Posts tagged as bribery

Lithuania scores poorly in fighting business bribery abroad – TI report

Tuesday, October 13, 2020

Lithuania’s law enforcement is not doing its best to investigate corruption of Lithuanian companies operating abroad, according to a report by the NGO Transparency International. Lithuania has been awarded 3 points for the initiated investigations and is classified among countries with limited enforcement of the OECD Anti-Bribery Convention. The country was awarded two points in 2018. “I would like our businesses and law enforcement institutions to comply even better with…

Reforms in Latvia must result in stronger enforcement to tackle foreign bribery and subsequent money laundering risks

Wednesday, October 16, 2019

Latvia has continued to improve its framework against bribery of foreign public officials and subsequent money laundering but the reforms need to translate into further effective enforcement, according to a new report by the OECD Working Group on Bribery. According to the Working Group, which is composed of 44 countries, Latvia’s enforcement results are still not commensurate with the country’s exposure to foreign bribery and subsequent money laundering. Since Latvia…

Scandal: Former South Korean president is jailed 15 years for bribery

Friday, October 5, 2018

South Korean court has sentenced former President Lee Myung-bak to 15 years in prison over a slew of corruption charges. The Seoul Central District Court issued the sentence on Friday after convicting Lee of bribery, embezzlement and other charges. Lee, who posted a handwritten note on Facebook denying the most of the charges, has one week to appeal. The 76-year-old served as president from 2008-2013 and has been held at…