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WELLINGTON, Nov. 30 () --- New Zealand's international reputation for being relatively free from fraud and corruption is at risk after a new survey showed almost half of organizations have been victims of fraud in the last year and a threefold increase in bribery and corruption.The findings mean that New Zealand has leapt in the global economic crime rankings from eighth out of 54 countries in 2009 to fourth out of 78 countries this year, according to the 2011 PricewaterhouseCoopers (PwC) Global Economic Crime Survey published Wednesday.The survey showed 49.5 percent of the 93 New Zealand respondents suffered some sort of economic crime in the last 12 months, putting it higher than Australia at 47 percent, the United States at 45 percent and the global average of 34 percent.All sectors had experienced a rise in fraud, the survey found, with the top three being retail and consumer at 80 percent, energy and mining at 71 percent and government at 60 percent."Given the uncertain economic environment, the pressures and incentives to commit fraud have not declined since the 2009 survey, but instead appear to have increased," said PwC forensic services partner Eric Lucas."For the first time, cybercrime has been included in the survey and is now New Zealand's third most reported type of economic crime," said Lucas in a statement."The survey shows cybercrime is taking off. Criminals are becoming more sophisticated in their approach as they have identified how organizations have a reliance on technology and the fraudsters are acquiring the technical skills to take advantage of low risk and high rewards."The survey report warned that New Zealand businesses were failing to take the threat of cybercrime seriously, with 39 percent of respondents saying they had no cyber security training in the past year.According to Transparency International's 2010 Corruption Perception Index, New Zealand, along with Denmark and Singapore, is perceived to have the lowest level of public sector corruption in the world.The report said the fact that New Zealand, along with countries such as Australia, the United Kingdom and France had reported high levels of fraud suggested fraud was no longer just endemic to developing countries.
YANGON, Nov. 25 () -- Myanmar's opposition party, the National League for Democracy (NLD), led by Aung San Suu Kyi, submitted its application to the Union Election Commission based in Nay Pyi Taw Friday in a move to prepare for running the upcoming by-elections, according to official sources.The NLD put the names of 21 party members as applicants with the registration, including general secretary Aung San Suu Kyi, two vice-chairmen U Tin Oo and U Win Tin, U Nyan Win, U Han Thar Myint and other members, local media said.Among the 21 applicants, 11 are female including Dr. Daw May Win Myint, Daw Nan Khin Htway Myint and Daw Khin Htay Kywe.The names of the NLD candidates nominated to run the upcoming by-elections are expected to be released by the party later after the re-registration bid is approved.There is a total of 48 parliamentary seats are to be substituted in the by-election after these parliament members became government cabinet members in the last general election held on Nov. 7, 2010.The 48 available parliamentary seats for the upcoming by- election are 40 for the House of Representatives, 6 for the House of Nationalities and 2 for Region or State Parliament.The parliament representatives are to be elected from vacant constituencies in 10 regions or states including six constituencies in Yangon region for the House of Representatives.NLD once rejected to get it re-registered to enter the 2010 general election for the then party registration law barred Aung San Suu Kyi, who was a convict then, from being a party member to run then election. The NLD's absence of re-registration then had made it lose the legal stand as a political party.However, due to the changing situation, especially after Aung San Suu Kyi's release on Nov. 13, 2010 and the first ever dialogue between President U Thein Sein and the opposition leader on Aug. 19, 2011, the parliament made some amendments to the party registration law, removing the clause of imposition of such restriction and paving way for those who had served a prison term, including Aung San Suu Kyi, to contest in the polls.
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