Author: CorruptionDotNet

Malaysia: Corruption extends to Canada

20 April 2018 Bruno-Manser-Fonds, a Swiss non-profit organisation sued Royal Bank of Canada, Toronto-Dominion Bank, Manulife Financial Corp. and Deloitte & Touche for information about the flow of money into a Canadian real estate company, Sakto. Bruno-Manser-Fonds is seeking the information to gauge whether there are grounds for a criminal case against the real estate group. Ottawa-based real estate company Sakto Group has a real estate empire estimated at $204 million. Bruno-Manser-Fonds alleges that the real estate company received $24 million from Sarawak Governor Abdul Mahmud Taib’s family for its expansion. The lawsuit was unsealed this week by an...

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USA: FBI raids the office of Trump’s personal lawyer.

12 April 2018 The FBI agents who raided the office of President Donald Trump’s personal lawyer, Michael Cohen, on Monday. They were looking for evidence of payments to two women who claim they had affairs with Mr Trump. One is Karen McDougal, an ex-Playboy model who claims she had a year-long affair with Mr Trump in 2006. The other is Stephanie Clifford, also known as Stormy Daniels, who says she also had sex with Mr Trump while he was married. American Media Inc paid Ms McDougal, former Playboy playmate, $150,000. The chief executive of American Media Inc is a...

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Brazil: Will former President’s jail term end corruption?

11 April 2018 Brazil’s former president Luiz Inacio Lula da Silva was sent to jail on Saturday. While he was in office he was one of the most popular politicians in the history of Brazil. After leaving office he ran for president three times unsuccessfully. He was planning to run for presidency in the 2018 elections. Despite his large lead in opinion polls, he will not be able to contest the election because of his imprisonment. He was sentenced by crusading judge Sergio Moro to nine years in prison. An appeals court upheld and extended the sentence to 12...

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South Korea: Former president indicted for corruption.

9 April 2018 Former South Korean president Lee Myung-bak was indicted for corruption Monday (9 April 2018). He served as President of South Korea from 2008 to 2013. Before that, he was the CEO of Hyundai Engineering and Construction, as well as the mayor of Seoul from 1 July 2002, to 30 June 2006. He was charged with bribery, power abuse, embezzlement, and tax evasion, state prosecutors said in a statement. Yonhap news agency reported. Prosecutors alleged that he accepted a total of $10.2 million in bribes between late 2007 and 2012. It was claimed that he gave a...

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China: Death sentence for bribery

28 March 2018 Zhang Zhongsheng, former vice-mayor of the city of Luliang in the coal-rich province of Shanxi, was handed down a death sentence for taking more than $160 million in bribes. He earned the nick name of godfather because of his influence and power in the city of Luliang. According to Xinhua the court noted while sentencing that Zhang had shown “extreme” greed in taking bribes. The court ordered confiscation of his personal assets. The punishment is considered unusually harsh for economic crimes. It is meant to be a warning for other officials. Eventually the death sentence may...

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