Official said the issue of tightening the tax laws is being considered by a committee.
Charles Sobhraj, the alleged serial killer, con man and prison escape artist who is serving a life sentence for murdering an American tourist in Nepal, may be up to his old tricks of bribery and manipulation to seek freedom.
Caribbean soccer officials are unhappy about the appointment of former FBI head Louis Freeh to lead FIFA's investigation into bribery allegations and have urged the ruling body to replace him.
Sepp Blatter was re-elected unopposed as FIFA president on Wednesday, promising to use his final four-year term for radical reform of a sport reeling from bribery and corruption allegations.
Finance Minister Pranab Mukherjee earlier this month approved the proposal for deputing the officials at the Paris-headquartered body as advisors.
Pakistanis were not as forgiving, saying the fiasco has hurt the South Asian country, already tainted by widespread allegations of government corruption, where cricket is a way of life and to many an expression of national identity.
Anjan Dutta-Gupta, 58, founder and president of Rhode Island-based technology services company Advanced Solutions for Tomorrow (ASFT) pleaded guilty to paying bribes to a civilian programme manager and senior systems engineer with the United States Navy's Naval Sea Systems Command (NAVSEA).
Describing former Chief Minister Digambar Kamat as a "habitual offender involved in corrupt practices", the Goa crime branch has alleged before a court in Panaji that he "actively participated" in the conspiracy and was among the beneficiaries in Louis Berger bribery case.
Ten people, including two former basketball players and a former assistant coach at the University of San Diego, have been indicted in connection with a scheme to fix games since 2008, US federal prosecutors said on Monday.
Mohamed Bin Hammam has failed in his bid to be reinstated as head of Asian soccer by the Court of Arbitration for Sport (CAS), the Asian Football Confederation (AFC) said on Monday.
Bhartiya Janata Party veteran leader Lal Krishna Advani on Saturday blasted Prime Minister Manmohan Singh for putting up "indefensible defence" of bribery his Congress Party paid to survive the trust vote in the Lok Sabha in July 2008, in the wake of the WikiLeaks expose by citing the 2009 elections as the answer to the charge.
A day after terminating the tainted VVIP helicopter deal with AugustaWestland, the defence ministry has set in motion the process of encashing the bank guarantee of nearly Rs 1,700 crore furnished by the Anglo-Italian firm.
Panicking at the sight of Central Bureau of Investigation sleuths at his doorstep, a customs official on Tuesday allegedly tried to set afire currency notes worth Rs 10 lakh, suspected to be received in bribe, after pouring whisky over them.
The Election Commission is deploying 'flying squads' in poll-bound Assam to monitor the expenditure of all political parties and to prevent the practice of bribing voters. These squads have the power to file FIRs and seize 'bribe' material including cash.These flying squads would not only monitor the campaign but also take direct action, apart from reporting the matter to accounting teams.
FIFA president Sepp Blatter will not see out his latest term of office following his re-election on Friday because he will be forced to resign, English Football Association chairman Greg Dyke told reporters on Saturday.
A young police officer heading the Agra police has come up with a novel idea to curb corruption among cops, with whom bribery is the order of the day.
Mohamed Bin Hammam of Qatar withdrew his candidacy to be FIFA president on Saturday, one day before he is due to face an Ethics Committee hearing into bribery allegations.
A German bank is on course to take legal proceedings against Formula One chief Bernie Ecclestone and his family trust fund for 345 million euros on account of the sale of its stake in Formula One.
An initiative of a Bengaluru-based organisation Janagraha, www.ipaid abribe.com is an interactive website where people, who've had to resort to bribery and corruption to sort out matters, can tell their stories anonymously.
The recent revelations of financial irregularities, as in real estate firms allegedly involved in a loan syndication bribery case and the 2G telecom licence scam, may impact credit flow.
Prime Minister Manmohan Singh, under attack from the Opposition over the WikiLeaks expose on the UPA's alleged cash for votes scam in July 2008, is expected to defend his government in Parliament today
The Government today said it has not directed public sector banks to cut exposure in real estate following the housing-finance bribery scam. "No why should we say this," Financial Services Secretary R Gopalan told reporters when asked if the government has given such directions to the state-run banks.
