The former chief of Indonesia's traffic police is on trial, accused of corruptly amassing houses, land, cars, and even gas stations.
Entries in Egypt (15)
FCPA Blog-sponsor AlixPartners teamed with Dentons to survey multinational companies about their current and future business objectives in Africa.
Oil and gas services firm Tesco Corporation said this week the SEC asked it to 'preserve and retain' documents related to FCPA compliance and its use of commercial agents in an undisclosed country.
Jack Stanley paid his former employer Kellogg, Brown & Root LLC $9.25 million last week as partial restitution for kickbacks he took when he ran the company.
The Arab Spring showed the power of social media and grass-roots transparency.
Does foreign aid cause corruption? It does, mainly by helping corrupt regimes stay in power. And because corrupt regimes are the most unstable, aid also fuels civil unrest.
A by-product of the type of regime changes seen recently in Tunisia and Egypt, and appearing likely in Libya, is a wave of overseas asset traces.
Pre-emptive asset freezes would trigger regime changes and potential shifts in regional balances of power. That's too much blow back for Switzerland or individual countries to risk, unless they're acting according to international norms and expectations.
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. It's inexact but can give clues about what might happen.
A new study found that 83 percent of all deaths caused by collapsing buildings during earthquakes occurred in corrupt countries.