I have never found a culture that truly endorses straight-up bribery. There may be no culture which actually teaches that a suitcase full of cash privately given to an official in exchange for a benefit to which the payor is not legally entitled is a good thing, one that we should not deter even if we could.
Entries in Singapore (58)
Along with New York, London, and Hong Kong, Singapore now ranks as one of the world's most important financial centers. And to protect its new-found status, the tiny Southeast Asia country has cracked down hard on money laundering.
Another week, another fresh round of bribery allegations from Brazil.
The chief justice of Singapore's Supreme Court used a recent case to set out new sentencing guidelines for private bribery, especially when it involves services that have a strong nexus to the public welfare.
The Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force announced last month that it will jointly investigate market misconduct offenses such as insider trading and market manipulation.
U.S. Navy Lieutenant Commander Todd Dale Malaki admitted accepting cash, hotel expenses, and the services of a prostitute in return for providing classified U.S. Navy ship schedules and other internal Navy information to the boss of a Singapore-based defense contractor.
Freddie Kwiringira runs a safari business in Uganda. He has strong words about the local kleptocrats and the damage they're doing.
A civilian formerly working for the U.S. Navy as a contracting supervisor in Asia was arrested Tuesday in connection with the huge bribery scandal involving Singapore-based contractor Glenn Defense Marine Asia (GDMA).