News Analysis Evergrande’s spiraling debt crisis, and the global unease its woes have fomented, are largely due to mismanagement and deceptive practices on the part of Chinese Communist Party (CCP) leadership who have pursued policies without regard for the complex interplay of market forces in Asia, according to observers. Any attempt to chart a way…
CCP Mismanagement to Blame for Evergrande Crisis, Business Experts Say
Delaware State Auditor Indicted on Corruption Charges
The top Delaware official in charge of rooting government fraud and abuse was indicted on Oct. 11 on public corruption charges. State prosecutors charged Delaware Auditor of Accounts Kathleen McGuiness with felony counts of theft and witness intimidation as well as three misdemeanor counts, according to an indictment (pdf) made public on Monday. Among other allegations, McGuinness…
Shorten Calls for Federal Anti-Corruption Body After IBAC Claims Victorian MP
Former Australian Labor Party (ALP) leader Bill Shorten has renewed calls for a federal level anti-corruption watchdog after Victorian Labor minister, Luke Donnellan, resigned on Oct. 11, just hours after he was named in a public inquiry into “branch stacking” in the state. Shorten said the evidence presented during the first day of hearings highlighted…
Lawmakers Introducing Legislation Targeting Enablers of International Corruption After Pandora Papers Findings
A bipartisan group of lawmakers is set to introduce new legislation aimed at stopping enablers of international corruption in response to the findings highlighted in the Pandora Papers investigation. The Establishing New Authorities for Business Laundering and Enabling Risks to Security (ENABLERS) Act would make it harder for “kleptocrats” across the globe to launder money…
Corruption Trial of Vatican Cardinal Postponed After Prosecution’s Reluctance to Provide Evidence to the Defense
VATICAN CITY—The historic corruption trial of a Cardinal of the Catholic Church—the former #2 in the Secretariat of State—resumed on Oct. 5 after a nearly three-month adjournment, with the refusal of the prosecution to provide to the defense audio and video evidence dominating the proceedings. As reported by Epoch Times in July, Pope Francis had…
Ex-Mayor, Elected at Age 23, Gets 6 Years in Corruption Case
BOSTON—A former Massachusetts mayor, once a rising Democratic star after being elected at just 23-years-old, was sentenced to six years in prison on Tuesday after being convicted of extorting hundreds of thousands of dollars from marijuana businesses that wanted to operate in his city. Former Fall River Mayor Jasiel Correia showed no emotion as the…
Soccer-FIFA to Receive Over $201 Million in Compensation From Corruption Probe
FIFA, world soccer’s governing body, will receive $201 million in compensation for losses sustained in global soccer corruption schemes, the U.S. Department of Justice (DOJ), said on Tuesday. The money was seized from the bank accounts of former officials who were involved in the schemes and then prosecuted following a probe into years of corruption…
Disgraced DEA Agent Sentenced to 13 Years in Corruption Case
NEW ORLEANS—A prolific narcotics agent was sentenced on Thursday to more than 13 years behind bars for stealing money from suspects, falsifying government records, and committing perjury during a federal trial. U.S. District Judge Jane Triche Milazzo said the longtime U.S. Drug Enforcement Administration (DEA) agent, Chad A. Scott, caused “far reaching” damage “to the…
Public Service Should Be a Noble Calling, Not a Road to Riches
Commentary There should be something noble about public service. Instead, many have seen it as their road to riches. The city of Bell, California, has become legendary for fiscal abuse. If a defined benefit pension benefit formula (as high as 90 percent) is based on one’s final year of salary, then why not inflate or…
Frustrated Rescue Volunteers Blame Henan Local Authorities for Inaction, Corruption
As people throughout in China’s Henan provinces begin to clean up after the disastrous floods, civilian rescue teams are being turned away from offering help. Coordinators and members of the teams say that Chinese Communist Party (CCP) officials are impeding rescue efforts and endangering civilian lives. The CCP municipal Secretary of Weihui City, Nie Changming,…
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