Daily Corruption News: 7 August 2012

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Posted 7 August 2012

Today's top story

Global: Standard Chartered shares trade sharply lower following US allegations of money laundering
Associated Press

Standard Chartered PLC saw around 8 billion pounds ($12.5 billion) wiped off its market value Tuesday after the New York state regulator accused the U.K. bank of being involved in laundering money for Iran, dealing a further blow to the City of London's reputation as a financial centre.



More news

Australia: Blood on the racetrack: gangs and corruption in racing
The Bureau of Investigative Journalism

Brazil: Defense in Brazil corruption trial rejects charges
Agence France-Presse

Republic of Congo: Congo opposition denounces 'election fraud'
Agence France-Presse

UK: Journalist, policeman arrested in News Corp. bribes probe
Bloomberg



Blogs and opinion

Global: France has finally got tough on corruption by seizing a dictator's Paris mansion
The Guardian (TI mention)

China: Focus on China: operating responsibly in emerging markets
The Guardian (TI mention)



News from Transparency International

On the blog: Uganda’s police is up for a new challenge: to handcuff corruption
Web feature: Scandals show urgent need for bank reform





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