President Jacob Zuma, South Africa’s fourth democratic head of state, resigned on Wednesday amid an acrimonious battle for control of the nation and the governing party, the African National Congress. He told South Africans during a late-night televised address that, although he disagreed with the decision by the ANC to remove him, he would leave “with immediate effect.”Add your comment!
In an impassioned 10-minute rebuttal to police recommendations to indict him on bribery and breach of trust charges, Israel Prime Minister Benjamin Netanyahu told the nation on Tuesday night that not only will this government complete its term, but he will again be re-elected in 2019.Add your comment!
The British Government is supporting a project to encourage municipalities from Guatemala, El Salvador and Honduras to adopt practices which can prevent corruption. The initiative, under the “Islands of Integrity” concept, aims to address the root causes of corruption by encouraging free-market policies and enhancing efficiency.13 comments
A Brazilian federal judge ruled on Friday that authorities must return the passport of former President Lula da Silva, seized last week on the order of another court after his conviction for corruption was upheld on appeal. Lawyers for Lula, who governed from 2003-2011, handed over the passport to Brazil’s Federal Police on Jan. 26.
President Mauricio Macri said on Monday that government employees in Argentina won't receive pay raises this year as part of a string of measures aimed at cutting spending. Macri also announced the elimination of 1,000 political positions and the firing of family members appointed as advisers by government ministers. The measure is expected to save the government about US$75 million.
Brazilian Senator and president of the Workers Party, PT, Gleisi Hoffmann said that jailing ex president Lula da Silva, indicted on corruption charges, once the final ruling is known will mean killing many people.
Four South American ex-presidents are among more than 170,000 people who signed a petition supporting former president Lula da Silva bid for another term as Brazil's president, despite his corruption conviction. US film-maker Oliver Stone also signed the online petition supporting Lula, whose electoral aspirations are at risk of being blocked.
PwC's Indian unit has been banned from auditing listed companies for two years, over one of the country's biggest corporate scandals. Price Waterhouse was auditor for Satyam computers when company owner Ramalinga Raju admitted to inflating earnings.
Brazilian police have requested that President Michel Temer answers 50 questions as part of an investigation into alleged corruption involving a decree regulating the country's ports, a government spokesman said.
More than US$500 million has been recouped by tax authorities worldwide after the Panama Papers revelations, first published in April 2016. Spain alone collected US$122 million after an investigation into the affairs of tax residents who had stockpiled money offshore. Among the countries represented in the Panama Papers data, a total of 15 – on three continents – have publicly commented on the amount of taxes recovered by tax authorities.