A round-up of Bribery and Corruption news from January 2016.
Agricultural Bank of China
- According to the Financial Times, Chinese police and regulators are investigating allegations that two employees of AgBank China embezzled more than Rmb 3.8bn ($578m USD). The Financial Times 22 Jan 2016.
China Statistics Bureau
- The Director of China’s National Bureau of Statistics is under investigation in relation to “serious violation of discipline” as China continues to investigate corruption. The BBC 26 Jan 2016.
Corporate Criminal Liability
- In an interview with the Evening Standard, David Green has called for reform of the “controlling mind” test for cases of corporate criminal liability. Evening Standard 6 Jan 2016.
- See our blog, New call by the SFO’s Director for US style powers to punish companies in the future, by Jo Rickards here.
- Investigations are ongoing in relation to three match-fixing cases in South Africa, Sri Lanka and Hong Kong. According to the Telegraph this includes investigation as to whether one global betting syndicate is behind all three cases. The Telegraph 23 Jan 2016.
Court of Appeal Foreign Bribery Decision
- Court of Appeal rules that the bribery of foreign officials has been illegal under UK law prior to 2002. GIR 21 Jan 2016 Corruption Watch
- See our blog, Court of Appeal Rules on Bribery under 1906 Act, by Jo Rickards and Áine Kervick here.
- The World Anti-Doping Agency has reportedly said that corruption within the IAAF was “embedded in the organisation”. Associated Press 14 Jan 2016
- Lord Coe announces that any corruption in bidding process for 2017 World Athletics Championships will be identified and dealt with. BBC 17 Jan 2016
- Senegal confirmed that it would not extradite its own nationals after Interpol issued an international alert for the son of Lamine Diack, former IAAF President who is facing corruption and money laundering charges in France. BBC 22 Jan 2016
- According to the BBC, Addidas has told the IAAF it wants to end its sponsorship deal early amid allegations facing the organisation. BBC 24 Jan 2016
Prime Minister of Malaysia
- The Malaysian Prime Minister, Najib Razak, has been cleared over allegations of corruption in relation to a gift of $681 million from the royal family in Saudi Arabia. The attorney-general has said that the donation is not linked to the 1MDB state bank. The Guardian 26 Jan 2016 The Telegraph 26 Jan 2016
Serious Fraud Office
- According to the Solicitor General, the SFO has requested a budget top-up of £21.1m to cover the cost of “significant investigations and the settlement of material liabilities”. The Solicitor General 7 Jan 2016 The Telegraph 7 Jan 2016
Smith and Ouzman
- The printing company Smith and Ouzman were ordered to pay £2.2m for making corrupt payments to public officials for business contracts. The Independent 9 Jan 2016.
- See our blog, Corporate corruption: Smith & Ouzman ordered to pay £2.2m, by Jo Walsh here.
- An investigation by the BBC and BuzzFeed News allege widespread suspected match-fixing at the top level of world tennis including Wimbledon. BBC 18 Jan 2016.
- World Number One, Novak Djokovic, has confirmed that he was approached to fix a match in 2007. The Financial Times 18 Jan 2016.
- President of the Association of Tennis Professionals denies that corruption is widespread in tennis. The Independent 21 Jan 2016.
- An independent review will be carried out by tennis officials in relation to match-fixing claims. BBC 27 Jan 2016.
- TI launched their Transparency Index for 2015. The UK’s score has increased significantly since 2012. However, the scores of Australia, Brazil, Libya, Spain and Turkey all deteriorated. TI website 27 Jan 2016.