China’s first cryptocurrency corruption case captures former central bank official

China’s first cryptocurrency corruption case captures former central bank official

A crypto-friendly former official with China’s central bank has been accused of taking bribes through cryptocurrencies, in the first corruption case of its kind in the country as it cracks down on digital currency. China’s top corruption watchdog said Yao Qian – the People’s Bank of China’s first director of digital currency research, who went … Read more

CNA wins international award for scoops on Malaysia’s anti-corruption efforts

CNA wins international award for scoops on Malaysia’s anti-corruption efforts

Among the articles he won the award for were the seizure of former finance minister Daim Zainuddin’s flagship Ilham Tower by the anti-graft agency last year. The multi-million dollar commercial building in Kuala Lumpur city is one of the largest towers in the capital. Mr Lopez spoke to finance executives close to the former politician, who … Read more

China shocked to learn minor rust-belt official fled after ‘pocketing US$400 million’

China shocked to learn minor rust-belt official fled after ‘pocketing US0 million’

A former mid-level official from northeastern China has hit the headlines after allegedly amassing a fortune in illegal gains before leaving the country. Li Chuanliang, deputy mayor of Jixi in Heilongjiang province during the early 2010s, is accused of having pocketed as much as 3.6 billion yuan (US$423 million) in bribes and embezzled public funds. … Read more

China arrests former insurance executive as anti-corruption campaign sweeps finance sector

China arrests former insurance executive as anti-corruption campaign sweeps finance sector

According to the Supreme People’s Procuratorate, Li is accused of serious violations, including severe breaches of party discipline and abuse of power, following an investigation by the National Supervisory Commission that concluded in late September. Li is accused of ignoring regulations by accepting invitations that could compromise his impartiality, breaching organisational principles to benefit others … Read more

Arvind Kejriwal’s resignation: An attempt to distance from admin role, evade blame if AAP loses polls

Arvind Kejriwal’s resignation: An attempt to distance from admin role, evade blame if AAP loses polls

New Delhi: AAP national convenor Arvind Kejriwal’s announcement indicates an acknowledgement of people’s exasperation with a crumbling city administration and a growing realisation within the party that it would have to reinvent itself to hold onto its turf. The bail conditions imposed by the Supreme Court would have made it extremely difficult for Kejriwal to … Read more

China places former chairman of top aircraft maker AVIC under investigation for corruption

China places former chairman of top aircraft maker AVIC under investigation for corruption

Tan, 62, was removed from his post at state-owned giant AVIC in March 2023 for age reasons, according to the party’s personnel management arm. Tan, a native of Hunan province, is a technocrat trained in aviation engine design, manufacturing and engineering. He had spent two decades with AVIC, a conglomerate with over 100 subsidiaries and … Read more

China moves to ease low-level officials out from endless meetings, reports and red tape

China moves to ease low-level officials out from endless meetings, reports and red tape

During last month’s third plenum, China also announced plans to improve mechanisms aimed at reducing “pointless formalities and bureaucratism”. The published resolution emphasised the need to streamline meetings, documents and initiatives while curtailing community-level inspections and evaluations. It said there would be efforts to enhance the quality of research and make such activities less frequent. … Read more

Sanction for CM’s Prosecution: Governor meets activist as Congress watches his next move

Sanction for CM’s Prosecution: Governor meets activist as Congress watches his next move

Governor Thawarchand Gehlot on Tuesday met TJ Abraham, the anti-corruption activist who has sought prosecution of Chief Minister Siddaramaiah in site allotment case, sparking speculations of the Raj Bhavan making final moves before granting the sanction. The CM is facing charges of helping his wife Parvathi get 14 pricey residential plots in Mysuru, allotted by … Read more

China investigates executives of state-owned energy and finance companies

China investigates executives of state-owned energy and finance companies

Four current and former senior executives of China’s state-owned enterprises in sectors including finance and energy have been placed under investigation for alleged corruption. They are Zuo Zuqing, deputy director of the state-run China National Nuclear Corp’s capital operational centre; Chen Xiaopeng, former party secretary and director of the China Securities Regulatory Commission’s Shenzhen branch; … Read more

China’s Communist Party eyes cross-border bribery law to fill anti-corruption gaps

China’s Communist Party eyes cross-border bribery law to fill anti-corruption gaps

He did not give further details or plans for the legislation. Shen made the comments during a briefing a day after the party’s top policymaking body concluded its long-delayed third plenum, during which the party’s anti-corruption fight was highlighted. A full document with more policy details will be released in the coming days. 03:14 China’s … Read more