California-based life science company Bio-Rad Laboratories agreed Monday to pay a total of $55 million to settle DOJ and SEC allegations that subsidiaries made improper payments to foreign officials in Russia, Vietnam, and Thailand to win business.… Continue Reading
Posts Tagged: Thailand
New Metropolitan Police Bureau (MPB) commissioner Sriwara Rangsipramkul has stopped a week-old campaign in which traffic police could earn rewards of 10,000 baht ($306) for arresting people who offered them a bribe.… Continue Reading
Kentucky-based General Cable Corporation said in an SEC filing Monday that it is investigating “certain commission payments involving sales to customers” in Angola, and the way the payments were reflected in the company’s books and records.… Continue Reading
Thailand’s National Anti-Corruption Commission voted 7-0 Thursday to recommend that the Senate impeach Prime Minister Yingluck Shinawatra over her handling of a rice subsidy scheme.
Thailand’s anti-corruption body said Tuesday it filed charges against Prime Minister Yingluck Shinawatra for irregularities in the government’s rice-buying scheme.… Continue Reading
A new ad from Thailand takes a hard stand against corruption. So hard, in fact, that some are saying it’s like bad propaganda from Nazi-era Germany.
China walked away from a deal to buy 1.2 million tonnes of rice from Thailand after Thai authorities launched a corruption probe into a controversial subsidy to rice farmers.
Thailand’s commerce minister told reporters Tuesday that China lacked confidence in the arrangement after the National Anti-Corruption Commission in Thailand began to investigate the country’s rice-buying scheme.… Continue Reading
A U.S. Foreign Service Officer who was posted in Vietnam admitted accepting more than $3 million in bribes to process visas for entry into the United States, the DOJ said.
Michael T.… Continue Reading
The International Finance Corporation and the World Bank released their new Doing Business Index this week. It’s the 11th annual report measuring business regulations for local firms — how easy or hard it is to do business in the countries surveyed.… Continue Reading
Malawi’s Director of Public Prosecutions said he has a blank check to pursue officials implicated in the so-called ‘cashgate’ scandal in which millions of dollars are missing from government accounts.… Continue Reading
Reporting corruption in Thailand just got easier with the roll out of a Thai version of a website and smartphone app.
Although a quarter of all Thais say they have to pay bribes at least once a year, the government’s Public Sector Anti-Corruption Commission (PACC) said it only receives about 4,000 complaints a year through its telephone hotline, website and walk-in center.… Continue Reading