Daily Corruption News 16 May 2017 Today's Top Story Cyprus: New life in Limasol: If you canât launder Russian money, then launder the Russian Bloomberg (TI mention) Rich Russians are flocking to Cyprus to become â not Russian. Foreigners can become citizens here in less than six months in exchange for investing two million euros. Other news Global: Italian exec used embezzlement funds to pay for city apartment New York Post Global: This Caribbean Bank Wants Chinese Money No One Else Will Touch Bloomberg (TI mention) Peru: Hampered by Lack of Resources, Peruvian Officials Struggle to Address Illegal Wildlife Trade Earth Island Journal Rwanda: Tea Cooperative Manager Arrested for Embezzlement Rwanda Eye UK: Petrofac under U.K. probe for bribery, corruption MarketWatch Blogs and opinion Global: Bitcoin and the Art of Extortion Bloomberg USA: Dr. Evil demands $1 million, gets convicted for wire fraud and extortion Washington Post Multimedia Global: Yoani Sánchez - Transparencia: el arma contra la corrupción (Yoani Sánchez â transparency: a weapon against corruption) Deutsche Welle (TI mention) News from Transparency International Public consultation: Your ideas welcome: help us set higher standards in state-owned companies
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