• Saudi Arabia to Establish Anti-corruption Units

    Saudi Arabia is to establish specialised anti-corruption units to investigate embezzlement in the kingdom following the recent controversial crackdown that recouped more than US$1bn recouped from detained businessmen and politicians.

    800px-Riyadh Skyline showing the King Abdullah Financial District KAFD and the famous Kingdom Tower Riyadh, Saudi Arabia, where the King Abdullah Financial District sits (Photo: Wikimedia)The decision was a result of the King’s “concern over combating corruption in all its forms aiming to protect the homeland and its resources, maintain public money and protect the integrity of the public employment,” according to a Saudi Press Agency statement.

    King Salman also announced that an anti-corruption conference will be held in April at which combating corruption in privatisation programs will be discussed, the Saudi government website reported.

    Saudi Arabia is understood to be close to entering a recession after the country spent a third of its reserves in the last three years following a drop in oil prices. Therefore, the kingdom is seeking to diversify its economy and reduce its dependence on gas exports.

    Companies operating or planning to invest in Saudi Arabia face a high risk of corruption, claims a report by GAN Integrity, an agency that identifies corruption in business.

    Abuse of power, nepotism and the use of middlemen, wasta, to do business are common, it says, suggesting that business practices in Saudi Arabia need to fundamentally change if corruption is to be eradicated, particularly given the overlap between business and politics.

    Saudi Arabia detained hundreds of powerful businessmen and royals for several months in an anti-corruption probe in November. The majority of those held were freed after giving up large parts of their wealth to the government.

    Several dozen others, whose names have not been disclosed, remain in custody in a prison outside of the capital and may stand trial, although the allegations against them have not been made public.


  • Romanian Officials Charged with Corruption Related to Freemasons

    An appeal court is expected to rule on a peculiar corruption case in Timisoara, Romania, involving a former police chief and a suspended judge who are accused of using their Freemason connections to accept bribes and shield acquaintances from criminal investigations,  Balkan Insight reported.

  • Former South Korean President Suspected of Bribery

    A former South Korean president is being summoned on allegations of bribery by prosecutors currently investigating high-level political corruption in the country, Reuters reported Tuesday.

  • Macedonia: ex Anti-Graft Chief in Corruption Scandal

    The former chief of Macedonia’s anti-corruption commission has resigned from the country’s parliament after the publication of a damning audit that exposed corruption in the State Commission for the Prevention of Corruption.

  • Former Honduran First Lady Arrested for Embezzlement

    The former Honduran First Lady, Rosa Elena Bonilla, was arrested on Wednesday on suspicion of embezzling around US $500,000 from public initiatives intended for the poor, the Organization of American States (OAS) announced.

  • Kyrgyzstan President: Corrupt Agencies Must Fight Graft

    The President of Kyrgyzstan called on the country’s corrupted, dysfunctional judicial and national security agencies to launch a merciless fight against graft, saying the problem is already threatening national security, the Times of Central Asia reported on Sunday.

  • EU’s Concerns about Orban’s Inner Circle

    EU spending in Hungary has been flagged by a European parliamentary watchdog days after the European Anti-Fraud’s Office (OLAF) report on problematic public contracts linked to a company owned by Prime Minister Viktor Orban’s son-in-law was made public by

  • EU Migration Chief Embroiled in Greek Meds Scandal

    The EU's migration chief has branded Greek prosecutors “perjurers” after he was named in a major corruption investigation into whether top politicians were paid bribes in exchange for fixing the price of various medicines.

  • Baltimore: Police Corruption Trial Winds Down, Investigation Continues

    The trial of former police officers Daniel Hersl and Marcus Taylor wound down on Wednesday, as prosecutors made their closing arguments detailing the egregious crimes of the recently disbanded Gun Trace Task Force, the Associated Press reports.

  • Hong Kong Millionaire Denied Bail in Corruption Case

    A US judge has denied bail to a former Hong Kong home affairs secretary accused of money laundering, conspiracy, and bribery, Reuters reported Monday.

  • Nigerian Anti-corruption Judge Charged with Corruption

    The Nigerian anti-graft body has accused one of the country’s most prominent anti-corruption judges of demanding a bribe in exchange for a favorable ruling, Deutsche Welle reported Saturday.

  • Saudi Arabia: US$100bn Recovered From Corruption Probe

    Attorney General Sheikh Saud al-Mojeb announced on Tuesday the end of a three-month corruption probe which yielded US$100 billion in recuperated capital and resulted in 56 royal family members being jailed, the Guardian reported.

  • Maldives President Dismisses Corruption Accusations

     Maldives President Abdulla Yameen has dismissed a petition from opposition leaders that called on the island nation’s Supreme Court to temporarily remove him from office and investigate allegations of corruption against him, Al Jazeera reported on Monday.

  • Scottish Law Firm HQ for Anonymous Shell Companies

    One of Scotland’s biggest law firms headquartered hundreds of shell companies that have broken anti-money laundering laws, calling into question the effectiveness of British corporate law, The Herald reported on Monday.

  • Scandal-hit Singapore Reviews Anti-Corruption Laws

    Singapore’s anti-corruption agency is reviewing the country’s graft laws in the wake of several major fraud scandals.

  • Guatemalan Businessman Seeks Asylum in US

    Manuel Baldizon, a former Guatemalan presidential candidate, was detained at Miami International Airport Sunday on an Interpol arrest warrant issued following the filing of graft charges in his home country, reports the Miami Herald.

  • Romanians March Against Corruption Bills

    Tens of thousands of Romanians braved heavy snow in Buchareston Saturday to protest bills passed by parliament seen as weakening anti-corruption efforts.

  • Report: Corrupted Ukrainian Bank Lost US$5.5bn

    Privatbank, Ukraine’s biggest lender, lost at least US $5.5 billion during a decade of systemic corruption, an investigation by corporate consultants Kroll revealed on Tuesday.

  • Panama Investigates US$40m Corruption Ring

    Prosecutors in Panama are investigating a network of more than 30 people including former high-level officials alleged to have taken bribes worth US$40 million between 2011 and 2012 for public works projects, Attorney General Kenia Porcell told Reuters on Monday.

  • Guatemalan Anti-corruption Protests Met With State Force

    Protesters in Guatemala demanding the resignation of President Jimmy Morales and over half of the Congress over alleged corruption have been met with violent repression by military, state, and private police, including heavily armed riot unit, Kaibiles, reports Telesur.

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