globalwitness – Press release / Oct. 26, 2015
Rubber giant Vietnam Rubber Group (VRG) has been expelled from the world’s leading forest certification body, the Forest Stewardship Council (FSC), following an investigation into illegal land and forest clearance in Cambodia. Responding to a complaint submitted by Global Witness last November, the FSC found that the state-owned company had illegally destroyed at least 50,000 hectares of forest for its rubber plantations in Cambodia alone, including wildlife sanctuaries and protected areas.
“The FSC investigation provides further evidence that VRG has destroyed some of South East Asia’s most important remaining forests, with indigenous communities forcibly displaced in the process, and is forcibly taking land from its rightful owners and destroying livelihoods – with untold and irreversible effects,” said Patrick Alley, a Founding Director of Global Witness. “The FSC has done the right thing by dropping them from its certification scheme. Now VRG needs to urgently take action to address the damage it has caused.” Continue reading “Vietnam Rubber Group stripped of Forest Stewardship Council certification for forest destruction, illegal land grabs and human rights abuses”
Hải Lý Thứ Năm, 7/9/2017, 07:40 (GMT+7)
Tổng số tiền thời điểm cao nhất mà tập đoàn Dầu khí gửi ở OceanBank lên tới 25.000 tỉ đồng. Ảnh: Đào Loan
(TBKTSG) – Có những số liệu và tầm quan trọng của chúng mà dư luận chỉ có thể biết được qua những ngày xét xử phiên tòa vụ án Ngân hàng TMCP Đại Dương (OceanBank). Theo ông Hà Văn Thắm, nguyên Chủ tịch hội đồng quản trị OceanBank, khai tại tòa có thời điểm tập đoàn Dầu khí (PetroVietnam) đã gửi ở ngân hàng này tổng cộng đến 20.000 tỉ đồng, chiếm khoảng 50% tổng vốn huy động của OceanBank. Còn ông Ninh Văn Quỳnh, nguyên kế toán trưởng PetroVietnam lúc bấy giờ và là Phó tổng giám đốc PetroVietnam sau này, vừa bị Cơ quan Cảnh sát điều tra Bộ Công an tống đạt quyết định khởi tố và bắt tạm giam ngày 31-8-2017, trả lời tòa tổng số tiền thời điểm cao nhất mà tập đoàn Dầu khí gửi ở OceanBank lên tới 25.000 tỉ đồng. Continue reading “OceanBank – ngân hàng sân sau của PetroVietnam”
Forbes Mar 13, 2017 @ 05:19 AM 341,975 12 Stocks to Buy Now
I am an intern with Forbes Asia. Opinions expressed by Forbes Contributors are their own.
Ten rupees Indian banknotes (Photographer: Dhiraj Singh/Bloomberg)
From South Korea’s presidential scandal to Malaysia’s 1MDB fund, not many Asian countries have been able to avoid the smear of corruption. But just how pervasive is the problem across the continent?
An 18-month long survey by Transparency International reveals there is much work to be done. After talking to more than 20,000 people in 16 countries, regions and territories in Asia Pacific, the report found more than one in four people have paid a bribe when using a public service.
Continue reading “Asia’s Five Most Corrupt Countries”
WF – The Vatican Bank is undergoing yet another series of reforms in an effort to shed the scandals of the past. Jules Gray looks at the history of the Catholic Church’s troubled financial arm
Cardinal George Pell during a sermon at the Papal Basilica of St Paul’s Cathedral in Rome, Italy
Author: Jules Gray – September 5, 2014
Perhaps more than any other, the Vatican Bank should be expected to maintain the highest of moral standards in the way it conducts its business. However, despite its saintly links, the bank that acts on behalf of the Catholic Church has developed a reputation for corruption, scandal and mismanagement over the last few decades.
Murder, bribery, suspicious deaths, money laundering, and many other nefarious acts have been linked to the bank that is officially known as the Institute for Works of Religion (IOR). Continue reading “A history of the Vatican Bank”