Financial Transparency Coalition

US DOJ -- Two dual Afghan/U.S. citizens today pleaded guilty for their roles in a scheme to offer $1 million in bribes to a U.S. Army contracting official in Afghanistan.

Global Financial Integrity applauds Mr. Khuzami’s plan to reorganize the enforcement arm of the SEC and maximize the agencies powers in an effort to enforce laws already on the books that require corporations to be accountable for their illegal actions on the national and international level. The SEC has not provided additional detail on the five specialized investigative groups, but we hope that trade mispricing is included in the scope of the investigative group responsible for market abuses by big traders. Approximately 60% of global trade is now conducted within subsidiaries of the same multi-national corporation -...

Bloomberg -- Anti-graft authorities in Namibia said they widened a corruption probe into a domestic company that allegedly received payments in return for influencing the award of government contracts.

William Jefferson's federal corruption trial will forever and always be remembered as the one about the guy with the cash in his freezer.