Category: Corruption

  As China’s embattled shadow banking giant Zhongzhi Enterprise Group faces a criminal probe, lawyers and analysts are assessing the damage to investors. One estimate puts that at about US$56 billion (S$74.9 billion). More than three quarters of investor cash would be lost, with just 100 billion yuan (S$18.7 billion) being recovered from debt of as much as 460 billion…

China said a surge in mycoplasma-caused pneumonia in children shows signs of ebbing, but warned that other respiratory illnesses are likely to hit the broader population hard during the mainland’s first winter after Covid restrictions. Health authorities in Beijing say flu, adenovirus and respiratory syncytial virus have surpassed mycoplasma as the most frequently detected pathogens among patients at the city’s…

Healthcare SaaS provider Welltok is warning that a data breach exposed the personal data of nearly 8.5 million patients in the U.S. after a file transfer program used by the company was hacked in a data theft attack. Welltok works with health service providers across the U.S., maintaining online wellness programs, holding databases with personal patient data, generating predictive analytics,…

Beijing has defended its prosecution of two Canadians for espionage, after The Globe and Mail reported that Michael Spavor blames intelligence work done by Michael Kovrig for their nearly three-year-long detention. Mr. Spavor is seeking a multimillion-dollar settlement from Ottawa, two sources told The Globe, alleging he was arrested in China in late 2018 because he unwittingly provided intelligence on…

An Ontario justice has thrown out a proposed $200-million class action lawsuit against legal software provider Dye & Durham Ltd. DND-T over price hikes and broken promises by the Toronto software company. Ontario Superior Court Justice Edward Morgan last month dismissed the action brought by real estate law firms and D&D clients Burford Law Professional Corp. and Tais Davis. D&D…

With Russian tanks and troops descending on Ukraine in early 2022, Cyprus became a hotbed of financial activity. The island country has long been known as an offshore transit point for the fortunes of Russian billionaires, and as sanctions loomed over many of them last year, Cyprus financial services firms fielded a series of urgent demands to transfer funds and…

Italy has just delivered a devastating blow to the controversial agenda of the World Economic Forum (WEF) and billionaire magnate Bill Gates for global food control, with the historic approval of a ban on the production and sale of cultivated meat. The Chamber of Deputies voted 159 in favor, 53 against, and 34 abstentions in support of the bill presented by Minister…

U.S. Attorney’s Office Eastern District of California  FOR IMMEDIATE RELEASE Thursday, November 16, 2023 FRESNO, Calif. — A federal grand jury returned a three-count indictment today against Jia Bei Zhu, aka Jesse Zhu, Qiang He, and David He, 62, a citizen of China who formerly resided in Clovis, charging him with distributing adulterated and misbranded medical devices in violation of…

PARIS: France has issued an international arrest warrant for Syrian President Bashar al-Assad, accused of complicity in crimes against humanity over chemical attacks in 2013, a judicial source and plaintiffs in the case said Wednesday. The judicial source told AFP Assad was also suspected of complicity in war crimes for the attacks, blamed by the opposition on the regime, that…

A senior Ukrainian military officer with deep ties to the country’s intelligence services played a central role in the bombing of the Nord Stream natural gas pipelines last year, according to officials in Ukraine and elsewhere in Europe, as well as other people knowledgeable about the details of the covert operation. The officer’s role provides the most direct evidence to…

Portugal’s central bank governor Mário Centeno is facing an ethics review by an independent watchdog after he was proposed as the next prime minister by Socialist premier António Costa, who quit last week over a corruption scandal. Costa’s proposal has triggered a public spat between Centeno and Marcelo Rebelo de Sousa, the president who has the power to appoint prime…

Backgrounder. Imran Khan is a former Pakistani cricket player, politician, philanthropist, and prime minister of Pakistan (2018–22). He became a national hero by leading Pakistan’s national team to a Cricket World Cup victory in 1992 and later entered politics as a critic of government corruption in Pakistan. Khan’s calls for investigations into government corruption, along with supporting evidence released in…

Consider the source (and the timing)… No lesser deep-state mouthpiece than The Washington Post just dropped a bombshell with the revelation that Ukrainian Colonel Roman Chervinsky “was integral to the brazen sabotage operation” on the Nord Stream pipeline, “according to officials in Ukraine and elsewhere in Europe, as well as other people knowledgeable about the details of the covert operation.” The bombing, dubbed…

YouTube has removed reporting by Steven Crowder on the pages of the withheld manifesto of the Nashville mass shooter that he managed to obtain, claiming that they “think it violates” their policy on “violent criminal organizations”. Whatever that means is anyone’s guess. Crowder shared the development with a screenshot from his YouTube account, commenting “Investigative journalism is now considered a…

With data showing Mexico as one of the most dangerous countries for journalists outside a war zone, and with the country’s long record of impunity for perpetrators, the country’s media look to one another for safety. VOA’s Jessica Jerreat has the story. VOA footage by Vicente Calderon, Nelson Vignolles. Cristina Caicedo Smit contributed.

In September, a class action lawsuit (Mannacio v. Discover Financial Services, et al., No. 23-cv-06788 (N.D. Ill.)) was filed against Discover Financial Services (“Discover”) alleging Discover and certain current and/or former executives violated the Securities Exchange Act of 1934. Specifically, the class action complaint alleged that the defendants made false and/or misleading statements and/or failed to disclose that: (i) Discover…