Financial Transparency Coalition

In a study conducted between November 2010 and February 2011 on ill-gotten money and the economy, the Financial Integrity team looked at the experiences of Malawi and Namibia. We approached the project with an open mind and without any assumptions, finding that for Malawi, corruption and tax evasion as a percentage of GDP represent a significant drag on economic development.

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.

Bloomberg -- The Namibian government is asking for “cooperation and assistance” from the son of China’s president in a probe involving a Chinese maker of security scanners, according to Paulus Noa, director of the African country’s Anti-Corruption Commission.

The Australian: THE son of Chinese President Hu Jintao has been dragged into a corruption scandal in Africa involving a security scanning company, Nuctech, which he headed until last year.