… Continue Reading