Tag Archives: anti-corruption

Rolls-Royce Faces China Bribery Probe

January 7, 2013

Uh oh. Stop me if you’ve heard this story before: foreign multinational, State-dominated industry sector, and State-owned enterprises. Corruption? You better believe it’s possible. We won’t know whether this particular smoke will lead to an actual fire, but at this point, it doesn’t look like the allegations concerning bribes from Rolls-Royce to an executive at […]

Weekend Reading: the FCPA Bible

November 16, 2012

If you’re like me, you just can’t get enough of the U.S. Foreign Corrupt Practices Act (FCPA). I supplement my reading of FCPA law journal articles with FCPA anecdotes from multinationals, blog posts, newsletters . . . heck, even FCPA fan fiction, television series, movies and off-color haiku verse. So I was very pleased to […]

Rule of Law Implications of Huang Guangyu Trial?

April 23, 2010

The corruption trial of former appliance tycoon Huang Guangyu, who was once China’s richest man, has finished and a verdict is pending, a lawyer involved in the case said on Friday. [ . . . ] Huang . . . built his Hong Kong-listed GOME Group into one of China’s largest electronics and appliance chains […]

Rio Tinto Aftermath: Why It’s A Good Idea To Wait For (Written) Verdicts

April 19, 2010

Bribe-taking among Rio Tinto’s Shanghai iron ore executives was more extensive than previously thought and may have undermined the company’s revenue, court documents show. Judge Liu Xin’s written verdict in the trial of Australian Stern Hu and three Chinese colleagues lays out in forensic detail how they sought, received and sometimes laundered huge personal gains. […]

Some Thoughts on the Rio Tinto Verdicts

March 29, 2010

This is the top China story of the day, and since it also involves a legal topic, I sort of feel obligated to chime in. Despite the copious amount of press coverage, though, I don’t really think this case is all that important in the grand scheme of things. I can’t say that I agree […]

China Corruption Museum – This is Really Going to End Badly

March 28, 2010

You gotta admire the balls on this guy: A planned anti-graft museum in southwest China is asking the public to nominate the 100 most corrupt officials of the past century, state media reported Saturday. Fan Jianchuan, who operates a private museum in Chengdu, said he started collecting artifacts for his “Traitors Museum” after Internet users […]

China’s Naked Government Experiment Is Revealing

March 16, 2010

I was skeptical of this initiative. Having local government officials publish expenditures online would make for some decent BBS and blog chatter, but little of real interest would be revealed. All the good stuff would no doubt be hidden away from public view in the “real” accounting books. So here’s how the whole thing works: […]