Anti-Corruption Daily Newsletter for 09/04/2020


The new home of the FCPA Newswire edited by Mike Kenealy
Anti Corruption Digest is the most comprehensive source for global risk & compliance related news, insights, and best practices.Readers are welcome to research the Anti Corruption Digest’s curated database of over fifteen thousand risk and compliance related articles, offer comments on any article as well as submit material for publication.
 Below are some recent stories from the Anti-Corruption Digest
 He fought corruption in Russia. ICE wants to deport him. By Anti-Corruption Digest on Sep 04, 2020 09:49 am
A Russian national living in California with his American family is now facing deportation from the U.S. due to what experts say is a politically motivated request by Russia for his arrest — one of a number of cases in which U.S. immigration authorities have relied on such a request for prolonged detention and so-called backdoor extraditions.
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US eyes sanctions on Belarusians for election fraud, violence vs protesters By Anti-Corruption Digest on Sep 04, 2020 09:46 am
WASHINGTON — The United States is considering imposing sanctions on seven Belarusians it believes were involved in falsifying the results of the Aug. 9 election and in violence against peaceful protesters, a senior State Department official said on Tuesday.
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Chinese national arrested in U.S. probe of possible transfer of software to ChinaBy Anti-Corruption Digest on Sep 04, 2020 09:44 am
WASHINGTON (Reuters) – A Chinese national who is a researcher at a California university was arrested and charged with destroying a computer hard drive during an FBI investigation into the possible transfer of sensitive software to China, the U.S. Justice Department said on Friday.
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US wholesalers and retailers handed ‘unprecedented’ $10m fine for unfair tradingBy Anti-Corruption Digest on Sep 04, 2020 09:41 am
The two wholesalers, Allied Beverage Group and Fedway Associates, who together account for around 70% of wine and 80% of all spirits sold at wholesale across New Jersey, were found to have unfairly favoured their largest retail customers. It came after a two-year investigation by the Division of Alcoholic Beverage Control (ABC) Enforcement and Investigations Bureaus. They were ordered to pay fines of $4m each, with twenty of their retail customers also being fined a total of $2.3m or between $90,000 – $375,000 each for participating in the unfair practise.
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US sanctions ICC officials over probe into alleged war crimesBy Anti-Corruption Digest on Sep 04, 2020 09:39 am
The United States of America has imposed sanctions on International Criminal Court (ICC) prosecutor Fatou Bensouda, over her investigation into whether the American forces committed war crimes in Afghanistan, US State Secretary Mike Pompeo said on September 2. In addition, Phakiso Mochochoko, the head of ICC Jurisdiction Complementary and Cooperation Division has also been blacklisted.
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COVID-19: Trends in money laundering and terrorism financingBy Anti-Corruption Digest on Sep 04, 2020 09:30 am
The Committee, which specialises in measures to tackle money laundering and terrorist financing, focuses in its new report on threats, vulnerabilities and best practices. The aim is to assist policymakers, practitioners and the private sector in applying a more targeted and effective response to the money laundering and terrorist financing risks in Europe.
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AMLC, DOF boost links to foil money launderingBy Anti-Corruption Digest on Sep 04, 2020 09:27 am
The country’s top financial intelligence unit is beefing up ties with other government agencies, especially in terms of information sharing, in a bid to strengthen efforts against money laundering and terro­rist financing.
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How open source can help banks combat fraud and money laundering By Anti-Corruption Digest on Sep 04, 2020 09:25 am
Compliance with anti-money laundering and fraud standards, laws, and regulations is a familiar topic to financial institutions. After all, some of the rules and processes banks have had to deal with go back 20, 30, or even 40 years, including:
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Here’s why Bitcoin is automatically FCA compliant By Anti-Corruption Digest on Sep 04, 2020 09:24 am
U.K. regulator Financial Conduct Authority (FCA) recently proposed that digital currency exchanges and wallets should abide by their annual financial crime reporting obligations. The FCA made this announcement in its ‘Extension of Annual Financial Crime Reporting Obligation” consultation paper, in which it proposed that more firms should be required to report.
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 A former official fires a legal missile at Mexico’s political class By Anti-Corruption Digest on Sep 04, 2020 09:10 am
One of the rituals of Mexican politics is for a president to begin his term by locking up a supposed miscreant from the previous administration. Four of the six presidents from 1982 to 2018 did that. They incarcerated two union leaders, a former president’s brother and the head of Pemex, the state oil company. They presented these as giant
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Compliance Tips Amid Rising Fraud Risk In Latin America By Anti-Corruption Digest on Sep 04, 2020 09:07 am
As the coronavirus continues to ravage many Latin American countries, the influx of emergency funding and aid for health-related projects presents serious corruption and other compliance risks, which are compounded by daunting circumstances that often involve less transparency and weaker procurement controls.
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Lead prosecutor quits Brazil’s ‘Lava Jato’ probe By Anti-Corruption Digest on Sep 04, 2020 09:05 am
The lead prosecutor in Brazil’s long-running Lava Jato corruption probe on Tuesday quit the investigation after coming under increasing attack from officials close to the Jair Bolsonaro administration. The departure of Deltan Dallagnol from the anti-corruption task force in the southern city of Curitiba raises fresh questions about the future of the
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Mexico’s Former President Accused in Bribery Scandal By Anti-Corruption Digest on Sep 04, 2020 09:04 am
MEXICO CITY — For Mexicans, the news is disturbing — and disturbingly familiar. A key witness in a major corruption case has accused former President Enrique Peña Nieto of directing bribes to fund his presidential campaign.
