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On the Money Trail - Jan. 15

Source: Thomson Reuters Foundation - Wed, 15 Jan 2014 16:59 GMT
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BUCHAREST - A recent media campaign revealing the illegal practice of raising funds for school and class gifts has led Romania’s Education Ministry to decide to create an ethics code for the school system, Romania Insider reports. The issue was thrust into public view by a leaked video of a teacher asking parents for money and holiday gifts, the news website said. The code will aim to fight corruption in schools, and teachers who do not respect it will be punished and banned from teaching, Romania Insider said.

MANILA - The Philippines has launched anti-corruption reforms including cashless and checkless government transactions that President Benigno Aquino III says will cut the risk of the money falling into wrong hands and improve budget management, the Associated Press reports. The goal is "to institutionalize reforms that make it very difficult for unscrupulous individuals to steal from the people regardless of who sits in office," the AP quoted Aquino as saying.

NEW DELHI – India’s anti-graft squad, the Central Bureau of Investigation, will soon set up a specialised unit to handle cases related to sports fraud, fixing and illegal betting, The Hindu reports. Making the announcement, CBI Director Ranjit Sinha highlighted the lack of a legal framework as the main hurdle in probing sports fraud, the newspaper said.

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