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Francis Yeoh named one of 25 top Asian leaders
YTL Corp Bhd managing director Tan Sri Francis Yeoh has been named as one of the 25 top leaders in Asia#039;s forefront of change in I>Business Week#039;s/Isixth annual special report.
Shanghai cracks down on murky property deals
The Shanghai authorities vowed yesterday to crack down on bribery in land deals as a high-profile lawsuit alleging official corruption threatened to expose under-the-table transactions in China#8217;s financial hub.
39% of Asia-Pac firms hit by economic crime: Survey
THIRTY-NINE per cent of businesses in the Asia-Pacific have suffered from economic crime in the last two years with an average recovery on loss of 20% or less, a survey showed.
China’s elusive rich unveiled
China's new millionaires - un- abashed capitalists in a country still ruled by communists, albeit evolving ones - tend to shun publicity. But Hoogewerf has found them.
Court to rule on France's decade-long Elf scandal
Political kickbacks, luxury villas bought with public money, illegal party funding. The corruption trial surrounding oil company Elf has already tarnished the French establishment and ruined careers.
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.
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.
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).
Minister: It takes two to tango in corruption
Corruption is a two-way street and fingers should not be pointed at the Government alone in this, International Trade and Industry Minister Datuk Seri Rafidah Aziz said.