Daily Corruption News: 15 May 2012

Croatia: Money troubles raises corruption risk in football
Agence France-Presse

Cizmek said his life started to unravel after his club, Croatia Sesvete, failed to pay his salary, which amounted to roughly 3,000 euros (about $3,900) a month.

Daily Corruption News: 14 May 2012

India: Money-laundering law: Rigorous jail, hefty fines await tax offenders
The Times of India

Tax evaders could be in for trouble as the government is mulling placing tax crimes on a par with money laundering offences that have severe criminal and financial implications.

Daily Corruption News: 11 May 2012

Global: New reporting rules loom for EU resource firms
TrustLaw / Reuters

Anti-corruption law on how EU oil, gas, mining firms and the logging industry report payments to governments could be nearing agreement, following a compromise proposal that tackles industry objections to disclosing individual projects.

Daily Corruption News: 10 May 2012

India: Indian drug regulator accused of corruption and collusion
Bloomberg

India’s top drug regulatory agency violated laws and colluded with pharmaceutical companies to approve medicines without clinical trials, a parliamentary panel said in a report.

Daily Corruption News: 9 May 2012

Global: How corrupt Nigerian politician was brought to justice in the UK
CNN (TI mention)

The arrest of a Nigerian politician who deposited millions of dollars of stolen money in UK accounts has raised questions about the role of British banks in corruption.

Daily Corruption News: 8 May 2012

Libya: Insight: In muddle of Libya's finances, billions go missing
Reuters

Months after rebels brought down the extravagant dictatorship of Muammar Gaddafi, the disarray in Libya's state finances at the end of last year was so bad the new leadership did not know the size of state assets, how their money was being spent, or what had happened to more than $2 billion transferred from the sovereign wealth fund.

Daily Corruption News: 7 May 2012

Portugal: Portugal sell-offs opaque, carry graft risk- study
Reuters (TI mention)

Portugal's privatisation programme - part of its push to comply with the terms of a 78-billion euro bailout from international lenders - is being managed in an opaque fashion that risks stoking already rife corruption, a report warned on Monday.

Daily Corruption News: 4 May 2012

Global: Walmart faces suit over bribery charge
Financial Times

Walmart officials have been sued over alleged bribery and a cover-up in Mexico by Calstrs, the second-largest US public pension fund, which said there had been a “complete breakdown” of corporate governance at the retailer.

Daily Corruption News: 3 May 2012

Greece: Corruption case hits hard in a tough time for Greece
The New York Times

When the authorities detained a former defense minister here last month pending trial, many Greeks found it cause for celebration, a rare case of a “big fish” meeting justice in a political culture widely seen as rife with corruption.

Daily Corruption News: 2 May 2012

Global: Afghan corruption haunts U.S. efforts to cede leadership
Bloomberg

The U.S. is renewing efforts to staunch corruption in Afghanistan by reducing the corrosive effects of the money it’s pouring into the country, a State Department official said.