Tag: banking ethics
-
Ex-bank Officers Fined for Failing to Report Bribes from Law Firms
Two ex-bank officers penalized for failing to report bribes from law firms In a case that underscores the ongoing focus on compliance and anti-bribery rules in Malaysia, an Kuala Lumpur High Court judge, Nasir Nordin, handed fines totaling RM31,000 to two former bank employees who admitted they did not report bribes received from law firms.…
-
Luxury Watches, Jewellery and a Net of Fraud: Inside a NAB Allegation
The Case at a Glance A high-profile case has put the spotlight on luxury watches and jewellery linked to alleged fraud within Australia’s banking sector. Reports indicate an Australian National Australia Bank (NAB) employee is among those arrested and charged in connection with what investigators describe as one of the country’s largest fraud and money-laundering…