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Daily Corruption News: 2 July 2012

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Posted 2 July 2012

Today's top story

UK: Barclays chairman quits over rate-fixing scandal
Reuters

Barclays Plc sacrificed its chairman Marcus Agius over an interest rate rigging scandal that has dealt "a devastating blow" to the bank's reputation, apparently seeking to defuse calls for chief executive Bob Diamond to go.



More news

Global: World Bank cancels $1.2 billion Bangladesh loan
The Wall Street Journal (TI mention)

Global: Ex-Citigroup executive gets 8 years for embezzlement
Bloomberg Businessweek

Mexico: Mexico's old rulers claim presidential election victory
Associated Press

Tunisia: Tunisia’s anti-corruption minister quits
Financial Times

USA: Peter Madoff pleads guilty to aiding brother's Ponzi scheme in plea deal
The Guardian



Blogs and opinion

Global: 'In corrupt systems, decent people have two options: conform or be crushed'
The Guardian



News from Transparency International

News: Banking scandal exposes weak corporate governance

Web feature: Are we there yet? The World Bank's anti-corruption record





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