Did you know…

Did you know…

… that today is the birthday of Britannica.com? In 1999, the Encyclopaedia Britannica website froze as it attempted to handle more than 12 million hits on its inaugural day. The Encyclopaedia Britannica is the oldest continuously published reference work in the English language.


Today’s Inspirational Quote:

“The past is a place of reference, not a place of residence; the past is a place of learning, not a place of living.”

— Roy T. Bennett

Ethical Alliance Daily News 

Ethical Alliance Daily News 

United States: Ex-Credit Suisse banker pocketed $45M in bribes from $2B scheme: Testimony
Oct 18, 2019 08:00 pm

A former Credit Suisse banker described in federal court how he made millions in illegal dealings for his role in a $2 billion loan scheme, according to court papers and reports. Andrew Pearse, a 49-year-old ex-banker for Swiss bank Credit…

Switzerland: Commodities trader Gunvor held criminally liable for corruption
Oct 18, 2019 07:30 pm

The Geneva-based trading company Gunvor has been ordered to pay almost CHF94 million ($94.6 million), including a fine of CHF4 million over bribery in Africa. The commodities trader failed to prevent its employees and agents from bribing public officials between…

United States: Former Pimco chief to plead guilty in U.S. college scam case
Oct 18, 2019 07:00 pm

Douglas Hodge, the former chief executive of the investment firm Pimco, has agreed to plead guilty to participating in what prosecutors say is the largest college admissions scam uncovered in the United States, according to a court filing on Thursday….

China: Former provincial legislator stands trial for bribery
Oct 18, 2019 06:30 pm

Zhang Maocai, a former senior legislator of north China’s Shanxi Province, stood trial Thursday at the Intermediate People’s Court of Zibo City in eastern Shandong Province for taking bribes. Zhang, former vice chairman of the Standing Committee of the Shanxi…

Indonesia: Indonesia’s anti-graft Bill ushered in after deadly protests
Oct 18, 2019 06:00 pm

A controversial law critics say would weaken Indonesia’s anti-corruption agency came into effect Thursday (Oct 17) after it sparked nationwide protests that left at least three students dead and scores injured. The new Bill was introduced as the Southeast Asian…

Tanzania: Tanzania’s anti-graft body arrests 50 cooperative unions officials over suspected fraud
Oct 18, 2019 05:30 pm

Tanzania’s anti-corruption watchdog said on Thursday it was holding 50 cooperative unions officials in connection with misappropriation of some 212,000 U.S. dollars earmarked to pay sunflower farmers in Lindi region. The arrest followed a directive made by President John Magufuli…
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