Transport Logistics International Inc. Agrees to Pay $2 Million Penalty

TLI conspired with others to corruptly pay more than $1.7 million to offshore bank accounts associated with shell companies, at the direction of, and for the benefit of, Vadim Mikerin, a Russian...

Global Icons who Laundered proceeds of corruption

According to a first of its kind report on ‘Ascertaining size of corruption in India with respect to money laundering’, an individual spent over Rs 2,000 as a cost of corruption...

Clarification of Bharti-Walmart on Lobbying expenses

Bharti Walmart has denied reports that the retail giant pressed U.S. lawmakers to help gain access to foreign markets. The allegation that a routine US lobbying disclosure form reflects improper conduct on...

The Walmart Story – Exposing lacunae in retail policies

In my last article, Read: Flipkart being investigated for FDI Violation I covered the way Flipkart could be flouting the FDI norms. This piece of information would be helpful in the wake...

Whistleblowing allegations against President of the NGO

Sometimes the CFAPs are called to work on the forensic accounting projects in the NGO sector. While i was talking to a friend who is often called to investigate the allegations...

Opening the swiss bank account – Truth or Myth

Arvind Kejriwal made a statement that opening the bank account in the Swiss bank account is much easier than opening a bank account in the State Bank of India. He also...

Incorporation of Swiss Company

After the expose of Arvind Kejriwal about the Swiss banking system and its ease of opening the accounts we found that a lot of our readers have cultivated interest in getting...

Swiss Banking disclosures by Arvind Kejriwal

On 9.11.2012, Anti-corruption activist made a press statement saying that there are Rs. 6000 crores in just 700 accounts in HSBC Bank.We have analysed the position of these allegations in line...

SEC Charges TYCO with making illicit payments to foreign officials

Securities and Exchange Commission today announced that it filed a settled civil action in the United States District Court for the District of Columbia against Tyco International Ltd. The complaint alleges...

Top Ten Things to Prevent the Corruption in India

Introduction Times of India poll on 7th May 2002 showed that corruption has emerged as the biggest problem facing the country today. A large section of population in India is poor and...

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