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China tycoon sues jailed founder
HONG KONG: China's biggest appliance retailer is suing its founder and former chairman for damages after he was jailed for bribery and other crimes.
US widens probe of Hewlett-Packard bribery allegations
NEW YORK: U.S. investigators have widened their probe of alleged kickbacks paid to Russian authorities by employees of a Hewlett-Packard Co. subsidiary in Germany.
CR is more than charitable acts
The Star will be featuring a series of articles in conjunction with the StarBiz-ICRM Corporate Responsibility Awards. The CR Awards is the result of a partnership between The Star and Institute of Corporate Responsibility Malaysia, supported by the Securities Commission and Bursa Malaysia Bhd. Its working partners are PricewaterhouseCoopers and Securities Industry Development Corp, while the official sponsor is Canon Marketing (M) Sdn Bhd.
Report: Toyota’s China unit fined for bribery
HONG KONG: Toyota Motor Corp's Chinese auto finance unit has been fined by the authorities in the city of Hangzhou for alleged involvement in commercial bribery, China's i>Xinhua News Agency/ireported on Tuesday.
S'pore whistle blower fined S$200,000
SINGAPORE: The former chief executive of listed company AEM-Evertech Holdings, who blew the whistle on bribery in the precision tools firm, was fined S$200,000 for his role in two offences.
Transparency can restore trust
KUALA LUMPUR: Corporate transparency and accountability are critical factors in restoring trust and fighting corruption, bribery and money laundering, The Institute of Chartered Accountants in England and Wales head of business law Felicity Banks said.
Australian businessman detained in south China(update)
SSHANGHAI: An Australian entrepreneur is being detained in the southern Chinese city of Guangzhou in connection with a police investigation, his company says.
China charges Aussie CEO with embezzlement
ADELAIDE, Australia: An Australian businessman detained last month in southern China has been charged with embezzlement, Australia's government confirmed Thursday.
Thursday was world anti-corruption day
UNITED NATIONS: Secretary-General Ban Ki-moon urged business leaders worldwide Thursday to denounce corruption and adopt strict prohibitions against the scourge, which is threatening development, democracy and stability.
Sime files suit against ex-CEO
PETALING JAYA: Sime Darby Bhd has filed a civil suit against its former chief Datuk Seri Ahmad Zubir Murshid and four other former senior personnel for restitution in the sum of at least RM338mil plus general and aggravated damages and other relief.
