Power Corrupts. Who Governs Government?

Jesse Jackson Jr. has plead guilty to misusing campaign funds for personal expenses including a $43,000 gold-plated Rolex watch, Michael Jackson memorabilia and over $10,000 in children’s furniture.  Jackson’s wife is also charged with tax fraud and as a co-conspirator.  She resigned her position as a Chicago Alderman in January.  Jesse Jackson was recently elected … Continued

Global Corruption – Money, Power, and Ethics

On Tuesday, February 12th, Global Financial Integrity hosted a book launch and panel discussion on Corruption, Development and Democracy.  The panel, which included Professor Lester Myers, Michael Hershman of the Fairfax Group, Raymond Baker of GFI and Mr. Laurence Cockcroft (the author) covered a wide range of topics. One of the prominent themes of the discussion … Continued

UK Bribery Act: Can Universal Jurisdiction Act Affect You?

With a broad set of legal definitions and stiff penalties, the UK Bribery Act is often described as “the toughest anti-corruption legislation in the world”. But while UK-based enterprises and lawyers scramble to avoid the Act’s prosecutorial molars, the real worldwide fear is in reaction to the Act’s long-reaching and deadly fangs: universal jurisdiction. Achieving … Continued

Griffiths Energy Bribery Results in Massive Fine, Cancelled IPO

Calgary-based oil and gas exploration firm Griffiths Energy has seen a $2-milllion bribe paid to a diplomat’s wife turn into a damaging series of events that includes a cancelled IPO and a $10.35-million fine for bribery. After being charged under Canada’s Corruption of Foreign Officials Act, the company was forced to cancel “what would have … Continued