— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News LAHORE: An accountability court on Monday extended physical remand of two accused, allegedly involved in money laundering for Shehbaz Sharif family, till June 10. Accountability Court Judge Syed Jawadul Hassan conducted the case proceedings wherein National Accountability Bureau (NAB) officials produced Fazal…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News The effort, the whistleblowers said in a lawsuit against the company, was part of an intentional “multi-tiered strategy” by Questcor Pharmaceuticals, now Mallinckrodt, to boost sales of H.P. Acthar Gel, cheating the government out of millions of dollars. The price of the…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News While the past year, or even eighteen months, was short on landmark federal securities law decisions, there was significant activity on the part of private securities litigants. In 2018, plaintiffs filed 403 new federal securities fraud class actions, just short of 2017’s…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News The Financial Services Agency (FSA) of Japan is set to introduce even more stringent regulatory measures for Bitcoin exchanges in the country. The move comes as the country’s top financial regulator tries to improve its anti-money laundering (AML) protocols with review by the Financial…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News It seems that our glorious United States of America is collapsing. People rail against President Donald Trump. It is clear they are unaware that many of our presidents were very much like him. I assure you Johnson could make Trump look like…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Working with a cyber security analyst, Yle found that Twitter was a hotbed of activity aimed at undermining EU citizens’ confidence in the region. While a few accounts were responsible for disseminating misleading information and outright fake news, ordinary citizens were also…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News The New York Times reported on Saturday that a hacking vulnerability known as EternalBlue has been exploited to blackmail Baltimore’s local government. The NSA discovered the flaw, but the paper claims that its cyber-spies kept the discovery secret for years. The NSA…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News The World Economic Forum’s (WEF) Partnership Against Corruption Initiative (PACI) held its Bi-Annual Community meeting in Switzerland between the 21-22nd of May. The above topic was discussed by WEF’s Global Shapers who shared their perspectives of the young generation on anti-corruption. I…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News An energy company providing power in several western U.S. states experienced a “denial-of-service condition” serious enough to warrant reporting it to the government’s energy authority. The “cyber event” resulted in “interruptions of electrical system operations” for more than 10 hours on March 5,…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News There is a principle of financial investigation so old that it’s often used in its original Latin: Cui bono? The question of who benefits, as the term translates, implies that, if you are trying to solve any crime — particularly one involving money — you must look for who stood to…