Most fines for bribery don't end up in country where crime took place, report by UN and World Bank says

UBS is among the banks fined for fraud and bribery in a global scandal over the rigging of benchmark interest rates. Photo: Reuters

Penalties in international corruption cases are rarely paid to the country where the crimes took place, the World Bank and United Nations said on Wednesday.

Friday, 29 November, 2013, 4:23am

Beijing's antigraft crackdown forces foreign firms to rethink business practices in China

Illustration: Emilio Rivera

Creating guanxi – relationships or connections – used to be a reliable way for multinational firms to break into the China market. But foreign companies are increasingly having to re-examine the way they do business in the world’s second-largest economy.

2 Dec 2013 - 10:31am 2 comments

WeChat, new media increasingly used to fight graft

Registered users of WeChat exceeded 300 million at the end of 2012. Photo: SCMP

Anti-corruption whistle-blowers are increasingly turning to “new media” to expose official wrongdoings, a new report by the Chinese Academy of Social Sciences has found.

26 Jun 2013 - 9:16pm

Anti-graft teams cause stir as they prepare to fan out across China

Wang Qishan. Photo: Xinhua

When the Communist Party's top anti-corruption agency announced this month that it was sending 10 "inspection teams" to provinces and state-owned enterprises, internet users and state media compared them to the envoys sent by emperors to check on local officials.

9 Jun 2013 - 8:46am

Beijing promises blue skies and no red envelopes

Zhang Gaoli. Photo: Xinhua

Capital inflows to China are being squeezed by corruption and pollution and Beijing is ready to tackle both head-on to ensure a steady flow of funds, Vice-Premier Zhang Gaoli told a gathering of top executives from some of the world's biggest companies.

7 Jun 2013 - 11:05pm

To root out corruption, China must institute checks on government power

Wang Qishan, secretary of the CPC Central Commission for Discipline Inspection, addresses a meeting promoting an anti-corruption campaign. Photo: Xinhua

China's anti-corruption campaign has moved up a gear. The Central Commission for Discipline Inspection last week ordered disciplinary officials to give up, by June 20, all club membership cards they had received as gifts. This zero-tolerance policy deserves praise.

6 Jun 2013 - 2:10am

Liaison office staff warned not to take gifts

Zhang Xiaoming. Photo: Xinhua

The central government's liaison office has warned its staff to "decline gifts such as food and fruit during festivities", including this month's Dragon Boat festival. The statement comes after Communist Party General Secretary Xi Jinping made a call last December to end official extravagance.

2 Jun 2013 - 6:03am

People's Daily's imperial graft analogy draws criticism

Wang Qishan

A commentary in the Communist Party mouthpiece People's Daily yesterday that sought to draw inspiration from imperial institutions to tackle present-day corruption raised eyebrows and had many observers questioning prospects for political reform.

31 May 2013 - 6:11am 4 comments

Downfall of corrupt official Liu Tienan a rare success, says whistle-blower

Liu Tienan

The journalist who raised corruption allegations on the internet in December against the head of the mainland's energy regulator, contributing to the senior official's downfall this month, says his success is unlikely to be repeated.

30 May 2013 - 4:58am

Surrender your private club VIP cards, China's anti-graft officials are told

Wang Qishan, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the CPC Central Commission for Discipline Inspection. Photo: Xinhua

The Communist Party's top graft-buster has ordered thousands of anti-corruption officials across the mainland to surrender before June 20 any private club VIP cards they hold, state media reported. 

28 May 2013 - 12:07pm 3 comments

Graft buster Wang Qishan orders staff to ditch VIP cards

Wang Qishan. Photo: Xinhua

China’s top anti-corruption official has demanded his staffers ditch their VIP cards as part of the country’s push to defeat graft.

27 May 2013 - 7:43pm

Impact of Beijing's anti-sleaze campaign wildly exaggerated

Impact of Beijing's anti-sleaze campaign wildly exaggerated

Over the past couple of months, the media have been full of articles about how Beijing's latest anti-corruption campaign has dented consumer demand and even contributed to the slowdown in the mainland's overall economic growth.

23 May 2013 - 4:27am

State Council orders probe into pricey buildings

The Jinan city government building. Photos: SCMP

According to its "urgent notification", the State Council ordered thorough checks to see whether central or local government agencies had used public funds to build extravagant offices, halls or guest houses.

19 May 2013 - 6:30am

China Resources is hit by extravaganza clampdown

Higher-than-usual temperatures in the first quarter helped to boost sales volumes of China Resources' Snow beer. Photo: One Red Eye

The campaign to curb extravagant spending by mainland officials and rising material costs took a toll on China Resources Enterprise, which saw a more than 60 per cent drop in net profit in the first three months of the year.

17 May 2013 - 4:06am

Praise be to the modest spender

Radoslaw Sikorski. Photo: AFP

When Radosław Sikorski, Poland's foreign minister, went to Ukraine for talks last month, his Ukrainian counterparts reportedly laughed at him because he was wearing a Japanese quartz watch that cost only US$165. A Ukrainian newspaper reported on the preferences of Ukrainian ministers, several of whom have watches that cost more than US$30,000.

13 May 2013 - 1:52am