As we come to the end of the month, it’s time, once more, to reflect back on what were the biggest anti-bribery stories. Read about the stories below and then vote which one you think was the most significant.
- GlaxoSmithKline China Scandal – Chinese authorities have arrested as many as 30 GlaxoSmithKline (GSK) employees as part of a government probe pertaining to allegations of bribery by the company. The probe is reportedly part of a larger crackdown on the healthcare industry in China.
- Dodd Frank Rules Subject to Judicial Scrutiny — In a ruling issued on July 2, the DC District Court vacated the extractives industry payment disclosure rule, adopted pursuant to Section 1504 of the Dodd-Frank Act. The same court, later in the month, upheld the newly adopted Conflict Minerals Rule, however, which imposes certain disclosure requirements for companies that use “conflict minerals” originating in and around the Democratic Republic of the Congo.
- Indonesian Enforcement Agency Wins Recognition. The Commission for the Eradication of Corruption, Indonesia’s independent anti-graft body, won a 2013 Ramon Magsaysay Award, which is sometimes called the Asian equivalent of the Nobel Prize. The Commission for the Eradication of Corruption has prosecuted nearly 100 government officials and others since its first investigations in 2003. Recipients will receive a cash prize of $50,000.
- Bo Xilai Indicted. More than a year after being forced to leave office, Bo Xilai, Chinese Communist Party Secretary of Chongqing, has been indicted by Chinese authorities on allegations of abuse of power and bribery. Xilai was once a rising star in the Communist Party and his indictment is widely seen as the most high-profile case of corruption in Chinese politics in recent memory.
- Transparency International publishes annual Global Corruption Barometer Index. Transparency International, the international anti-bribery group, published this month its annual Global Corruption Barometer. The survey questioned 114,000 respondents from 107 countries. Overall, more than one in four respondents reported having paid a bribe in the last 12 months.
- OECD Names New Anti-Bribery Chair. The Organization of Economic Cooperation and Development’s Working Group on Bribery named Drago Kos to be its next chairman, beginning January 1, 2014. Kos replaces Mark Pieth, who’s served as chair of the bribery working group since 1990.