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.
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.
Two former top South American football executives have been found guilty of multiple charges at a US trial into corruption in the sport: Jose Maria Marin, the former head of Brazil's Football Confederation (CBF), and Paraguay's Juan Ángel Napout, who led South America's football governing body Conmebol, were convicted on Friday.
Brazilian police raided the offices and homes of two members of Congress on Wednesday in the country’s latest corruption probe as the government makes a last-ditch effort to vote on an overhaul of the national pension system.