Corruption Currents: Congress Abandons Effort to Block ZTE Deal

Bribery:

The chief executive of Citgo was ordered to surrender his U.S. visa as prosecutors investigate bribery by its parent, Venezuela’s state-owned oil company. (AP)

A federal judge rejected a former Hong Kong minister’s bid to toss FCPA charges. (SCMP)

A former Chinese provincial official was sentenced to 15 years in prison for bribery. (Xinhua)

Cybercrime:

Security agencies are probing connections of Russians indicted in the U.S. special counsel’s probe in a Macedonian fake-news outfit. (BF, OCCRP)

A policy brief explains Russian cyber operations. Republicans refused to renew election-security funding. Who will the Russians help next? Microsoft says three campaigns already were hacked by Russia. (NSA, WP, Politico, CNN, BF)

Money Laundering:

Singaporean regulators plan to ramp up their measures to fight money laundering and terrorist financing. Gems and metals dealers face new scrutiny. (BT, ST, SBR, TNP, BT)

There was a 95% drop in all-cash,

... read more at: https://blogs.wsj.com/riskandcompliance/2018/07/20/corruption-currents-congress-abandons-effort-to-block-zte-deal/