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  • September 16, 2014
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  1. News - China Insider - CORRUPTION

    Chinese telecoms giant Huawei probes over 100 staff in internal graft crackdown

    Posted Sep 09th 2014, 05:24pm by Patrick Boehler

    ... investigated since.  In a recent interview, Ren Zhengfei, the company’s founder, called internal graft a challenge bigger than any competitor. “The only thing that can stop us is internal graft,” he reportedly said. Richard Yu Chengdong, CEO of Huawei Consumer Business Group, wrote in a leaked internal e-mail to staffers in July that the staffers accepting bribes had been identified. “I and many ...

  2. News - China - CORRUPTION

    Beijing 'ready to begin' trying associates of Zhou Yongkang

    Posted Sep 05th 2014, 03:36am by Keith Zhai

    ... is also under investigation, as reported earlier. An internal briefing said Xu received more than 35 million yuan (HK$44 million) from Gu directly or through family members. Some of the bribes ...

  3. News - China - CORRUPTION

    State-appointed business managers face huge cuts in pay and perks

    Posted Sep 04th 2014, 05:10am by Keira Lu Huang

    ... director of CEIBS Lujiazui International Finance Research Centre, said simply cutting pay and perks would not end corruption. "The ultimate solution is to break the administrative monopoly, ...

  4. News - Asia - CORRUPTION

    New graft chief John Sevilla in front line against corruption at Philippines customs

    Posted Sep 03rd 2014, 09:58pm by AFP

    ... of Sevilla's strategy is old-fashioned internal law enforcement. He has placed 65 staff under investigation for irregular transactions, and another was banished to a far-flung port over persistent ...

  5. News - China - CORRUPTION

    Guangdong and Hubei elevate graft-busters in provincial party hierarchy

    Posted Aug 15th 2014, 03:52am by Cary Huang

    ... for local graft-busters The Communist Party committees in Hubei and Guangdong have given a shot in the arm to their internal graft-busters, automatically promoting discipline chiefs in governments ... on graft investigations. Since coming to power in late 2012, President and Communist Party chief Xi Jinping has backed efforts to expand the reach of the party's internal graft-busters to help ...

  6. News - China - CORRUPTION

    How much wealth had Zhou Yongkang's family amassed before the former security tsar's fall?

    Posted Aug 08th 2014, 04:55am by Keira Lu Huang, LAURA ZHOU

    ... hundreds of millions of yuan, documents show. With a master's degree in international management studies from the University of Texas at Dallas, Zhou Bin returned to China in the early 2000s, ...

  7. News - Asia - CORRUPTION

    US gun maker Smith & Wesson fined US$2m for bribery overseas

    Posted Jul 29th 2014, 10:04pm by AFP

    ... The SEC said the company had taken action to halt pending sales when it learned of the bribery by its staff, and fired its entire international sales staff to begin addressing the problem. "This is a wake-up call for small and medium-sized businesses that want to enter into high-risk markets and expand their international sales," said Kara Brockmeyer of the SEC's ...

  8. News - China - CORRUPTION

    China announces corruption probe into former security chief Zhou Yongkang

    Posted Jul 29th 2014, 06:06pm by Keith Zhai

    ... but what next? The Post reported in May that the top leadership was eager to convince the party elite that the case against Zhou was a step to reinforce the rule of law, not only an internal ...

  9. News - China - CORRUPTION

    GlaxoSmithKline boss insists he has ‘zero tolerance’ of bribery

    Posted Jul 24th 2014, 01:29pm by The Guardian in London

    ... themselves. GSK’s internal investigations have not found any evidence of widespread fraud. Despite the problems in China, emerging markets put in a strong performance, with GSK sales up 11 per cent, ...

  10. News - China - CORRUPTION

    Yang Gang, ex-top official of economic panel, faces graft prosecution

    Posted Jul 11th 2014, 02:31pm by Zhuang Pinghui

    ... to others. He also committed adultery," it said. Evidence of the alleged crimes was handed over to the prosecutors' office, it said. Yang was placed under internal investigation ...




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