Executive/Government

Greece prepares reform bill ahead of first bailout review

The Greek parliament will vote this week on an omnibus bill cutting pensions, raising the retirement age and increasing punishments for Tax Evasion ahead of the country's first bailout review later this month.
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Key allies of disgraced China security chief jailed for graft

Chinese courts sentenced two key allies of disgraced former security chief Zhou Yongkang to jail on Monday, one for 16 years and the other for 13, after finding them guilty of Corruption, the latest officials felled in a sweeping anti-Graft campaign.President Xi Jinping has spent the past three years waging war on deep-seated Corruption, saying it threatens the very survival of the ruling Communist Party.Scores of senior officials in the party, the government, the military and state-owned enterprises have been brought down, including Zhou, jailed for life in June after a secret trial in China's most sensational Graft scandal in 70 years.
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Ex-Hong Kong leader charged with misconduct in public office

Hong Kong's former leader, Donald Tsang, was charged on Monday with two counts of misconduct in public office, the latest in a string of scandals that have ensnared senior business and former political figures in the financial hub. Tsang, 70, retired in 2012 after a high-flying career as a civil servant, serving as a senior official in the former British colonial administration and a former financial secretary.
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Nigeria's former oil minister Diezani Alison-Madueke arrested in London

Nigeria's former oil minister Diezani Alison-Madueke was arrested in London on Friday, a source from Nigeria's presidency circle and another with links to her family said.Alison-Madueke was minister from 2010 until May 2015 under former president Goodluck Jonathan, who was defeated by Muhammadu Buhari at the election in March.Buhari took office in May promising to root out Corruption in Africa's most populous nation where few benefit from the country's enormous energy resources.
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Tax-News.com: European Council Adopts Resolutions On Tax Transparency

The European Council has adopted a series of conclusions on tax transparency, arguing that there is a need for more effective cooperation between tax authorities. The Council said that it recognizes the progress made in pursuing the EU's agenda for fairer, more transparent, and more effective taxation.
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Tax-News.com: EU Explains Early Findings On Gibraltar Tax Ruling Regime

The European commission has newly published the letter that it addressed to the United Kingdom in October 2014 concerning the preliminary findings of its investigation into Gibraltar's tax ruling regime.
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Former Congo vice president Bemba, lawyer bribed witnesses, Hague court told

Former Congo vice-president Jean-Pierre Bemba went on trial at the International Criminal Court for obstructing justice on Tuesday after allegedly trying to corrupt witnesses in his war crimes trial still underway.Prosecutors say Bemba, whose trial for crimes against humanity opened at the Hague court in 2010, hoped flawed testimony would lead to his acquittal in that case. All the suspects in the second trial deny any wrongdoing.
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Malaysia PM critic detained for anti-democratic activities amid 1MDB scandal - report

A former senior member of Malaysia's ruling party has been detained for six days in connection with activities detrimental to parliamentary democracy, state news agency Bernama reported late on Saturday, citing a police director.
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Last chance for Brazil's Rousseff to save mandate - newspaper

Brazilian President Dilma Rousseff has one last chance to stem a growing political and economic crisis before being forced to step down, one of the country's leading daily newspapers said on Sunday
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Tens of thousands rally in Moldova against $1 billion bank fraud

Tens of thousands of Moldovans rallied on Sunday in the heart of the capital Chisinau in the biggest street protests in memory, demanding the resignation of the president and early elections over a $1 billion (659.20 million pounds) bank fraud that has hit living standards.
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