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Corruption Currents: KPMG Rejects Allegations of Role in South African Scandal

The KPMG logo is seen at their offices at Canary Wharf financial district in London.
The KPMG logo is seen at their offices at Canary Wharf financial district in London. Photo: Reuters



Papua New Guinea’s general election descended into chaos after voting was suspended in the capital amid accusations of bribery and faked ballot papers. (Guardian)

European soccer introduced new anti-bribery rules. (AP)

Testimony began in the bribery trial of a Macau billionaire. (Reuters, CNS)

A Singaporean executive was jailed for bribery. (ST)


The global cyberattack last week was aimed at Ukraine's infrastructure, the country's top police official said. Ukraine seized the equipment used to launch the attacks and blamed Russian security services for it. (Reuters, Reuters, Reuters)

Despite the allegations of hacking, U.S. tech companies sought to keep ties with Russia's spy service. (Reuters)

The U.S. jailed a Pakistani man for laundering proceeds linked to a hacking scheme. (OCCRP)

An attempt to establish norms for cyberconflict failed. (CFR)

Money Laundering:

KPMG rejected allegations it allowed a family close to the South African president move public assets to pay for a wedding. (Moneyweb, Daily Maverick, Bloomberg)

Malta missed a deadline to put in place rules that implement the 4th European Anti-Money Laundering Directive. The chief of the financial intelligence unit was fired, a lawmaker claimed. (Times of Malta, Times of Malta)

Singaporean authorities said they found nothing in the latest allegations against 1MDB that warrants further action. (CNA)

Iranian hardliners are using the latest FATF decision as political ammunition. (Al Monitor)

Tanzania's top soccer official was charged with money laundering. He denied the allegations. (Xinhua)

A Staten Island man is charged with money laundering as part of a plot to sell undercover agents a rocket launcher. (Daily Mail)

Cayman authorities made a second arrest in an investigaiton. (Cayman Compass)

Filipino authorities picked up a tax-evasion case. (Inquirer)

Macau casinos are reporting more suspicious transactions. (CND, Casinopedia)

A bitcoin trader in Arizona was charged with money laundering. (CoinDesk)

PEPWatch: The daughter of a jailed former Peruvian president testified in a money-laundering case. (LAHT)


Beijing lashed out at U.S. sanctions over links to North Korea, saying it opposes all non-U.N. measures. An ex CIA agent said they were long overdue. (BBC, Vox, Reuters, CNBC)

Russia extended its counter-sanction on the European Union. (P0litico)

Terrorism Finance:

ISIS has seen its income drop by 80% in two years. (NBC)


Shell companies are behind a recent high-profile foreclosure. (Village Voice)

Indian money parked in Swiss banks dropped. (PTI)


The head of the SEC's whistleblower office told companies to be careful of what they wish for from the Supreme Court. (NLJ)

A U.N. panel rejected the claims of a tipster. (GAP)

A Fannie Mae whistleblower lost her appeal over a wrongful termination suit. (Reuters)

General Anti-Corruption:

A Chinese billionaire who donated funds for a Filipino drug rehab center is under a Beijing-led graft probe. He didn't appear to be contacted. Meanwhile, China completed its corruption inspections of 31 universities. (PhilStar, Xinhua)

Marine Le-Pen was placed under formal investigation for allegedly diverting European funding meant for members of parliament to political work. She denied the allegations. (BBC)

Thailand is looking for more power to ban corrupt officials. (Bangkok Post)

Customs: A number of Nigerian customs agencies, while fighting over who was to blame for graft at the ports, agreed to set up a committee to tackle the problem. Malaysia's customs chief is taking a zero-tolerance approach. (Vanguard, Malay Mail)

The Sicilian mafia is moving to Germany. (Guardian)

Five former Hong Kong soccer players were charged with match-fixing. (SCMP)

Is President Donald Trump hurting the global fight over kleptocracy? (Intercept)


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