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‘Wisdom’ of Guatemala’s indigenous people needed for sustainable developmentBy Anti-Corruption Digest on Sep 04, 2020 09:02 am
This wisdom is passed down to us through stories and spirits. Consider the example of Nawal, a supernatural spirit of harvests that can take on animal forms, according to Mesoamerican beliefs. On certain days in the indigenous calendar, people call on Nawal for a good harvest. It is a fine thing to have one good harvest. It is even better for
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Man delivered £1 million to Bradford firm at centre of money laundering scheme By Anti-Corruption Digest on Sep 04, 2020 08:57 am
A man who delivered a million pounds in cash to a Bradford jewellery business at the centre of a massive money laundering scheme has been spared an immediate prison sentence.
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UK businesses hardest hit financially by fallout from cyber attacksBy Anti-Corruption Digest on Sep 04, 2020 08:55 am
The firm’s annual Cyber readiness report highlights the vertical markets across the UK, the US, Spain, Germany, France, Belgium, Ireland and the Netherlands that are considered highest risk of falling victim to cyber attacks.
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Rolls-Royce claims breakthroughs in artificial intelligence ethics and trustworthiness By Anti-Corruption Digest on Sep 04, 2020 08:52 am
Engineering giant Rolls-Royce has said it has made breakthroughs which it believes will help gain society’s trust of the use of artificial intelligence (AI).
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FBI investigates deaths of mining executives in UK corruption probe By Anti-Corruption Digest on Sep 04, 2020 08:47 am
The FBI is investigating the deaths of two former mining executives who British prosecutors saw as potential witnesses in one of the UK’s biggest corruption probes. James Bethel, 44, and Gerrit Strydom, 45, were found dead at a motel in Springfield, Missouri, in May 2015, when the two were on a road trip across the US. Until shortly before their deaths, the men had held senior positions in the African division of Eurasian Natural Resources Corporation, a mining group that is at the centre of a seven-year
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France launches €100 billion stimulus plan to avoid ‘economic collapse.’ It may even help Macron get re-electedBy Anti-Corruption Digest on Sep 04, 2020 08:45 am
The French government on Thursday announced a new stimulus plan for a total of €100 billion ($120 billion) designed to take the economy out of the COVID-19 doldrums and limit the massive rise of unemployment, which officials admitted would top 10% of the population next year.
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Saudi king removes commander of Yemen forces over corruption claims By Anti-Corruption Digest on Sep 04, 2020 08:38 am
Saudi Arabia’s King Salman dismissed Prince Fahd bin Turki bin Abdulaziz, the commander of the coalition fighting in Yemen, from his post on Tuesday over charges of corruption, state media said.
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King Salman issues decree sacking commander of Yemen forces, Jouf deputy governor over corruptionBy Anti-Corruption Digest on Sep 04, 2020 08:37 am
RIYADH: King Salman has issued a royal decree ordering the sacking of Saudi Commander of the Joint Forces in Yemen Lt. Gen. Fahad bin Turki bin Abdul Aziz and the launch of a probe into corruption.
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UAE makes significant progress in combating money laundering and terror funding By Anti-Corruption Digest on Sep 04, 2020 08:35 am
Dubai: In its continuing efforts to strengthen the UAE’s Anti Money Laundering and Counter Terrorist Financing (AML/CFT) framework, the National Committee for Combating Money Laundering and the Financing of Terrorism and Illegal Organisations (NAMLCFTC) held its sixth meeting for the year on August 31 2020.
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Saudi Arabia sacks military leader amid corruption probe By Anti-Corruption Digest on Sep 04, 2020 08:34 am
The Saudi military commander leading the kingdom’s war in Yemen was removed from his position and placed under investigation on Tuesday, along with his son and other defense ministry officers.
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95% of Saudi businesses hit by cyber attack in the past year By Anti-Corruption Digest on Sep 04, 2020 08:33 am
Ninety five per cent of businesses in Saudi Arabia have experienced at least one business impacting cyber attack in the past 12 months, according to a new industry report.
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Police seize Melbourne property in international corruption caseBy Anti-Corruption Digest on Sep 04, 2020 08:32 am
Federal police have seized properties and cash worth $1.6 million over an alleged scheme to use the Melbourne property market to funnel millions of dollars of funds from a Malaysian government entity to corrupt officials.
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‘Sigurado ‘yan’: Incoming PhilHealth chief vows to end corruption in agency in 2 yearsBy Anti-Corruption Digest on Sep 04, 2020 08:19 am
Incoming Philippine Health Insurance Corporation (PhilHealth) chief Dante Gierran, who admitted to knowing nothing about public health, vowed to end corruption in the embattled agency in two years.
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Herbalife’s China Bribery Scheme By Anti-Corruption Digest on Sep 04, 2020 08:17 am
Herbalife’s bribery scheme in China stretched across the 28 provinces of China and even involved an Herbalife senior executive in its headquarters in Los Angeles, California.  DOJ has indicted Yangling Li, aka Jerry Li, and Hongwei Yang, aka Mary Yang, two Chinese nationals who carried out the scheme.
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Najib’s Key Contractor In China Just Fell Off A Tall Building. Why? By Anti-Corruption Digest on Sep 04, 2020 08:15 am
An extensive report in the Asia Sentinel has unveiled the background to the latest ‘Corporate Suicide’ in China.
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Hyderabad: 1.5kg gold recovered from officer who accepted bribe By Anti-Corruption Digest on Sep 04, 2020 08:14 am
Hyderabad: The case of a state government officer taking the biggest bribe in recent memory – Rs 12.5 million – has further deepened with the Anti Corruption Bureau (ACB) recovering 1.5 kgs of gold ornaments from a bank locker.
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SWIFT Details How Cyber Criminals Encash Stolen FundsBy Anti-Corruption Digest on Sep 04, 2020 08:13 am
In a new report, SWIFT and BAE Systems reveal how cyber attackers launder money and ‘cash out’ following large-scale heists.
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