Daily Corruption News: 5 July 2012

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Posted 5 July 2012

Today's top story

UK: Libor probe, SIPC suit, bank resolution plans: compliance
Bloomberg

Barclays Plc (BCS) saved itself 25.5 million pounds ($40 million) in fines by moving first to settle a probe over the rigging of global interest rates. In return, it has lost three top executives, $5 billion of market value and sparked a government inquiry.



More news

Afghanistan: As foreign aid dries up, Afghan NGOs fight to survive
Reuters (TI mention)

France: France finds it hard to shed corrupt image
BBC

Indonesia: Jakarta Election: Candidates get contributions from ‘dubious donors’
The Jakarta Post

UK: Operation Elveden: three arrested over alleged corrupt payments
The Guardian

USA: Ex-senator seeks redemption
The Wall Street Journal



Blogs and opinion

Global: GlaxoSmithKline's bribes are evidence that Big Pharma isn't working
The Guardian

Mongolia: Mongolia’s task: avoid Nigerian resource curse
Reuters

Russia: From beyond the grave
The Economist



News from Transparency International

Web feature: Half of Spain’s provincial authorities fail the transparency test

Coming soon: How transparent are the world's biggest  companies?





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