Bribery

Impact of bribery on growth is huge: OECD

The cost of bribery and its impact on economic growth is huge, Nicola Bonucci, head of legal affairs at the Organization for Co-operation and Development, said on March 6.

"What is clear is that whatever the sector we are talking about, the costs are huge," Bonucci said, speaking at the G-20 conference presided over by Turkey in Istanbul.

Ex-CFO Siemens suicide shrouded in mystery

The apparent suicide of Heinz-Joachim Neuburger, former chief financial officer of Siemens, this week is still shrouded in mystery. The man was found dead under a railroad bridge in Munich, says one source. The Munich police confirmed that a person apparently jumped from Grosshesseloher Bridge, but they did not disclose the identity of that person or confirm if it was indeed Neuburger.

Ex-Siemens Chief Heinz-Joachim Neuburger commits suicide

Ex-Siemens chief Heinz-Joachim Neuburger, aged 62, was found dead. Reports say that he committed suicide. The timing of his death following the meeting between Finance Minister Yanis Varoufakis and his German counterpart Wolfgang Schauble is seen as a point of interest. During this meeting, a Greek journalist dredged up the bribery scandal again in  a question.

Turkey’s G20 presidency and corruption

As of Monday, Dec. 1, Turkey took over the presidency of the G20 from Australia. About 15 days ago, Turkey announced in Brisbane that its priorities would be investment, energy, trade, participatory development, climate change, SMEs and integrating developing countries into the world economy.
 
However, there is one more issue that was dropped “into its lap”: Corruption.

Bribe-taking eye doctor handed 12-month suspended sentence

A court in Katerini, near Thessaloniki, gave a 12-month suspended jail sentence to an ophthalmologist on Friday after he was found guilty of accepting a 300-euro bribe in order to speed up a patient’s operation.

The 51-year-old doctor, who is the head of the ophthalmology department at Katerini Hospital, was arrested after the son of the 66-year-old patient notified police.

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