Lebanon: Lebanon removes banking secrecy rules to fight corruption

Lebanon’s parliament approved on Thursday a law to remove decades-old banking secrecy rules in order to better fight rampant corruption that has pushed the country to the edge of economic collapse. The move opens the way for investigations into bank accounts of current and former officials such as Cabinet ministers,

World: Spread of coronavirus fuels corruption in Latin America

Even in a pandemic, there’s no slowdown for swindlers in Latin America. From Argentina to Panama, a number of officials have been forced to resign as reports of fraudulent purchases of ventilators, masks and other medical supplies pile up. The thefts are driven by price-gouging from manufacturers and profiteering by

Australia: Corruption investigation finds Victorian public servant directed millions of dollars of work to his own company

A corruption investigation has found “significant organisational failings” at the Department of Education and Training after an IT manager misused his position to direct $14 million worth of work to a company he owned, over a 13-year period. The Independent Broad-Based Anti-Corruption Commission’s (IBAC) Operation Betka report found while working

Poland: Poland investigates money laundering at state bank – media

Polish prosecutors have started an investigation into suspected money laundering at a small state-controlled lender BOS Bank, Dziennik Gazeta Prawna daily said on Tuesday, quoting an unnamed source. The regional prosecutor’s office in Katowice in southern Poland said in an emailed statement to Reuters: “An investigation has been initiated in

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