Hat tip to this headline writer.
Fifteen counties in 2012 initiated their first-ever enforcement actions for domestic or inbound bribery, according to a report issued Monday by Trace International.
Annapolis, Md.-based Trace’s 2012 Global Enforcement Report, its third edition summarizing global anti-bribery enforcement since 1977, found countries such as Guinea, Kenya, Iraq, the Philippines and Tunisia joining the anti-bribery enforcement brigade by, for the first time, going after bribes paid in the country.
“The addition of over a dozen new countries to worldwide bribery enforcement is a very positive trend and one that the global compliance community can celebrate,” said Alexandra Wrage, founder and president of Trace, in a statement.
BSG Resources Ltd., the Guernsey-based mining company, has asked for former U.K. prime minister Tony Blair’s help to free two of its employees held by Guinea.
An emailed statement from BSG said Ibrahima Sory Toure and Issaga Bangoura, respectively a vice president and director of public relations and a security official who is a member of Guinea’s military, have been held “in appalling conditions for 28 days with no evidence of wrongdoing.”
The Guinean government announced their arrests on April 22, saying at the time the arrests “followed suspicious activities” to evade a multi-jurisdictional criminal investigation into how the company won the rights to a massive iron-ore deposit in the country.
BSG said in the statement that they’re being held on “baseless allegations of so-called ‘passive corruption.’”
Says it all.
WSJ reports Yahoo board has approved a $1.1 billion deal — in cash — to purchase Tumblr.
Random journalism tip: When you’re in a new city, take public transportation. It’s a good way to run into—and maybe get tips from—the locals.