Author: CorruptionDotNet

Maldives: $6.5 million seized from former president

17 December 2018 A Maldivian court ordered accounts belonging to former president Abdulla Yameen holding $6.5 million to be frozen. Police on Sunday said that he was under investigation for corruption. The accounts are held in Maldives Islamic Bank and the Bank of Maldives. Monetary authority of Maldives has lodged a police complaint about the alleged donations of $1.5 million made into a private account held by Yameen in two suspicious tranches, local media reported. Yameen’s five-year term was marked by the jailing or exiling of all his key rivals most of whom have returned to the country or...

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Global: GRECO’s fight against corruption

The Group of States against Corruption (French: groupe d’États contre la corruption, GRECO), is Europe’s anti-corruption monitoring body. GRECO has 48 European States and the United States of America as members. Membership is not restricted to European states. The OECD, the United Nations, ICPO-Interpol, the European Bank for Reconstruction and Development (EBRD) and the World Bank were associated with the preparatory work leading to the establishment of GRECO. GRECO offers its members a platform for their mutual exchange of experience in the fight against corruption.  GRECO members assist each other in the fight against corruption. The recommendations made by...

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Malaysia: Former FELDA chairman charged with corruption

14 December 2018 During the last term of the Umno government there was rampant corruption in Malaysia. Biggest culprit was the prime minister himself who allegedly filled his pockets with more than $1million from the government funds. As he was corrupt, he was not in a position to check his supporters from plundering the government. Prime minister Mahathir Mohamed’s special advisor Daim Zainuddin said there were many mini 1MDBs at federal and state level throughout Malaysia. Former Federal Land Development Authority (Felda) chairman Tan Sri Mohd Isa Abdul Samad faces a number of charges including criminal breach of trust...

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Malaysia: Former prime minister tampered with the 1MDB audit report.

13 December 2018 Malaysian Anti-Corruption Commission (MACC) has charged former 1MDB executive director Arul Kanda Kandasamy (in the picture above) over his role in the alleged tampering with of the state investment fund’s audit report. He was accused of abetting former prime minister Najib Razak in the offence. The court allowed bail of RM500,000 with one surety. Arul was also told to surrender his passport pending disposal of the case. Former Malaysia prime minister Najib Razak was charged with using his position as prime minister to obtain gratification for himself, to evade any possible disciplinary, civil or criminal action...

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United States: Federal jury convicted Hong Kong businessman of bribery and corruption

6 December 2018 A U.S. federal jury convicted a Hong Kong businessman W, Dr. Chi Ping Patrick Ho  (pictured) of bribing the presidents of two African nations to secure oil rights for a Chinese energy conglomerate, CEFC China Energy. From 2002 to 2007, he was the Secretary for Home Affairs in Hong Kong. After this, he joined a lobbying firm established and funded by CEFC China Energy (CEFC), a Shanghai-based energy company. He has been an advocate for China’s “Belt and Road Initiative”. Ho and former Senegalese foreign minister Cheikh Gadio were arrested in New York in late November...

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