Category: Corruption

Oracle Turkey, UAE and India Foreign Bribery Charges Settlement with SEC

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Oracle Corporation settled charges with the SEC after allegedly violating provisions of the Foreign Corrupt Practices Act (FCPA). Oracle subsidiaries in Turkey, the United Arab Emirates (UAE), and India were said to have created and used slush funds to bribe foreign officials in return for business between 2016 and 2019. Oracle agreed to cease and…

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Corruption

Central African Republic: Said trial opens at International Criminal Court

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Mahamat Said Abdel Kani – a top-ranking leader of the mostly-Muslim Séléka militia – pleaded not guilty to all charges, which relate to atrocities carried out in 2013, in the Central African Republic capital, Bangui. Much of the violence stemmed for clashes between Séléka and the mostly-Christian Anti-balaka faction. Occupation Before the crimes were committed,…

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Corruption, Economy, government corruption, sexual

DOJ Announces New Corporate Enforcement Strategy

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On September 15, 2022, Deputy Attorney General Lisa Monaco announced updated guidelines for the U.S. Department of Justice’s (“DOJ”) corporate criminal enforcement in a speech at New York University Law School. Monaco previously announced in October 2021 that DOJ would take a tougher stance on white collar crime. Shortly thereafter, Monaco formed an advisory group…

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All Regions, Corruption, Region US & Canada, x.doj

Politician accuses FDIC of coercing banks into denying services to lawful crypto companies

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In a letter dated August 16, 2022, U.S. Sen. Pat Toomey addressed FDIC acting chairman Martin Gruenberg to inquire about some recent FDIC actions that came to light by way of whistleblower reporting. Toomey said that the affected parties came forward to reveal that their banks received letters from the FDIC discouraging the bank from…

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banks, corporate corruption, cryptocurrency, government corruption

Not being covered in media: Official UK data on adverse reactions to vaccination and “excess deaths”

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UK week ending 5 August 2022 Video and notes by Dr. John Campbell 799 deaths involving COVID-19 registered (6.5%) – Down from 923 in the previous week (7.3%) – (First decrease following six weeks of increases) – Lag of three weeks between infection and dying as a result of infection – Total number of deaths…

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All Regions, corporate corruption, government corruption, health, Misinformation and Censorship, Region Americas, Region Asias, Region Europe, Region Middle East, Region US & Canada

Russia asks for UNSC meeting to discuss strikes on Zaporizhzhia nuclear power plant

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Russia claims that Ukrainian forces have repeatedly launched targeted attacks hitting the Zaporizhzhia nuclear power plant, a sensitive area known as the largest nuclear power plant in Europe with at least six operating reactors. On August 7, the military-civilian administration of Energodar city, located in the north-western part of Zaporizhzhia Oblast in Ukraine, accused Ukrainian…

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All Regions, Corruption, Misinformation and Censorship, Region Asias, Region Europe, war, war crimes

Former Twitter employee sold private information of Twitter users to Saudi Arabia and the Saudi Royal family

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Aug 10, 2022. A federal jury yesterday convicted a former Media Partnerships Manager for the Middle East/North Africa (MENA) region at Twitter of acting as a foreign agent without notice to the Attorney General, conspiracy, wire fraud, international money laundering, and falsification of records in a federal investigation. The verdict follows a two-week trial before…

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Corruption

Michael Nowak and other J.P. Morgan Traders Convicted of Fraud, Attempted Price Manipulation, Spoofing in Multi-Year Market Manipulation Scheme

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Aug 10, 2022. A federal jury in the Northern District of Illinois convicted two former precious metals traders at JPMorgan Chase & Co. (JPMorgan) today of fraud, attempted price manipulation, and spoofing in a multi-year market manipulation scheme of precious metals futures contracts that spanned over eight years and involved thousands of unlawful trading sequences….

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Corruption

Timothy Schools of Axiom Legal convicted over role in £100m fraud scheme

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Aug 10, 2022. The UK Serious Fraud Office (SFO) has secured the conviction of an investment manager for his role in setting up a fraudulent Cayman Islands-based fund. Timothy Schools created the Axiom Legal Financing Fund in 2009 to provide loans to law firms pursuing no-win-no-fee cases. He managed to secure over £100m ($121m, €118m) from…

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All Regions, Corruption, Region Europe

United States warrant for seizure of airplane of sanctioned Russian oligarch Andrei Skoch

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Aug 8, 2022. The United States of America has been authorized to seize an Airbus A319-100 (the Airbus) owned and controlled by sanctioned Russian oligarch Andrei Skoch, pursuant to a seizure warrant from the U.S. District Court for the Southern District of New York, which found that the airplane is subject to seizure and forfeiture…

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All Regions, Corruption, Region Asias, Region Europe, Sanctions