Iraq's parliament removed Finance Minister Hoshiyar Zebari from office on Wednesday over corruption allegations, a move that risks further destabilising the major Opec producer's fragile economy as it struggles with a massive budget defi
Britain's Serious Fraud Office has launched a formal investigation into suspected fraud, bribery and corruption in connection with commercial plane sales by Airbus, parent company Airbus Group said on Sunday.
A UK government a
Iraqi Prime Minister Haider Al Abadi on Saturday directed the country's highest corruption watchdog to investigate claims of graft in the awarding of oil contracts by the Opec exporter and urged the courts to prosecute.
Former Brazilian President Luiz Inacio Lula da Silva was briefly detained for questioning on Friday in a federal investigation of a vast corruption scheme, fanning a political crisis that threatens to topple his successor, President Dilma Rousse
Bahrain has improved five places in a global corruption index compiled by Transparency International. The country was placed joint 50th in the 2015 Corruption Perceptions Index (CPI) with a score of 51 points, compared to 55th with a 49 points
Two factors are creating new issues for companies, according to a new report by KPMG International. First, a growing number of governments around the world are tightening anti-bribery and corruption (ABC) regulations or introducing new ones as
With GCC based organizations increasingly investing overseas, reliance on and managing risk with third parties can be a challenge and adequate controls and monitoring must be put in place, said an industry expert.
The office of Switzerland's attorney general is helping authorities in Oman investigate alleged corruption in the sultanate's national oil company and oil ministry, a Swiss law enforcement source familiar with the matter said.
Chinese state-owned energy giant Sinopec Group will sell off most of its hotels by the end of 2017 and get rid of more than 4,000 company cars as part of efforts to root out corruption and waste, it said on Monday.
The international fight against corruption must work in tandem with efforts to root out modern slavery since corruption is a key driver of human trafficking, the head of the world's largest anti-corruption organisation said on Thursday.