Ethical Alliance Daily News 

United States: Former Insys CEO pleads guilty to opioid kickback scheme
Jan 10, 2019 08:00 pm

The former chief executive of Insys Therapeutics Inc pleaded guilty on Wednesday to participating in a nationwide scheme to bribe doctors to prescribe an addictive opioid medication and has agreed to become a government witness. Michael Babich, who resigned as…

United States: Danske Bank, ex-CEO are sued in US over money laundering scandal
Jan 10, 2019 07:30 pm

Danske Bank A/S and four former top executives were sued on Wednesday by a U.S. shareholder that accused Denmark’s largest bank of defrauding investors and inflating its share price by hiding and failing to stop widespread money laundering at its…

Saudi Arabia: Exclusive: Saudi private jet industry stalls after corruption crackdown
Jan 10, 2019 07:00 pm

A crackdown on corruption in Saudi Arabia has severely dented the kingdom’s private jet industry in a sign of the impact the campaign has had on private enterprise and the wealthy elite. Dozens of planes, owned by individuals and charter…

Malaysia: MACC remands ex-Tourism Malaysia official and CEO over ‘Speedy Gonzales’ deal
Jan 10, 2019 06:30 pm

A former top official of Tourism Malaysia and a chief executive officer of a private firm have been remanded by the Malaysian Anti-Corruption Commission (MACC) for four days over a RM99 million (S$32.65 million) corruption case. Magistrate Irza Zulaika Rohanuddin…

Maldives: Maldivians asked to report on possible graft of prior gov’t
Jan 10, 2019 06:00 pm

The Maldives’ government has asked citizens to report information regarding allegations of corruption and abuse of power during the tenure of the strongman leader defeated in elections last year. The request, in a statement from the president’s office on Wednesday,…

Taiwan: Officials implicated in ‘Asian Silicon Valley’ scandal
Jan 10, 2019 05:30 pm

Three officials, including former Taoyuan Department of Economic Planning director Chu Sung-wei (朱松偉), are being investigated on suspicion of receiving bribes and rigging bids to help companies secure contracts, prosecutors said yesterday. The three have been implicated in a corruption…
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