Daily Corruption News: 17 July 2012

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Posted 17 July 2012

Today's top story

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.



More news

Equatorial Guinea:  UNESCO criticised for Equatorial Guinea-sponsored prize
Reuters (TI mention)

Somalia:  UN warns on graft consequence in Somalia
Financial Times

UK: Sir Mervyn King: Libor fixing bankers committed fraud
Telegraph

USA: Peregrine’s fraud went undetected in two U.S. government reviews
Bloomberg Businessweek



Blogs and opinion

Bangladesh: Bangladesh weighs options after World Bank pulls out of Padma bridge project
The Guardian (TI Mention)



News from Transparency International

Blog: Georgia: Market concentration in pharmaceutical sector drives up prices

Feature: A rare chance to fix the rot in banking





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