Category: Corruption

A dual citizen of the United States and Ghana will make his initial appearance today in the Eastern District of New York to face charges related to his participation in a scheme to bribe Ghanaian officials to obtain and retain business from the Republic of Ghana. Asante Kwaku Berko, 50, was extradited yesterday from the United Kingdom to the United States. According to court documents, between December 2014 and March 2017, Berko, an executive director in the Investment Banking Division…

PARIS (Reuters) -The Paris prosecutor’s office said on Tuesday it had launched a preliminary probe into allegations of illegal financing of far right National Rally (RN) leader Marine Le Pen’s campaign for the 2022 presidential race, which she lost to Emmanuel Macron. The investigation, which was opened on July 2, follows a 2023 report by the National Commission on Campaign Accounts and Political Financing (CNCCFP), which scrutinizes candidates’ election expenses and funding, the prosecutor’s office said. It will look into…

French Prime Minister Gabriel Attal has announced he will resign after a broad left-leaning coalition took the most seats in Sunday’s runoff parliamentary election. The New Popular Front fell short of a majority but surged ahead of the far-right National Rally, which placed third behind the centrist party of President Emmanuel Macron. Voter turnout was high. The outcome leaves France facing the stunning prospect of a hung parliament and threatens political paralysis in a pillar of the European Union and…

(Reuters) – Similac baby formula maker Abbott is expected to face a trial on Monday over claims that its formula for preterm infants used in neonatal intensive care units causes a potentially deadly bowel disease, the second trial out of hundreds of similar lawsuits in the United States. Lawyers for the company and for Illinois resident Margo Gill will make their opening statements to jurors in St. Louis, Missouri, and the trial is expected to last most of the rest…

A judge declared a mistrial in the murder trial of Karen Read, the Massachusetts woman accused of drunkenly driving into her police officer boyfriend and leaving him to die in January 2022, in a case featuring accusations of a vast police cover-up and investigative misconduct. And the state trooper who helped lead the investigation – a man who admitted on the stand that he’d sent sexist and offensive text messages about the defendant to friends – was relieved of duty…

SAN JUAN, Puerto Rico (AP) — Puerto Rico’s Justice Department announced Tuesday that it is suing at least 30 ex-government officials accused of corruption to recover more than $30 million in public funds. Among those sued are three former legislators, including María Milagros Charbonier, who was sentenced in May to eight years in federal prison after being found guilty of theft, bribery and a kickback scheme. “We are going to recover the Puerto Rican people’s money and claim an amount…

Wikileaks founder, publisher, journalist and DiEM25 founding member, Julian Assange, will reportedly enter into a plea deal with the United States prosecutors and be sentenced with time served.

WASHINGTON (AP) — The Supreme Court on Monday rejected a challenge to a 2021 Connecticut law that eliminated the state’s longstanding religious exemption from childhood immunization requirements for schools, colleges and day care facilities. The justices did not comment in leaving in place a federal appeals court ruling that upheld the contentious law. A lower court judge had earlier dismissed the lawsuit challenging the law, which drew protests at the state Capitol. Connecticut law requires students to receive certain immunizations…

WASHINGTON – The US Treasury on June 20 said no major trading partner appeared to have manipulated its currency in 2023, but it added Japan to a foreign exchange “monitoring list”, alongside Singapore, China, Malaysia, Vietnam, Taiwan and Germany, which were on the previous list. The Treasury’s semi-annual currency report found that none of the countries examined met all three criteria triggering “enhanced analysis” of their foreign exchange practices during the four quarters through December 2023. Countries are automatically added…

MOSCOW (Reuters) -Russia-China trade options have narrowed since the U.S. imposed sanctions last week on the only Russian bank branch in China, but President Vladimir Putin’s Chinese visit last month has helped ensure the two countries have payment alternatives for now, three sources said. Since Putin’s visit, specially authorised banks have been set up in border regions which allow Russian firms to open non-resident accounts (NRA) with Chinese banks, a step that has become more important since VTB’s Shanghai branch…

USS Helena, a Los Angeles-class boat, arrived on Thursday for a “routine port visit,” the US Southern Command said in a statement.  “The vessel’s location and transit were previously planned,” SOUTHCOM added, noting that the Helena is “conducting its global maritime security and national defense mission.” AP described the submarine’s arrival as “a show of force” by Washington, in response to the presence of Russian ships so close to US shores. A four-vessel task force of the Russian Navy’s Northern…

The Warsaw-based facility will detect “deceptive narratives” on the Ukraine conflict, the US State Department has said. The United States and Poland have launched an international group based in Warsaw to counter what they describe as Russian disinformation on the Ukraine conflict, the US State Department has announced. The Ukraine Communications Group (UCG) is designed to detect “deceptive narratives” from Russia targeting Kiev and “amplify Ukrainian voices,” the State Department said in a statement on Monday. James Rubin, the head…

Johnson & Johnson has agreed to pay $700m to settle lawsuits in the United States that accused the pharmaceutical giant of deceiving customers about the safety of its talcum-based powder products. J&J’s payout resolves an investigation by more than 40 US states into the marketing of baby powder and other talc-based products that contained traces of cancer-causing asbestos. “Targeting communities with cosmetic products that contain dangerous substances is not just illegal, it is very cruel,” New York Attorney General Letitia…

NEW YORK – Terraform Labs and its co-founder Do Kwon will pay US$4.47 billion (S$6 billion) to resolve a US Securities and Exchange Commission (SEC) lawsuit over the company’s 2022 collapse, which wiped out US$40 billion in investor assets and shook the cryptocurrency world. The SEC on June 12 asked a federal judge in New York to approve the settlement. The deal was reached after a jury in April found Terraform and Kwon liable for fraud following a two-week civil…

The lead manager in a funds scandal that led to a $6bn settlement between Germany’s Allianz and US authorities has pleaded guilty to investment adviser fraud, two years after two other managers pleaded guilty for their roles in the scheme. The scandal at one of its US asset management units rocked Allianz, one of the world’s biggest insurance groups, casting doubt over its control functions and triggering an apology from its chief executive. Gregoire Tournant pleaded guilty on Friday to…