The AACI Blog Page

14 Apr

U.S. Treasury Sanctions Notorious Kinahan Organized Crime Group (KOCG)

Posted by Technical Staff Dubai, Governance, Principles of Fighting Corruption, Types of Fraud and Corruption

The KOCG which operates in Ireland and is also established in the United Kingdom, Spain, and the United Arab Emirates, was designated as a significant transnational criminal organization.

30 Mar

Does Microsoft pay bribes to get or maintain business in the Middle East and Africa?

Posted by Technical Staff Governance, Human rights, Internal Control, Principles of Fighting Corruption, whistleblowing

We stand by the Ten Principles of Fighting Corruption promulgated by The American Anti-Corruption Institute (AACI). We do not accept the US authority’s feedback as stated above. Unless the US authorities take all the necessary effective measures to investigate such allegations, the damages would be irreparable and whistleblowers will be exposed!

30 Mar

An unusual vote has exposed the telecom giant’s board of directors and CEO, allowing them to be held accountable for misconduct.

Posted by Technical Staff Business Ethics, Governance, Opinions, Types of Fraud and Corruption

“Ericsson’s shareholders handed chief executive Börje Ekholm an unusual rebuke on Tuesday, voting to hold him accountable for the telecom giant’s mishandling of the Iraq bribery scandal and revelations about possible payments to the Islamic State terror group.”

24 Mar

Certified Anti-Corruption Manager (CACM)

Posted by Technical Staff CACM, Governance, Internal Control, Principles of Fighting Corruption, whistleblowing

CACM is the global premier anti-corruption certification program that targets executive management and those charged with governance to equip them with the optimum required anti-corruption knowledge and skills, enabling them to play a proactive role in preventing fraud and corruption.

23 Mar

The Board Members’ Anti-Corruption Literacy

Posted by Technical Staff Costs of Corruption, Governance, Internal Control, Learning Programs, Opinions, Principles of Fighting Corruption

As corruption is a business risk, the board members should take all the necessary measures to prevent, deter, detect, correct, and punish culprits….

14 Mar

The Independent Financial Statement Audit and Corruption

Posted by Technical Staff Academia, Governance, Internal Control

Even if the independent auditor delivers an unqualified (clean) audit report, it implies that the financial statements may still contain serious misstatements that the auditor was unable to identify.

11 Mar

The Duties of The Anti-Corruption Commission

Posted by Mike Masoud Governance, Learning Programs, Opinions, Principles of Fighting Corruption

Mike J. MasoudMarch 11, 2022 Each country that ratified the United Nations Against Corruption (UNCAC) should comply with its provisions. Article 6 of the UNCAC requires member states to “ensure the existence of a body or bodies, as appropriate, that prevent corruption.” Countries must have an Anti-Corruption Commission to comply […]