We Americans sometimes think that because we have the FCPA and activist enforcement agencies, we also have a monopoly on the fight against corruption. Not true. There are people all over the world standing firm against graft. No matter where, it's dangerous work. But there was plenty of courage and persistence on display in 2013 beyond our borders.
Entries in Liu Zhijun (9)
The latest mistress scandal to tantalize China involves Fan Yue, a deputy director at the State Administration of Archives.
Zhang Xinhua, the manger of Guangzhou-based Baiyun Nonggongshang United Co Ltd, is under investigation for accepting nearly $16 million in bribes and embezzling state assets worth $39 million. He illegally sold state land and property to private investors in exchange for the bribes. Zhang also established Guangzhou Guangtian Property Co., Ltd and Guangzhou New Yu Tian Property Co., Ltd to steal state assets from Baiyun through fake deals. http://house.southcn.com
The SEC is investigating whether JP Morgan Chase violated the FCPA by hiring two children of Chinese officials to win business.
A Beijing court has given China's former railways minister a two-year suspended death sentence for bribery and abuse of power for his role in a huge corruption scandal.
China's former railways minister has gone on trial for bribery and abuse of power.
An investigation spanning more than two years culminated last week in official corruption charges against former railways minister Liu Zhijun (pictured).
Xu Yusho, one of the richest people in China, has been arrested on suspicion of paying bribes to win lucrative contracts with the Ministry of Railways.
Editor's note: The FCPA Blog's senior journalist Chua Guan Cheong is in Beijing covering the 18th National Congress, which began on November 8.