Tag: corruption

Transparency, such as publishing details of fishing licences, must be improved to eradicate illegal fishing and prevent the collapse of Ghana’s fishing industry, according to a new report by the Environmental Justice Foundation (EJF) and Hen Mpoano, under the EU-funded Far Dwuma Nkɔdo project.

Vietnam's Investigation Police Agency has arrested two executives from the almost-bankrupt state-owned shipbuilding company 'Vinashin' over charges of embezzlement. Truong Van Tuyen and Pham Thanh Son encounter legal proceedings for 'abusing position' to transfer funds for individual use.

Corruption and “greenwashing” show rising trends in most sectors in year 2018 with shipping industry not being excluded. Ship owners, Port officers, Ship Registries, Classification Societies, recycling yard owners and scrap dealers are said to being involved in “Greenwashing” operations, trying to circumvent the international maritime legislation to their own benefit.

Brazilian prosecutors announced earlier this week that major oil traders Vitol, Trafigura and Glencore had paid over $30 million in bribes to  Petrobras employees. Petrobras employees offered these companies lower prices for oil, along with storage tanks, in more than 160 separate operations.

Liberia has become the first vessel to be admitted to the Maritime Anti-Corruption Network as an associate member. Liberia has earned international respect for its dedication to flagging the world’s safest and most secure vessels. 

The Inter-Governmental Action Group against Money Laundering in West Africa will conduct a Regional Conference on Combating Money Laundering in the Maritime Sector in Freetown, Republic of Sierra Leone, from October 24 to October 26. The program aims to strengthen the ability of law enforcement officials regarding financial crime.

Maritime Anti-Corruption Network (MACN) received the SAFETY4SEA Sustainability Award, sponsored by UMAR, for working towards the vision of a maritime industry free of corruption that enables fair trade, creating a culture of integrity within the maritime community through collaborative action.

IMCA announced the upcoming launch of a 'Doing Business Without Bribery' e-learning module. This tool aims to train, explain, and encourage anti-bribery and corruption best practice. The tool will help operatos with more limited in-house compliance training capabilities.

Petrobras agreed with US and Brazilian authorities to pay $853.2 million in penalties to resolve the US government’s investigation into violations of the Foreign Corrupt Practices Act in connection with Petrobras’s role in facilitating payments to politicians and political parties in Brazil, as well as a related Brazilian investigation. 

In a recent paper, UNODC focused on different examples of fisheries crime to illustrate its various methods, its extent and its economic value. Fisheries crime relates to a range of illegal activities in fisheries, including illegal fishing, document fraud, drug trafficking, and money laundering.