Daily Corruption News: 14 June 2012

Egypt: Finding Mubarak's millions
BBC (TI Mention)

Egyptian officials given the task of recovering billions of dollars believed to have been stolen from the public purse during the Mubarak era are calling on other countries to deliver the help they promised.

Daily Corruption News: 13 June 2012

Global: Wal-Mart bribery review includes India, China
Reuters

Lawyers for Wal-Mart Stores Inc have flagged Brazil, China, India and South Africa in addition to Mexico, as countries that represent the highest corruption risk in a global review, according to a letter from lawmakers investigating the company.

Daily Corruption News: 12 June 2012

Global: New York City pension funds sue Wal-Mart
Associated Press

A group of New York City pension funds is suing current and former Wal-Mart executives, saying they mishandled an alleged bribery scheme at the world's largest retailer.

Daily Corruption News: 11 June 2012

Global: Obstacles mar quest for Arab dictators’ assets
New York Times

Soon after the revolt against Col. Muammar el-Qaddafi began in Libya last year, foreign banks and governments began freezing billions of dollars in assets held by his family and government, just as they had frozen accounts of the toppled governments in Tunisia and Egypt.

Daily Corruption News: 8 June 2012

India: As grain piles up, India’s poor still go hungry
New York Times

In this north Indian village, workers recently dismantled stacks of burned and mildewed rice while flies swarmed nearby over spoiled wheat. Local residents said the rice crop had been sitting along the side of a highway for several years and was now being sent to a distillery to be turned into liquor.

Daily Corruption News: 7 June 2012

Kazakhstan: Oil giants launch bribe probes
The Wall Street Journal

 Kazakhstan's Aksai City, a dusty outpost just across the border from Russia, is a key gateway for energy companies seeking to tap one of the country's richest oil and gas deposits, the Karachaganak field.

Daily Corruption News: 6 June 2012

Global: Corruption in Europe could slow recovery - study
Reuters (TI mention)     

Political and business corruption in Europe, especially in the Mediterranean, could further weaken vulnerable economies struggling to overcome the euro crisis, an international watchdog said on Wednesday.

Daily Corruption News: 5 June 2012

Global: South Africa police probe MTN Iran graft allegations
Reuters

South Africa's elite Hawks police unit has opened an investigation into allegations of corruption at mobile phone giant MTN relating to its purchase of a cellular license in Iran, a police spokesman said on Tuesday.

Daily Corruption News: 4 June 2012

Egypt: Mubarak trial: Dismay in Egypt over those left off the hook
MSNBC

The rise and fall of Egypt’s former President Hosni Mubarak has been a watershed moment for victim’s families, a country in transition and autocratic rulers across the Middle East.

Daily Corruption News: 1 June 2012

Global: At annual meeting, Walmart to confront shareholder unrest
The New York Times

As Wal-Mart celebrates its 50th anniversary at its annual shareholders’ meeting on Friday, the company is expected to face some of the staunchest opposition in years to the continued tenure of several board members and its chief executive, as well as some corporate policies.