Category: Bribery

Video: During remarks on the Senate floor, Sen. Bernie Sanders (I-VT) criticized the Trump Administration for moving the country towards ‘oligarchy’.

A group of JC Penney bondholders are seeking to re-litigate its Chapter 11 case, claiming that a scandal that has since ensnared one of the country’s top bankruptcy judges tainted the US retailer’s 2020 reorganisation. Eric Moore, a bondholder, described the deal clinched in bankruptcy court as a “multibillion-dollar heist” that improperly handed control of JC Penney to a select group of deep-pocketed parties including H2 Capital Partners, Simon Property Group and Brookfield, according to court filings. Moore’s challenge has…

McKinsey and Company Africa (Pty) Ltd (McKinsey Africa), which operates in South Africa as a wholly owned and controlled subsidiary of international consulting firm McKinsey & Company Inc. (McKinsey), will pay over $122 million to resolve an investigation by the Justice Department into a scheme to pay bribes to government officials in South Africa between 2012 and 2016. The guilty plea of a former McKinsey senior partner who participated in the bribery scheme was also unsealed. The Justice Department’s resolution…

A member of China’s powerful Central Military Commission has been suspended and put under investigation, the country’s Defense Ministry said Thursday. Miao Hua was director of the political work department on the commission, which oversees the People’s Liberation Army, the world’s largest standing military. He was one of five members of the commission in addition to its leader, Chinese President Xi Jinping. Defense Ministry spokesperson Wu Qian said Miao is under investigation for “serious violations of discipline,” which usually alludes…

Hinds County District Attorney Jody E. Owens II walked briskly toward a crowd of TV cameras and reporters on the steps of the federal courthouse in Jackson last week to denounce what he called a “horrible example of a flawed FBI investigation” and an “assassination attempt on my character.” Owens, the top elected law enforcement official for Mississippi’s largest county that encompasses its capital city, pleaded not guilty to multiple federal felony charges stemming from an alleged FBI bribery sting….

Six defendants have been charged for their roles in schemes to rig bids, defraud the government and pay bribes and kickbacks in connection with the sale of IT products and services to federal government purchasers, which resulted in overcharges of millions of dollars to the U.S. government, including the Department of Defense (DoD). On Oct. 9 and Oct. 16, a federal grand jury in Baltimore returned indictments against two defendants. Four other defendants were also charged. These are the first…

A U.S. Navy Reserve Commander from Florida was sentenced today to 30 months in prison for his role in a years-long bribery scheme involving Special Immigrant Visas (SIVs) for Afghan nationals. According to court documents and evidence submitted at trial, Jeromy Pittmann, 53, of Pensacola, accepted bribe payments from Afghan nationals in exchange for drafting, submitting, and verifying fraudulent letters of recommendation for Afghan nationals who applied for SIVs with the U.S. Department of State. Since 2009, Congress has authorized…

LIMA – Peruvian former President Alejandro Toledo was convicted of taking bribes from Brazilian construction giant Odebrecht and sentenced to 20 years and six months in prison on Monday. The verdict marks Peru’s first high-profile conviction related to Brazil’s continent-spanning Lava Jato corruption scandal. Toledo, a 78-year-old economist who holds a doctorate from Stanford University, governed the Andean nation between 2001 and 2006. He was convicted of taking $35 million in bribes from the company formerly known as Odebrecht, according…