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Internal auditors gaining recognition
THE interests of minority shareholders in many public companies are not served by the still strong executive management influence over their internal auditors who should ideally be acting independently, said Wee Hock Kee, the newly elected president of Institute of Internal Auditors Malaysia (IIA Malaysia).
Lawyer prosecuted for attempting to bribe DPP
A deputy public prosecutor told the Sessions Court yesterday that he co-operated with the Anti-Corruption Agency (ACA) to set a trap for a lawyer who offered him a RM5,000 bribe two years ago.
Ruling soon on charges facing IOC’s Kim
A South Korean court is expected to rule early next month on corruption charges faced by International Olympic Committee (IOC) vice-president Kim Un-yong, his lawyer said yesterday.
Lucent China COO denies bribery claim
Michael Kwan, the former chief operating officer of Lucent Technologies Inc's China unit who was sacked in connection with potential violations of a US anti-corruption law, has denied involvement in bribery.
Crucial to quiz Sonia over Bofors
Testimony from India's Congress party chief Sonia Gandhi is crucial to solving a US$1.3bil (RM4.9bil) bribe scandal involving Swedish arms firm Bofors and Indian politicians, an investigator said yesterday.
Ministers support BN's code of ethics
The Code of Ethics for Barisan Nasional MPs was adopted by Cabinet members at their second meeting in Putrajaya on Wednesday.
Lucent’s possible violation of US law highlights China risks
Revelations that Lucent Technologies Inc's senior executives in China may have violated US law banning the payment of bribes overseas is unlikely to be an isolated case in a country where corruption is common despite government campaigns to stamp it out, analysts said.
Spanish federation begin probe into bribery allegations
The Spanish Football Federation are to investigate allegations made by Racing Santander forward Mario Regueiro that an attempt was made to bribe him before a Primera Liga game against Celta Vigo.
Khaled makes poverty eradication his priority
Wiping out poverty will be one of the priorities of the Entrepreneur and Co-operative Development Ministry, said its newly-appointed Minister Datuk Mohamed Khaled Nordin.
