China to Introduce Law Targeting Cross-Border Corruption
China said Monday it plans to enact a new law this year aimed at combating cross-border corruption, marking another stage in Beijing’s long-running anti-graft campaign.
Corruption
Newly Launched Database Traces Web of Conflicts at White House
An investigative news outlet on Thursday launched a searchable online database containing nearly 3,200 financial disclosure records for more than 1,500 Trump-appointed federal officials, detailing extensive financial ties between senior members of the administration and the industries they regulate.
The Caribbean Supply Chain that Laundered Conflict-Tainted Venezuelan Gold
More than 70 metric tons of Venezuelan gold worth over $2.2 billion were routed through Curaçao and refined in Switzerland between 2012 and 2018, despite evidence the metal originated in conflict-affected mining areas in Venezuela.
Ukrainian Agency Missed Signs of Halushchenko’s Money Laundering: TI
Kyiv’s assets-declaration watchdog missed multiple red flags in the filings of former Ukrainian energy minister Herman Halushchenko, according to Transparency International Ukraine.
U.S. Threatens Venezuela’s New Leader with Criminal Charges
The Trump administration is drafting a criminal indictment to potentially accuse Venezuelan interim President Delcy Rodriguez of corruption and money laundering.
When a U.S. Anti-Bribery Law Is a Statecraft Weapon, Not a Domestic Deterrent
Washington is increasingly turning U.S. anti-corruption enforcement into an instrument of economic statecraft—a shift that threatens to undercut decades of American efforts to fight illicit activity abroad.
Malaysian Watchdog Agency Probes $280mln Deal with Arm Holdings
Malaysia’s troubled anti-graft agency is probing a $280-million deal between the Malaysian government and British chip giant Arm Holdings, Agence France-Presse reported.
Lula’s Son Stripped of Bank-Secrecy Protections in Ongoing Fraud Case
A Brazilian Senate decision to strip bank- and tax-secrecy protections from President Luiz Inácio Lula da Silva’s son has intensified political pressure on the leftist leader as lawmakers investigate an alleged fraud scheme inside the national pension system.
Panel Probing Malaysia’s MACC ‘Mafia’ Set to Release Findings
Malaysian Prime Minister Anwar Ibrahim said a special committee investigating anti-graft chief Azam Baki’s shareholdings is expected to release its findings soon, Bloomberg said.
Guernsey Mulls Granting More BO Access
Guernsey’s government is weighing new transparency rules that would let approved applicants access information on the beneficial owners of companies registered on the island.