Asia, Corruption | featured news

S.E.C. Inquiry Into China Film Trade Unnerves Hollywood

Nearly a year after word leaked about an S.E.C.Nearly a year after word leaked about an S.E.C. investigation into possible corrupt practices in the China film trade, there is a still a chill over dealings between Hollywood and China.

 

Wal-Mart India unit suspends CFO, others pending bribery probe

Indian Walmart

The Indian joint venture of Wal-Mart Stores Inc has suspended its chief financial officer and other employees as it investigates alleged violations of U.S. anti-bribery laws, a development that could hamper India's efforts to open its domestic supermarket sector to foreign investment.

 

Most Chinese leaders at party congress avoid candid statements on corruption

The specter of corruption continued to hound China’s leaders Friday, the second day of a week-long Communist Party congress at which the country’s next generation of top leaders are expected to be unveiled.

 

China says disgraced leader Bo expelled from party

Bo Xilai

China's communist leadership expelled Bo Xilai from the ruling party Friday and sought to bury him with charges ranging from corruption to sexual affairs, aiming to sweep away their most damaging scandal in decades while finally scheduling their long-awaited leadership transition for November.

 

Hong Kong’s Kwok Brothers Arrested

An anti-corruption regulator said it had arrested Raymond and Thomas Kwok, billionaire brothers who run the biggest real estate company in the city, accusing them of suspected corruption.

 

India’s Parliament Gives In to Protests Over Corruption

Lawmakers endorsed demands by Anna Hazare, the anticorruption campaigner who has been on a hunger strike, for legislation to fight graft.

 

Ex-super-pimp bids for Thai presidency

Ex-super-pimp bids for Thai presidency

As the super-pimp who once ran Thailand's biggest brothel empire and then exposed the police kickbacks he had to pay for it to flourish, Chuvit Kamolvisit feels uniquely qualified to lead the country's fight against corruption.

 

Xi Jinping on track to become China's next president

Xi Jinping on track to become China's next president

The Communist Party official is named to a post that is considered a steppingstone for assuming the leadership. He has a reputation for being tough on corruption and friendly toward business, even foreign companies. Unless something goes badly wrong for Xi Jinping over the next two years, it looks like a fait accompli that the 57-year-old Communist Party official, who has been groomed his entire career for leadership, will be China's next president.

 

Thai Court Seizes $1.4 Billion From Ex-Premier

Thailand’s Supreme Court ruled that Thaksin Shinawatra had abused his power to benefit companies he owned.

 

Chinese Officials Told to Dump Mistresses, Avoid Bars

Chinese officials are being told to dump their mistresses, avoid hostess bars, and shun extravagances as part of the Communist party's efforts to clamp down on the corruption that is threatening its rule and sullying its reputation.

 

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