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…
Read More   

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…
Read More   

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….
Read More   

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…
Read More   

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…
Read More   

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…
Read More   
Join the conversation, follow us:
Copyright © 2019 Ethical Alliance, by ethiXbase, All rights reserved.
You are receiving this email because you opted in to the Ethical Alliance Daily.

Our mailing address is:
Ethical Alliance by ethiXbase
151 Chin Swee Road
#02-20 Manhattan House
Singapore 169876
Singapore