Tag - corruption

 
 

CORRUPTION

BUSINESS
Dec 6, 2015
Pursuing transparency, Vatican orders external audit of assets
The Vatican said Saturday it had ordered the first external audit of its assets as part of a drive by Pope Francis to bring transparency to its finances where millions of euros have gone unrecorded without any central oversight.
WORLD
Dec 5, 2015
Malaysia's anti-graft agency questions Najib over multimillion-dollar deposits
Malaysian anti-corruption officials questioned Prime Minister Najib Razak on Saturday in an investigation into deposits of funds totalling 2.6 billion ringgit ($615.53 million) into his bank accounts that have prompted calls for his resignation.
WORLD / Crime & Legal
Dec 4, 2015
French tycoon Tapie says he faces total ruin after court ruling on disputed business deal
French tycoon Bernard Tapie says he faces "total ruin" after a court ordered him to repay more than €400 million over a disputed business deal.
Japan Times
COMMENTARY / World
Dec 3, 2015
The first Olympic hurdle should be voter support
Making plebiscites obligatory for all bidding cities could be the first step toward restoring the tattered reputation of the Olympics.
Japan Times
WORLD
Nov 12, 2015
Putin's daughter and Russia's second-generation elite
Since Vladimir Putin began cementing his grip on Russia in the 1990s, many of his friends have grown famously rich.
WORLD / Politics
Nov 5, 2015
Malaysia government to tell assembly about funds, critics see dodge
Malaysia's government said on Thursday it would answer questions about millions of dollars found in the prime minister's bank accounts, but only on the last day of parliament next month, which critics decried as a tactic to dodge a grilling.
Japan Times
COMMENTARY / Japan / SENTAKU MAGAZINE
Oct 23, 2015
Kodo-kai still raking in funds despite tougher yakuza laws
The Kodokai is emerging as Japan's strongest yakuza group, thanks to its prodigious money-making skills.
ASIA PACIFIC
Oct 19, 2015
China graft watchdog raps newspaper for covering up news
China's anti-graft watchdog has criticized the People's Daily, the Communist Party's official newspaper, for abuses at some of its subsidiaries and bureaus including covering up news in exchange for money and misusing government funds.
Japan Times
WORLD / Politics
Oct 8, 2015
Brazil's Rousseff loses legal battle, faces impeachment threat
Brazil's besieged President Dilma Rousseff lost a major battle on Wednesday when the federal audit court rejected her government's accounts from last year, paving the way for her opponents to try to impeach her.
BUSINESS / Companies
Oct 5, 2015
Hitachi's $19 million settlement over improper payments offers insights into South African deals
Hitachi Ltd.'s $19 million settlement with the U.S. Securities and Exchange Commission provides insight into how the company became a crucial supplier to South Africa's behind-schedule power plants that have yet to solve the country's electricity shortage.
ASIA PACIFIC / Crime & Legal
Sep 29, 2015
China punishes 249 'lazy' officials for unspent funds
China has punished 249 officials for laziness, exemplified by failure to spend government funds, delays to projects and sitting on land earmarked for development, as the government wages a war on graft, state news agency Xinhua said.
Japan Times
ASIA PACIFIC / Politics
Sep 23, 2015
As Malaysian leader struggles in graft scandal, his party plays the race card
When thousands of Malay Muslims marched through Kuala Lumpur last week to support his scandal-racked government, Malaysian Prime Minister Najib Razak kept his distance.
Japan Times
COMMENTARY / World
Sep 22, 2015
Time to curb the worst of Chinese corruption
The case could be made that corruption was actually good for China's economy, but the time has come where this is no longer true.
Japan Times
WORLD / Politics
Sep 22, 2015
'Putin's banker' files $10 billion claim against Russia
Sergei Pugachev, a tycoon once dubbed "Putin's banker" because of his influence in the Kremlin, has filed a claim against Russia for more than $10 billion after his business empire was carved up when he fell out of favour with President Vladimir Putin.
ASIA PACIFIC / Crime & Legal
Sep 22, 2015
U.S. federal grand jury probing Najib corruption allegations: New York Times
A U.S. federal grand jury is examining allegations of corruption involving Malaysian Prime Minister Najib Razak and individuals close to him, the New York Times reported Monday, quoting anonymous sources.
COMMENTARY / World
Sep 19, 2015
Mexico's president in no position to judge
The level of corruption in Mexico stands out even in Latin America, a region known for crooked politicians.
Japan Times
ASIA PACIFIC / Politics
Sep 17, 2015
Chinese leaders turn to former Premier Zhu Rongji for advice on economic reform
When top leaders from China's Communist Party made their annual pilgrimage to the seaside resort of Beidaihe last month, they turned to an old master for economic advice, according to people with knowledge of the matter.
ASIA PACIFIC
Sep 14, 2015
In graft crackdown, Sinopec to sell most hotels, cut car fleet
Chinese state-owned energy giant Sinopec Group will sell off most of its hotels by the end of 2017 and get rid of more than 4,000 company cars as part of efforts to root out corruption and waste, it said Monday.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’