CHINA TO INTRODUCE BLACKLIST FOR DRUG MAKERS AND MEDICAL DEVICE MANUFACTURERS
According to the National Health and Family Planning Commission, China will introduce a blacklist of drug makers and medical device manufacturers found to have paid bribes as it extends a crackdown on graft in the healthcare sector. The list will come into effect from the beginning of March and will be published online. Firms on the list once will be banned from selling within the region where they were implicated, for two years. Those who appear on the list twice in five years will be banned nationally, also for two years.
CHINA IMPLEMENTS NEW RULES REQUIRING INDIVIDUALS TO DECLARE OVERSEAS ASSETS
China is implementing a series of new rules to reduce corruption. Individuals will be required to declare their overseas financial assets and liabilities to the State through the country’s Administration of Foreign Exchange starting 1 January 2014.
CHINA INTRODUCES NEW RULES REGARDING BANKERS' FINANCES
China has introduced new rules requiring the financial status of bankers’ families and the interests of their relatives to be scrutinised. Individuals will not qualify to become board directors or senior executives of financial institutions if they or their spouse have “a relatively large amount” of overdue debts.
NACC TO INVESTIGATE RICE SUBSIDY PROGRAMME IN THAILAND
The Thai anti-corruption agency (the National Anti-Corruption Commission) is to investigate the rice subsidy programme which helped Thailand's current prime minister, Yingluck Shinawatra's Puea, get into power. Critics say the programme is corrupt and that it has cost taxpayers approximately £7.9bn. It is claimed that those who oversaw the programme knew that there were losses but did not put a stop to it. Yingluck is nominally head of the National Rice Committee and may therefore eventually face charges.
INDONESIAN ANTI-CORRUPTION AGENCY CONFISCATES ASSETS OF FORMER HEAD OF THE CONSTITUTIONAL COURT
The Indonesian anti-corruption agency has confiscated cash and assets worth around $16,650,000 during an ongoing investigation into the former head of the constitutional court, Akil Mochtar. The assets include 33 cars, 31 motorcycles, and property. Mochtar was arrested for allegedly receiving a $250,000 bribe.
SFO LAUNCHES FORMAL INVESTIGATION INTO ROLLS ROYCE'S ACTIVITIES IN INDONESIA AND CHINA
The UK Serious Fraud Office (SFO) has launched a formal investigation into allegations of bribery at Rolls-Royce. Among other claims, whistleblower Dick Taylor, a former employee, is reported to have alleged that Rolls Royce handed a £12.2m bribe and a Rolls–Royce car to Tommy Suharto, the youngest son of the late Indonesian dictator. It was claimed that Rolls Royce hoped that he could help persuade Garuda airlines to buy Rolls’ engines. It has recently been announced that the SFO has secured extra funding (known as "blockbuster funding") from the Government for this investigation.
NEW ANTI-CORRUPTION HELPLINE IN DELHI OVERWHELMED BY CALLS
India has launched a helpline to assist people in dealing with demands for bribes by government workers in the Indian capital, Delhi. After the first few hours of its launch it received more than 4,000 calls. The government announced that callers could leave behind their names, details of their complaint and contact number with the helpline. Each caller would be offered tips on how to "trap" the bribe taker by setting up a sting operation. It was noted that the purpose of launching this helpline was to create fear in the minds of corrupt individuals.
NORWEGIAN POLICE INDICT THREE FORMER EXECUTIVES OF YARA INTERNATIONAL
Norwegian police have indicted three former senior management executives of fertiliser firm, Yara International, for paying a bribe to a senior Indian bureaucrat in the Fertiliser Ministry. The Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (OKOKRIM) had already imposed a large fine of approximately US $48 million on Yara for bribing a senior Indian government official and entities in Libya and Russia.
INDIA CANCELS AGUSTAWESTLAND CONTRACT AMID ALLEGATIONS OF BRIBERY
India has cancelled a €556m contract with AgustaWestland to buy luxury helicopters for VIPs amid bribery allegations by Italian investigators. The Italian prosecutors suspect kickbacks worth around 10 percent of the deal, €50m, were paid to Indian officials.
A defense ministry statement said the government terminated the agreement with immediate effect because there had been a breach of a pre-contract integrity pact by AgustaWestland.
INDIA INTRODUCES NEW LAW CREATING ANTI-CORRUPTION WATCHDOG
India's new law creates a powerful anti-corruption watchdog by creating a corruption ombudsman with sweeping powers to prosecute all politicians and civil servants.
C4 LAUNCHED IN MALAYSIA TO END CORRUPTION
A brand new independent initiative - the Centre to Combat Corruption and Cronyism (C4) has been launched by several top activists in Malaysia. The centre's director, Cynthia Gabriel, said that the initiative is guided by four principles (clean, conscious, competent and credible) and has been spurred on by the demand for clean governance and an end to corruption. C4 aims to promote open government policies at all levels of government, and to campaign for policy and legislative reform as well as to promote freedom of information. It will monitor compliance with the United Nations Convention Against Corruption and local laws aimed at combating corruption. It also aims to strengthen citizen education to recognise corrupt practices.
SECOND FORMER FOXCONN EXECUTIVE DETAINED BY TAIWANESE AUTHORITIES
A second former Foxconn executive has been detained as part of an investigation into bribe payments from suppliers. The Taipei-based maker of iPhones and iPads is cooperating with the probe being conducted by Taiwanese authorities.