Daily Corruption News: 26 July 2012

Global: Mexico fines HSBC $28 million in money laundering investigation
Associated Press

Mexican regulators have levied a $28 million fine against the Mexico subsidiary of London-based HSBC bank for failing to prevent money laundering through accounts at the bank.

Daily Corruption News: 25 July 2012

Mexico: Pena Nieto anti-corruption focus slows Mexican economy overhaul
Bloomberg (opinion)

Two weeks after Enrique Pena Nieto won Mexico’s July 1 presidential election, he unveiled his most pressing priorities for action. The contrast with his pre- election agenda was unmistakable.

Daily Corruption News: 24 July 2012

South Korea: South Korean president apologizes for corruption scandals
The New York Times

President Lee Myung-bak apologized on Tuesday for a string of corruption scandals implicating his relatives and allies that have undermined his political leverage in his last year in office.

Daily Corruption News: 23 July 2012

Global: Bulgaria and Romania test how serious the E.U. is about corruption
International Herald Tribune

Bulgaria and Romania were the subject of scathing reports by the European Commission last week, as the commission again criticized both countries for endemic corruption, weak rule of law and exporting criminal gang activity, especially Bulgaria.

Daily Corruption News: 20 July 2012

South Africa: South Africa's former top cop gets medical parole
Associated Press

South Africa's former police chief, who was sentenced to 15 years in jail for corruption, will be set free on health grounds, the country's prison authorities said Friday.

Daily Corruption News: 19 July 2012

Russia: Russia clamps down on foreign-funded rights groups
Reuters (TI mention)

Russia's parliament on Wednesday passed a law tightening controls on civil rights groups funded from abroad, a measure that foes of President Vladimir Putin say is part of a Kremlin campaign to stifle political opposition.

Daily Corruption News: 18 July 2012

Global: FIFA unveils new crime fighting duo to tackle corruption in soccer
CNN

FIFA has employed a pair of high-profile crimefighters to help tackle corruption in the game, after a wake of scandals that have engulfed soccer's world governing body.

Daily Corruption News: 17 July 2012

Global: OCC let HSBC money laundering problems 'fester' for years: Senate report
Reuters

One of the top U.S. bank regulators drew stinging criticism in a Senate report on Monday for its inability to police widespread and long-term lapses in halting money laundering at HSBC Holdings Plc's U.S. operations.

Daily Corruption News: 16 July 2012

Global: Blatter defends stance on bribes case
Agence France-Presse

FIFA president Sepp Blatter has defended his stance on bribery after Swiss court documents accused his predecessor Joao Havelange of taking bribes.

Daily Corruption News: 13 July 2012

Hong Kong: Hong Kong property tycoons charged with graft
Agence France-Presse

Two of Hong Kong's richest tycoons and a former senior official were charged with corruption on Friday in the biggest graft scandal the regional banking hub has seen.