While doing business in Angola with the state-owned Sonangol oil company, Halliburton engaged in practices that resulted in a settlement of 29.2 million US dollars with the SEC.
Two cases remind us of the international presence of the Foreign Corrupt Practices Act (FCPA) and the importance of designing, adopting and enforcing effective anti-corruption policies.
Recent Tunis protests.
Protests in Tunisia and Morocco show underlying causes of the Arab uprisings remain intact.
EPA/Fernando Bizerra Jr.
Having seen off his predecessor in a spectacular impeachment saga, Michel Temer may be forced out of office for misconduct of his own.
Protestors in South Korea calling for punishment.
Sagase48 / Shutterstock.com
Fighting corruption in the business world requires transforming the internal structure and culture of big companies.
New research suggests the road to bribery is more of a steep cliff than a slippery slope.
One of David Cameron's more tangible legacies is in danger as the UK rushes to secure trading partners around the globe.
Mea culpa: Park Geun-hye.
One of the world's cleaner democracies just threw out its president for corruption. How can countries do a better job of keeping their leaders clean?
Proposed laws will put corporate executives in the firing line when the law is broken on their watch.
A bronze statue, ‘The Boxer of Quirinal.’ Sometimes ancient Greek boxers would bribe their opponents.
When fame and glory are at stake, human nature seems to dictate that some people will cheat.
Young people understand the value of education but find fees prohibitively high in a context of widespread unemployment and low incomes.
The huge problem of youth unemployment in South Africa appears to be getting worse. New research will hopefully amplify their voices and inform more realistic interventions to combat the monster.
French authorities investigating.
There are days when you just want to think about buttercups and Jamie Vardy.
Brazil is reeling from the political corruption scandal involving former President Luiz Inacio Lula da Silva (pictured on the fake bills) and members of the current government.
The headlines are full of stories of corruption and mega scandals, but what does it mean for the rest of us? And what makes the economic cost of corruption so high?
Bribe or tip?
Cash exchange via www.shutterstock.com
Companies complain that the Foreign Corrupt Practices Act creates an uneven playing field when doing business abroad in places corruption flourishes. Are they right?
A bad business.
Brazil is being rocked by a graft scandal of titanic proportions. Could it bring down Dilma Rousseff?
Slack for Sepp?
We're all outraged by dopers and allegedly corrupt officials. Why, and are we justified?
Australia’s employee fraud problem needs a new approach.
The high cost of organisational fraud in both private and public sectors in Australia continues to haunt organisations, particularly fraud committed by “trusted” employees. Cases prosecuted this month…
GlakoSmithKline (GSK) is currenlty feeling the heat from the allegations of foreign corruption that have erupted in China, Poland, Syria, Iraq, Jordan and Lebanon and the company is scrambling to restore…
Ehud goes down.
“A public servant who accepts bribes is akin to a traitor,” Judge David Rozen read as he sentenced Ehud Olmert, Israel’s ex-prime minister, to six years in prison for corruption. But in real democracies…
Big pharma: a world of many faces.
With billions to be made on the back of ill health and notable scandals and cover-ups in its history, it’s fair to say that many see the public face of the pharmaceutical industry as a mask for darker…
If it’s common practice to pay bribes for contracts, is it alright? Not quite.
You’d have thought corporate executives in a post-GFC world would have learnt, the hard way, the relevance of ethical behaviour. So it may come as a surprise that in a recent survey by Ernst & Young…