Shigeru Echigo, a former salesman at Deutsche Bank in Tokyo, has admitted to bribery charges, but he says he was only following orders from his superiors.
International laws vary as to which persons are of most interest to regulators in their anti-money laundering and bribery rules. This makes creating a list of politically exposed persons a difficult task -- even if a critical one.
Local officials in China have been accused of blocking petitioners who flocked to a hotel in central China’s city of Zhengzhou seeking to meet inspectors from the Central Commission for Discipline Inspection (CCDI) to report on corruption.
Russian opposition leader and anti-corruption blogger Alexei Navalny was convicted of libel Tuesday and could be sent to prison.
Indonesia's Corruption Eradication Commission (KPK) Tuesday named the director of the Home Affairs Ministry as a suspect in an investigation into corruption in the nation’s e-KTP (electronic identity) card program.
The European Council and Parliament passed a new law on April 15 to force about 6,000 EU companies to disclose information about environmental compliance, human rights, bribery and corruption.
The U.S. Treasury Department announced its settlement with the Dutch company CWT B.V., fining it nearly $6 million for apparent violations of U.S. trade sanctions against Cuba.
Election officials in India since March have seized $36 million in cash, about 700,000 gallons of alcohol, and 220 pounds of heroin intended to buy votes for the ongoing 2014 election.
Song Lin, the chairman of state-controlled China Resources, was fired Sunday for "suspected serious violations of discipline and law violations."
A pending case -- largely ignored by the compliance profession and the press -- brings before the courts one of the most troubling issues of the Wal-Mart investigation: Was the Wal-Mart Board of Directors misled during 2005-2012 regarding an alleged Mexican bribery scheme and subsequent cover-up? If so, was that due to intentional misconduct by some directors or senior executives reporting to the Board who either participated in or knew about the purported scheme?