Here in the good old USA bribery is a science and so well rationalized that hardly a public official does not have his hand in the till. The lawyer disciplinary commission in Illinois (and I assume nationwide) is very interesting. People have looked into the finances of Jerome Larkin (the administrator). They concluded from looking a public records (such as the track book) that his financial affairs made the Clinton foundation antics look pure as the driven snow. Illinois requires public officials to make public their finances (ethics filing). Of course Larkin does not appear to file one. I say appear because no one seems to be able to find this public filing, and a call to the IARDC for a copy results in a denial.
However - this is Cook County, Illinois. This is County in which is famous for the Greylord Scandal and the assaults on the First Amendment, Rule 8.3, 18 USCA 4 and the elder cleansing cover-up. Illinois is keeping the Federal prison system solvent as we provide Governors and other political figures on a regular basis for occupancy and in recent memory more than a score of Judges, several score lawyers, a bunch of court officials, ******.
Here in Illinois we are the major league when it comes the bribery. We are sophisticated - the white envelope stuffed with 100 dollar bills is child's play. Campaign contributions, no work jobs, bargain purchases ***** are our style. The IRS has to use cost of living analysis to ferret out the inventive ways that money passes, and with the cover-up in full operation it is rare that the Fed gets too much help from the public. The current McDonald scandal is so typical of Cook County. It is an object lesson even to the obvious misconduct being pushed off the cover of the newspaper by an horrific event somewhere else. (No I do not accuse our Mayor of having anything to do with the California shootings)
Ken Ditkowsky
Ken Ditkowsky
Corruption Currents: 75 Million People Pay Bribes in Africa
A daily roundup of corruption news from across the Web. We also provide a daily roundup of important risk & compliance stories via our daily newsletter, The Morning Risk Report, which readers can sign up for here. Follow us on Twitter at @WSJRisk.
Bribery:
In Africa, 75 million people pay bribes, according to a new Transparency International Report. It’s on the rise across the continent: South Africa fared the worst in the report, followed by Ghana. Seventy percent of people in Kenya think government isn’t seriousabout fighting corruption. After cops, business executives are seen as the most corrupt people in Africa. (press release, press release, Quartz, AFP, GhanaWeb, BBC)
Jack Warner filed an appeal against his extradition to the U.S. to face charges in the FIFA probe. (Jamaica Observer)
The embattled president of the Brazilian soccer confederation is under investigationfor marketing deals with a major carmaker. He couldn’t be reached for comment. The former chief is having trouble making bail. (AP, AP)
Cybercrime:
Money Laundering:
Nigeria may blacklist banks that enable money laundering, a top official said. (Nation Nigeria, ChannelsTV)
A former Guinean president pleaded guilty to attempting to smuggle $64,000 in cash into the U.S. (BBC, press release)
HSBC HSBA.LN -1.19% will wind down its private banking business in India after the Swiss Leaks scandal. (Economic Times, Hindu)
Sanctions:
A profile of a U.S. sanctions target is here. (BI)
Terrorism Financing:
Russia says it has evidence that Turkey is buying oil from Islamic State, and Turkey’s president is personally benefiting from the trade. The Turkish president denied the allegations. (USA Today, Reuters)
Islamic State wrings money from those it rules, and it has Libyan ties for fallbackoptions. Follow the group’s arms deals here. (NY Times, NY Times, AFP, Financial Times)
Whistleblowers:
The National Whistleblowers Center found itself the subject of a whistleblower’s complaint. (NY Times)
The British American Tobacco BATS.LN -1.06% tipster said he will hand over his evidence to the SFO. Documents can be seen here. Transparency International is “very concerned.” (Financial Times, BBC, press release)
General Anti-Corruption:
New York Gov. Andrew Cuomo tempered hopes for ethics reform after the conviction of a legislative leader. (NY Times)
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