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On the Money Trail - Jan. 28

Source: Thomson Reuters Foundation - Tue, 28 Jan 2014 15:55 GMT
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Ex- Romanian sports minister for the high jump after bribery conviction...

BUCHAREST - Romania’s former sports minister Monica Iacob Ridzi has been sentenced to five years in jail for corruption and abuse of office, Romania-Insider reports. Romania’s highest court sentenced Ridzi to jail for illegally handing out over-valued contracts to private firms, costing the government around 650,000 euros ($889,000) in 2009, the news website said.

Crime does pay for Greek health and education ministries...

ATHENS - The Greek ministers in charge of the finance, health and education ministries are expected to meet today to discuss how to disburse 17.3 million euros ($23.7 million) recovered from those convicted of economic crimes against the state, The Greek Reporter said. The majority of the 17.3 million euros originates from the accounts of defendants charged with bribery in Greek arms deals.

Thai anti-graft squad to probe PM in rice scandal...

BANGKOK - Thailand’s National Anti-Corruption Commission (NACC) resolved on Tuesday to probe caretaker Prime Minister Yingluck Shinawatra's management of a controversial rice-pledging scheme, The Bangkok Post reports. The inquiry by the anti-graft agency will seek grounds to file formal charges and initiate impeachment proceedings against the caretaker prime minister, the newspaper added.

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