Financial Transparency Coalition

ZURICH (Reuters) - The United States and Switzerland are expected to reach a final settlement on Friday to end a tax row against giant UBS, but details of the deal won't be made public the same day, sources familiar with the situation said.

The Ethiopian Review: Earlier this year, Halliburton agreed to pay nearly $560 million in fines to the federal government to end an investigation into its former subsidiary, KBR, and its involvement in bribing Nigerian officials to get construction contracts. It was reportedly the largest fine ever paid by a U.S. company in a foreign bribery investigation.

LUANDA (Reuters) - Anti-corruption campaign group Global Witness has accused Angola of cronyism, saying the owners of a private firm that is bidding for oil concessions appeared to be top officials.

The curse of exchange controls could be to blame for so many of South Africa's otherwise astute rich falling for Barry Tannenbaum's wiles. It seems Tannenbaum offered investors a conduit called transfer pricing to take their money out of the country. The aim was to shift offshore some of the enormous profits he promised them.