Member of the Central Committee under scrutiny as target in series of graft investigations
Jiang Jiemin, the current head of the State-owned Assets Supervision and Administration Commission (SASAC) is currently under investigation by the Central Commission for Discipline Inspection for "suspected serious disciplinary violations". Jiemin previously served as the Party Chief of China National Petroleum Corporation ("CNPC"), a state-owned corporation which has seen four other senior executives fired for serious disciplinary violations. As a member of the Central Committee, Jiemin is one of the most senior officials to be targeted since President Xi Jinping came to power.
Former security tsar Zhou Yongkong investigated for corruption
Reports have been made that retired security chief Zhou Yongkang, who stepped down last year from the Politburo Standing Committee, is under investigation for fraud, following investigations into Jiang Jiemin, head of the State-owned SASAC. If prosecuted, the case will mark the first time a Politburo Standing Committee member, retired or sitting, has ever been investigated for crimes of an economic nature.
Two investigators arrested for selling personal information about Chinese citizens to corporate clients
A British fraud investigator, Peter Humphrey and his American wife, YingZheng Yu have admitted to using illegal means in "buying and selling information" about Chinese individuals on CNTV, China's central broadcaster. The married couple who operate a risk consultancy firm, ChinaWhys Ltd. were formally arrested in Shanghai on 16 August 2013. Humphrey and Yu were found to have prepared several dozen reports containing information on home addresses, family members, real estate and vehicles about Chinese citizens which were then sold to corporate clients including manufacturers, law firms and financial institutions.
Petrochina's shares fall following corruption probe
Wang Yongchun, a deputy general manager of China National Petroleum Corporation (CNPC), has been detained for investigation by the Central Discipline Inspection Commission for alleged violations of party discipline. Wang, who is also the general manager of Daqing Oilfield Company, will see his position being taken up by CNPC's vice general manager Liu Hongbin in the interim. PetroChina, a subsidiary of CNPC, often deemed China's most valuable company, saw its share price fall by almost 5 per cent after the detention of a further three of its senior executives in relation to a similar corruption probe. Two vice-presidents, Li Hualin and Ran Xinquan, and chief geologist, Wang Daofu have all resigned "due to personal reasons", PetroChina confirmed.
Guangdong's top China mobile executive sacked and detained for investigation.
Xu Long, general manager of China's telecommunications giant, China Mobile has been removed from his positions and is being held by provincial disciplinary authorities where he is likely to face allegations of corruption. Xu's detention, ordered by the Central Commission for Discipline Inspection follows the investigations into a dozen top executives at China Mobile since the dismissal of its former vice-chairman Zhang Chunjinag in December 2009 for corruption. Two other China Mobile's executives, Sun Lian and Li Xinze were reportedly detained for investigation earlier in July. Xu resigned as executive director last year following an internal investigation by China Mobile.
Eli Lilly latest pharmaceutical company to face bribery allegations
U.S. drug maker Eli Lilly and Co. faces allegations that it spent in excess of 30 million yuan ($4.9 million) over a period of one year from 2011 to 2012 in bribes to Chinese doctors to prescribe the firm's medicines instead of rival products. Lilly's whistleblower, a former senior manager for the company spoke to the 21st Century Business Herald stating that bribes and special payments to push the company's products were widespread at Lilly's China operations. The pharmaceutical firm is the third foreign drug maker to face bribery accusations this month, following claims that Novartis AG and Sanofi SA paid doctors and hospital staff to boost sales. Last month, GlaxoSmithKline – the biggest UK-listed pharmaceutical firm – was put under investigation for an alleged $480 million bribery scandal. The company has since admitted that some of its executives in China may have violated both Chinese law and the company's policy.
Bo Xilai awaits verdict
The trial of the former secretary of the Chongqing Municipal Committee of the Communist Party of China (CPC) and a former member of the CPC Central Committee Political Bureau, Bo Xilai on charges of bribery, embezzlement and abuse of power concluded on 26 August after five days of hearings at the Jinan Intermediate People's Court. The verdict of the trial will be announced at a date yet to be decided. Bo denied the bribery and embezzlement charges whilst admitting that he made serious error of judgements when handling the defection of Wang Lijun, former vice-mayor and police of chief of Chongqing. Prosecutors have pressed for a heavy sentence and have urged for Bo's denials to be dismissed.
