Category: Embezzlement

Malaysia: Deloitte to pay $80M in settlement over 1MDB scandal

Deloitte has entered into an $80M out-of court settlement with Malaysian Authorities over its role as an auditor to 1Malaysia Development Berhad (1MDB).

Death sentence for China’s Top Banker guilty of bribery: should compliance Officers take note?

LinkedIn was abuzz yesterday with news of one of China’s top bankers’ sentencing to death after he was found guilty of accepting $277 million in bribes. Capital punishment for government officials convicted of bribery in China is uncommon but not unheard of. But here’s what you may have… Continue Reading “Death sentence for China’s Top Banker guilty of bribery: should compliance Officers take note?”

Morocco: Big Bosses in Court for Corruption and Squandering of Public Funds

Former parliamentarians, ministers, directors of public establishments, and billionaires are being prosecuted for corruption, squandering of public funds or mismanagement in Morocco. But is it enough?