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ON THE MONEY TRAIL: Corruption in the news - Feb 22

Source: Thomson Reuters Foundation - Fri, 22 Feb 2013 17:34 GMT
Author: Thomson Reuters Foundation
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MADRID - As a financial scandal engulfs the Spanish royal family and politicians begin to call for his abdication, Spain's King Juan Carlos faces one of the worst weeks in his 37-year reign, with prosecutors set to ask a judge to formally name his daughter Princess Cristina as a suspect in a multimillion-euro fraud and money-laundering case, the Guardian reports. The request, which would be a preliminary step to a possible indictment, is poised to be made next week and will be based on the testimony of Diego Torres, a former business school lecturer who became the partner of Cristina's husband, Iñaki Urdangarin, it said.

JAKARTA – Indonesia's anti-graft commission has named the head of the country's ruling party a suspect in a corruption case and banned him from leaving the country, the Associated Press reports. The chairman of President Susilo Bambang Yudhoyono's Democratic Party, Anas Urbaningrum, is accused of receiving payments in connection with the construction of a sports complex in West Java. It is the latest blow to the party and to Yudhoyono, its founder, who ran as "Mr. Clean" in his 2009 re-election campaign.

BEIJING - Former England captain David Beckham is being lined up to promote Chinese football, state media said Friday. But fans say rebuilding the sport’s shattered image may be too big a challenge even for him, Dawn website reports Officials have confirmed the superstar will make a highly anticipated tour of China and be appointed the Chinese Super League’s ambassador, the state-run China Daily said.  Sports fans said installing Beckham — currently with French club Paris Saint-Germain — as an “international ambassador” will do little to address the core problems of the competition, which is battling to overcome match-fixing and bribery scandals. Chinese football will become even more rotten. Its prospects are bleak,” said one poster on Sina Weibo, China’s version of Twitter.

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