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On the Money Trail - Jan. 29

by Stella Dawson | https://twitter.com/stelladawson | Thomson Reuters Foundation
Wednesday, 29 January 2014 17:08 GMT

Corruption in the news

Luxury Chinese style …

BEIJING - A golden wash basin, a statue of Chairman Mao Zedong, and boxes of high-end Moutai liquor were among four truckloads of luxury items seized from a villa owned by Gu Junshan, providing a glimpse into the lavish lifestyle of the former People’s Liberation Army (PLA) general who’s now under investigation, the FCPA blog reports.  

Canadian firm raided linked to construction probe …

QUEBEC CITY - About 50 investigators from Quebec’s anti-corruption unit raided the Quebec City headquarters of engineering consulting firm Roche early Wednesday, CBC News reports.  Roche has been mentioned at the Charbonneau Commission, the province’s inquiry into corruption in the construction industry.  In 2012, a former Roche employee alleged that some of his former co-workers had engaged in bribery and bid-rigging, it said.

ANC vows to crack down …

JOHANNESBURG - Rampant and damaging allegations of widespread corruption in most of the African National Congress-controlled municipalities have prompted the party’s top brass to take action, IOL News reports.  The ANC leadership has vowed to centralise the issuing of tenders in local, provincial and national government. The party’s Secretary General Gwede Mantashe also said his party would expel councillors and officials involved in alleged fraud and bribery.

Our Standards: The Thomson Reuters Trust Principles.


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