Head of Indonesia's oil and gas regulator arrested on allegations of bribery
Rudi Rubiandini, head of Indonesia's upstream oil and gas regulator has been arrested by the nation's Corruption Eradication Commission (KPK) regulatory special task force, SKK Migas on allegations of bribery. Rubiandini, the former deputy minister of energy and mineral forces has been accused of allegedly accepting bribes amounting to $400,000 from Kernel Oil Ltd, a crude oil company headquartered in Singapore. Rubiandini was apprehended with four others at his house, where the KPK found evidence and confiscated hundreds of thousands of dollars. Johannes Widjanarko will be taking up Rubiandini's position as regulator in the interim. This arrest follows on from last month's imprisonment of three employees of the U.S. oil giant, Chevron's local subsidiary over a series of corruption allegations.
Cambodian police comeplete training on combatting financial crimes.
Dozens of Cambodian officials have completed a year-long training program on combatting financial crimes as part of the country's efforts to strengthen control of the under-regulated Cambodian financial sector. The program, led by foreign officials, taught basic and advanced investigative skills to detect money laundering activities and counter the financing of terrorism. 60 Cambodian Counter-Terrorism Police Officers received training and selected officials were also given specialist skills to pass on their training to other Cambodian officials. Mounting concerns over Cambodia's potential for becoming an attractive destination for terrorist-related activities, or a safe haven for terrorists, had long been growing within Cambodia's financial sector.
Myanmar passes first ani-corruption bill.
Myanmar's first anti-corruption bill has been approved by Parliament by a slight majority of votes with 291 votes in support and 211 votes against, despite receiving objections from President Thein Sein. The bill requires all officials in the executive, judicial and legislative branches of government as well as the anti-corruption commission to declare their assets. Those who are found to be corrupt will be charged. Myanmar is widely considered as one of the world's most corrupt countries and the country's Vice President, Sai Mauk
Kham has called for tighter anti-corruption controls to promote transparency.
Bribe-givers granted immunity in Vietnam
A proposal to legalise the paying of bribes has attracted controversy, raising concerns that it could create a permissive attitude that may increase corruption while doing little to encourage or protect whistleblowers. Vietnam's Penal Code states that bribe-givers will not be prosecuted if they were forced to pay the bribe and if they reported the crime before it was detected. James Anderson, senior governance specialist at the World Bank in Vietnam, urged the focus to be shifted onto measures that have already been shown to work instead of experimenting with new approaches.
Special teams established to monitor anti-corruption work
On 6 August, the General Secretary of the Vietnam Communist Party Nguyen Phu Trong signed a decision by the Vietnam Communist Party to establish seven special teams to oversee investigations into high profile public interest cases. Senior members of the Committee will supervise the investigation and prosecution of cases from August 15 to September 30.
New draft bill seeks to include casinos in the coverage of the Anti-Money Laundering Act
The Anti-Money Laundering Council is currently working on a draft bill for approval in Congress relating to the coverage of the Anti-Money Laundering Act (AMLA). The proposed bill will require casinos and real estate agents to report the presence of suspected money launderers on its premises or suspicious transactions. This change comes amid the passing into law of the AMLA in February of 2012 and the pressure from the Paris-based Financial Action Task Force to combat money laundering.
General manager of manufacturing company convicted of corruption.
Choo Boon Sing, the general manager at the manufacturing company, American Equipment Services has been convicted of receiving a sum of S$48,200 from the director of Steel Forming & Rolling Specialists, Ang Thiam Swee, in exchange for securing a metal sheet rolling service supply contract.
Preliminary talks on legislation making company directors liable for staff corruption.
In an effort to combat corporate and government graft, the Malaysian government is in preliminary talks in relation to electronic monitoring. Although information is not readily available regarding the scope of the powers, amendment to the Malaysian Anti-Corruption Commission Act is also planned, which will make company directors liable for corruption involving staff. Changes also include the appointment of chief integrity officers to government ministries.
Taipei City councillor Lai Su-Ju on trian for accepting bribes relating to Twin Towers
Lai Su-ju, former aid to President Ma Ying-Jeou has been granted bail for NT$ 15 million. She will be on trial regarding allegations of accepting bribes from Taipei Gateway International Development Co. Ltd., during the bidding process for the Twin Towers.
Microsoft accused of authorising firm to pay for government official trip
A probe by the United States Federal Regulators under the Foreign Corrupt Practices Act into the conduct of Microsoft has widened to include allegations of bribing Pakistani government officials. Microsoft is alleged to have authorised a consulting firm to pay for a five-day trip to Egypt for an official and his wife.