Financial Transparency Coalition

Kicking off her visit to sub-Saharan Africa in Kenya, Secretary of State Hillary Clinton used her time there to speak pointedly about corruption, the same issue highlighted by President Obama in his trip to Accra earlier this summer. U.S. news coverage emphasized this feature of her visit, with a CNN article, Clinton in Kenya urges a cleanup of corruption, stating: “Secretary of State Hillary Clinton delivered a ‘tough but lovingly presented’ message to Kenya on Thursday: shun corruption and reform government.” Clinton drove home the economic consequences of corruption, arguing that: “This is not just about good governance...

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.