Daily Corruption News: 17 August 2012

Today's top story

Global: Oracle settles SEC charges over secret India payments
Reuters

Oracle Corp agreed to pay a $2 million fine to settle U.S. Securities and Exchange Commission charges that an India subsidiary secretly set aside money used to make unauthorized payments to phony vendors in that country.

More news

Global: Ex-Morgan Stanley exec gets prison time in bribery case
Reuters

Global: Shareholder sues Wal-Mart to get Mexico bribery documents
Reuters

Myanmar: U.S. companies weigh whether to invest in Myanmar
Wall Street Journal

South Africa: Kaizer Chiefs boss Bobby Motaung faces corruption charges
BBC

Blogs and opinion

Global: We must clean up our act on money laundering
Financial Times

China: China's corrupt food chain
New York Times

News from Transparency International

On the blog: Codes of conduct in action: Common law states
Web feature: Scandals show urgent need for bank reform