The week in corruption: 8 stories making the news

The week in corruption: 8 stories making the news

US targets US$1 billion in assets in Malaysian embezzlement case
The New York Times

“A $30.6 million penthouse at the Time Warner Center in Manhattan, overlooking Central Park. A $39 million mansion in the Los Angeles hills. A $17.5 million tear-down in Beverly Hills. Each was bought anonymously, the source of its financing hidden. [...] the [US] Department of Justice charged that these lavish properties were among the more than $1 billion in United States assets bought with money stolen from Malaysia’s sovereign wealth fund by people close to that country’s embattled prime minister, Najib Razak."

Russian Olympic ban upheld, Moscow denounces 'crime against sport'
Reuters

“Sport's highest tribunal rejected on Thursday Russia's appeal against a doping ban for its entire athletics team from the Rio Olympics starting in 15 days' time, drawing swift and angry condemnation from Moscow."

Scandal-hit Petrobras reels as corruption claims persist
Financial Times

“Aggrieved investors in Brazil’s Petrobras have suffered over the past two years as an investigation into the state-run oil company has showed how corrupt former directors spent company funds on everything from art collections to Range Rover Evoques."

Mexico wins: anti-corruption reform approved
Forbes

“Mexico just approved an anti-corruption reform that required changing 14 constitutional articles, drafting 2 new general laws, and reforming five more. This is not minor. The reform is, by far, the most encompassing system to identify and sanction corruption that the country has ever had and its effects will be felt quite soon."

Prominent Belarusian-born journalist Pavel Sheremet killed In Kyiv car blast
RFERL

“Pavel Sheremet, an award-winning journalist whose reporting challenged the authorities in Belarus, Russia, and Ukraine over the past two decades, was killed on July 20 when the car he was driving was destroyed by a bomb in downtown Kyiv."

Top Volkswagen executives accused of fraud in emission scandal
CNN

“Top Volkswagen executives engaged in a "massive fraud" to intentionally sell diesel cars that violated emissions rules, according to a lawsuit filed Tuesday by the New York and Massachusetts attorneys general."

Austria indicts former finance minister for corruption
Bloomberg

“Austria indicted a former finance minister and 15 other people for corruption linked to a 2.45 billion euro ($2.7 billion) sale of state assets."

Corruption in South Africa stunting reforms: IMF
Reuters

“Corruption in South Africa is hampering reforms needed to boost economic growth and greater transparency is needed at state-owned companies, a senior International Monetary Fund (IMF) official said on Tuesday."

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Asylum for Sale: Refugees say some U.N. workers demand bribes for resettlement

A 7-month investigation found reports of UN staff members exploiting refugees desperate for a safe home in a new country. By Journalists for Transparency reporter Sally Hayden. 

The trillion dollar question: the IMF and anti-corruption one year on

The International Monetary Fund (IMF) has made public commitments and adopted a new framework to address corruption - we check how the IMF is progressing with this one year later.

Three years after the Panama Papers: progress on horizon

The explosive Pulitzer Prize-winning global media project known as the "Panama Papers" turned three years old, and there are many reasons to celebrate.

Call for papers: the Global Asset Registry workshop – Paris, July 1-2

ICRICT, the World Inequality Lab project, Tax Justice Network, and Transparency International are co-hosting a workshop to develop the framework for a Global Asset Registry in Paris on July 1-2. The organisers wish to invite original, high-quality papers for presentation.

Troika Laundromat signals a different kind of financial crisis

The Troika Laundromat investigation shines a spotlight on a cast of new and familiar characters in the ongoing saga surrounding flows of dirty money through the world’s financial system.

الأبعاد الخطيرة للتعديلات الدستورية المقترحة في مصر

يتأهب نواب البرلمان المصري للمصادقة على سلسلة من التعديلات الدستورية، التي ستؤدي في حال تمريرها إلى ترسيخ مزيد من السلطة بيد الرئيس، وتنصيب الجيش مجددا كأعلى سلطة في البلاد.

The alarming message of Egypt’s constitutional amendments

Parliamentarians in Egypt look set to approve a series of constitutional amendments this week that, if passed, would consolidate power in the office of the president, while restoring the military as the ultimate authority in the country.

Восточная Европа и Центральная Азия: слабая система сдержек и противовесов

Индекс восприятия коррупции (ИВК) за этот год представляет печальную картину касательно мер по борьбе с коррупцией в Восточной Европе и Центральной Азии. За несколько лет в этом регионе был достигнут очень незначительный прогресс в борьбе с коррупцией.

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