A Brazilian Senate committee investigating corruption in soccer will send three of its members to Switzerland and Miami to interview key players charged in a massive bribery scandal.
The Reserve Bank of Australia is embroiled in allegations of bribery to win foreign contracts. According to The Age, a Reserve Bank of Australia currency firm was willing to supply prostitutes and pay bribes to win contracts.
In the wake of the 2G acquittals, here are a few high-profile cases in which question marks were raised by various courts over the CBI's probe.
FIFA's ethics committee will investigate reported comments by the former head of England's Football Association claiming a Russian-Spanish bribery conspiracy over the 2018 World Cup bid.
Virginia-resident Bansal and his company AITC had pleaded guilty on April 27, 2010 to bribing public officials.
Venezuelan soccer official Rafael Esquivel has agreed to be extradited from Switzerland to face charges in the United States in an ongoing investigation into alleged corruption in the sport, the Swiss government said on Friday.
Corrupt practices are robbing the developing nations as much as $40 billion annually, even a fraction of which can fund treatment of over 6 lakh AIDS-affected people, according to the World Bank.
Sepp Blatter was re-elected president of FIFA for a fifth term on Friday after the only other candidate conceded defeat after a first round of voting in an election overshadowed by allegations of corruption in world soccer.Sepp Blatter was re-elected president of FIFA for a fifth term on Friday after the only other candidate conceded defeat after a first round of voting in an election overshadowed by allegations of corruption in world soccer. Blatter's victory came despite demands that he quit in the face of a major bribery scandal being investigated by U.S., Swiss and other law enforcement agencies that plunged the world soccer body into the worst crisis in its 111-year history. Neither Blatter nor Jordanian challenger Prince Ali bin Al Hussein got the necessary two thirds of the vote in the first round, with Blatter on 133 and Prince Ali on 73. Prince Ali later conceded. In a victory speech, Blatter declared: "Let's go FIFA, let's go FIFA," to a standing ovation. Speaking just before the vote, Blatter, who joined FIFA in 1975, said he felt that he had only been with the organisation for a short time and wanted to stay longer. "What is time anyway. I find that the time I have spent at FIFA is very short," he said. "The more one ages the more time flies by quickly. I am with you, and I would like to stay with you," he said to applause.
England's hopes of hosting the 2018 World Cup were rocked on Sunday when bid chief David Triesman stood down following a newspaper report in which he appeared to make bribery allegations against rival bidders.
World Cup sponsors are in an awkward position, experts said, because they are under pressure from consumers to distance themselves from any corruption, but such sponsorships are lucrative in the long term.
Corruption has become as way of life across the world, costing global economies billions of dollars every year.
LIC Chairman T S Vijayan on Friday said that V K Sharma will take over as the CEO of its housing finance arm, early next week. Sharma has been chosen to replace LIC Housing Finance CEO Ramachandran Nair, who was arrested by the CBI on charges of involvement in housing-loan bribery case on Wednesday.
Both Mahinda Rajapaksa and Modi have learnt from their past mistakes. Modi has understood that Rajapaksa is a 'forever politician' that India has to live with, observes Ambassador M K Bhadrakumar.
The Journalists Newspaper reported that the Greek champions' place in Europe's elite competition would be at risk if corruption claims against club president Marinakis were proven.
The delegation comprised DMK leaders R S Bharathi, T K S Elangovan and Tiruchi N Siva.
Major football sponsors on Friday issued coordinated calls for the immediate resignation of FIFA president Sepp Blatter in the most significant move by companies supporting the sport since a bribery and corruption scandal erupted at world football's governing body last May.
The probe agency sought nine days further remand of Michel for his custodial interrogation saying he was not cooperating in the investigation of the case.
Huang, also known as Wong Kwong-yu, was convicted by the Beijing No 2 Intermediate People's Court with also ordered confiscation worth 200 million yuan of his assets.