Financial Transparency Coalition

Auditors Face Fraud Charge Wall Street Journal, December 20, 2010

BAE to admit failure in accounts records Financial Times, December 20, 2010

WikiLeaks cables: Sudanese president 'stashed $9bn in UK banks' The Guardian, December 18, 2010

High street stores hit in day of action over corporate tax avoidance The Observer, December 19, 2010

Germany raises 1.6 bln euros from tax evaders AFP, December 18, 2010

Rock of wages: online gaming keeps Gibraltar's residents at work The Guardian, December 19, 2010

Clegg wants full tax transparency Isle of Man Today, December 20,...

MEP Accepted Award at Gala Dinner in Washington, DC WASHINGTON, DC — Friday evening, Global Financial Integrity (GFI) presented its 2010 award for Exemplary Leadership to European Parliament Member Eva Joly in honor of her tireless work against corruption and fraud. Ms. Joly accepted the award at a gala dinner held in her honor at a private club Friday evening, December 10, 2010 in Washington, DC. “Ms. Joly’s career is distinguished and defined by her work against corruption,” said...

Before the end of the week, former United States Vice President Dick Cheney will be indicted by Nigerian officials in connection with the long-running bribery investigation into Halliburton Company. According to Bloomberg News:

Indictments will be lodged in a Nigerian court “in the next three days,” Godwin Obla, prosecuting counsel at the Economic and Financial Crimes Commission, said in an interview today at his office in Abuja, the capital. An arrest warrant for Cheney “will be issued and transmitted through Interpol,” the world’s biggest international police organization, he said.

Furthermore:

Global Financial Integrity Applauds Shareholder Initiative

WASHINGTON, DC--Global Financial Integrity (GFI) applauds Harrington Investments, Inc.’s decision to file shareholder resolutions with Citigroup, Bank of American and JPMorgan Chase, calling for the adoption of a policy position addressing the systemic use of the U.S. financial system to both shelter illicit funds and transfer them internationally. The shareholder resolution follows a difficult year in which we saw Wachovia Bank sanctioned for laundering millions of dollars for South American drug cartels, HSBC agreeing to sanctions from the U.S. Comptroller of the Currency for failure to maintain adequate anti-money laundering programs, and the...