Corporate law

The Senate adopted, on Monday, the draft law initiated by the Government to amend Law no.

Minister of Transport and Infrastructure Catalin Drula rescinded today an order from 2014 that made inviting the representatives of the 'Unitatea' Metro Free Trade Union - USLM to the meetings of the Metrorex Board of Directors mandatory. "The first measure recommended by the Control Body in the Metrorex case has been carried out.

In late January, Calovic Markovic, for years a thorn in the side of the DPS, was named as one of two civil society representatives on a newly-created National Council for the Fight against High-Level Corruption.

Ljubljana – The shareholders of energy group Petrol appointed new supervisors on Monday and voted against a proposal to take legal action against the former management for alleged damages over multiple high-profile transactions.

Two current supervisors – chief supervisor Sašo Berger and Mladen Kaliterna – received new terms.

Political elites and their grip on power are the main driving force behind state capture in the Western Balkans and Turkey, a new Transparency International report asserts.

The report, "Examining state capture", published on Tuesday, notes "two key enabling factors of state capture in the Western Balkans and Turkey: impunity for high-level corruption and tailor-made laws".

President Klaus Iohannis sent a message on Wednesday on the occasion of the International Anticorruption Day, stressing that the phenomenon of corruption must be fought "firmly" by the institutions responsible for the "health of the state and society." He noted that the International Anticorruption Day, established by the United Nations Convention against Corruption, brings to mind that everyon

Greece's chief corruption prosecutor, Eleni Touloupaki, who is facing investigation over the judicial handling of the Novartis bribery probe, claims to have been a victim of "a coordinated attempt at moral extermination." 

The new National Defence Strategy for 2020-2024 reiterates Romania's "commitment" to the rule of law, with the document categorizing the corruption phenomenon as a "security risk," said presidential adviser Ion Oprisor - National Security Department, in a statement sent by the Presidential Administration to AGERPRES on Thursday.

Four out of the five categories that make up the average score deteriorated. Civil liberties: down. Political culture: down. Functioning of government: down. Electoral processes and pluralism: you guessed it.

The only category that registered an uptick was "political participation", reflecting "a rising tide of popular protest" that "shook regimes run by despots and democrats alike".

Boeing dismissed its CEO, Dennis Muilenburg, on Monday morning. He will also leave his position as a member of the board of directors.

The corporation's announcement said Muilenburg's responsibilities would be temporarily assumed by CFO Greg Smith. On January 13, 2020 David Calhoun will take over the CEO post.