Category: Corruption

KPMG has settled a £1.3bn lawsuit brought by Carillion’s liquidators, who claimed the auditor was negligent and missed serious red flags in the outsourcing firm’s accounts ahead of its disastrous collapse in 2018. The lawsuit – which related to audits of Carillion accounts between 2014 and 2016 – had been launched by Britain’s official receiver, which is attempting to recoup…

SAO PAULO, Feb 17 (Reuters) – Germany’s Bayer has been ordered by Brazil’s Supreme Court to return to Brazilian soybean farmers the royalties they were charged for a GMO soybean seed, the Mato Grosso farmer lobby Aprosoja-MT said in a statement on Friday. The Feb. 13 ruling by Supreme Court Justice Nunes Marques relates to a GMO technology commercially known…

Home security provider Vivint Smart Home Inc owes rival CPI Security Systems Inc $189.7 million for tricking its customers into moving to Vivint’s service, a North Carolina jury decided Friday. The federal jury in Charlotte found Vivint sales representatives unlawfully deceived CPI customers into signing contracts with Vivint by falsely claiming that Vivint had bought the company. The jury said…

Former Defence Minister Linda Reynolds has broken her two-year silence, saying she has “a very different story” to tell about the Brittany Higgins rape scandal. The former Liberal cabinet minister was Ms Higgins’ boss when the political staffer alleges she was raped in Parliament House in 2019. In a four-hour interview with The Weekend Australian, Senator Reynolds claimed to be…

Critics questioned the timing of the searches, which came after BBC aired show critical of Prime Minister Narendra Modi.

  A Brisbane-based digital lender has been slapped with two infringement notices by ASIC for its false and misleading repayment estimate calculator. The corporate watchdog took action against Jaracanda Finance, which offered loans up to $15,000, typically for 12 to 36 months, because it was concerned that the credit licensee’s repayment estimate calculator: used an annual percentage rate that was…

The crackdown on opponents of President Saied has sparked international criticism and fears of a return to autocracy.

Saturday’s move by North Korea comes ahead of upcoming US-South Korea joint drills in Washington next week.

A trial looking into widespread bribery at the Tokyo Olympic organizing committee began Friday with a former head of a major ad company admitting to the charges. Shinichi Uneo, 69, who formerly headed ADK Holdings, quietly told the Tokyo District Court the allegations were accurate. In Japan, a trial continues even if a suspect admits guilt. Three prosecutors took turns…

According to court documents, Jessie R. Benton, 45, of The Woodlands, schemed with another political advisor to funnel political contributions to a 2016 presidential campaign from a Russian national seeking to meet and take a picture with the presidential candidate. Benton arranged for the Russian national – whose nationality Benton concealed from the campaign and the candidate – to attend a campaign fundraising event and to take a picture with the candidate.

As such attendance and engagement required a contribution, Benton caused the Russian national to wire $100,000 to Benton’s political consulting firm to make an illegal foreign contribution to the campaign. To disguise the scheme, Benton created a fake invoice, which falsely identified the funds as payment for consulting services. Benton acted as a straw donor and contributed $25,000 of the Russian national’s money to the campaign, falsely identified himself as the contributor, and pocketed the remaining $75,000. Because Benton falsely claimed to have given the contribution himself, the relevant campaign entities unwittingly filed reports with the Federal Election Commission (FEC) that inaccurately reported Benton – instead of the Russian national – as the source of the funds.

In November 2022, Benton was convicted at trial of conspiring to solicit and cause an illegal campaign contribution by a foreign national, effecting a conduit contribution, and causing false records to be filed with the FEC.

An indictment was unsealed today in the District of Connecticut charging a Connecticut man and a foreign national with conspiracy, multiple counts of violating the Foreign Corrupt Practices Act (FCPA), and money laundering in connection with an alleged scheme to pay bribes to Brazilian officials to win contracts with Brazil’s state-owned and state-controlled energy company, Petróleo Brasileiro S.A. – Petrobras (Petrobras).  

For journalistic integrity, we note that podcaster Shawn Ryan has commented on this article: This is typical media today. How can people not see how biased this article is? The Canadian SOF unit was the only one offered a statement, neither Dallas nor myself was contacted in any way, shape or form. @ShawnRyanShow https://t.co/L1mfeppZ8y — Shawn Ryan (@ShawnRyan762) February 16, 2023 The Canadian…

On January 24, 2023, the Federal Reserve Board (“FRB”) assessed a second-tier[1] civil penalty of $2.3 million against New York-based Popular Bank (or the “Bank”) for unsafe and unsound practices related to six Paycheck Protection Program (“PPP”) loans.  According to the FRB, the Bank processed and funded these loans despite detecting significant indicia of fraud……

Shortly before being elected leader of the Scottish National Party (SNP) in late 2014, Nicola Sturgeon embarked on a rock star-style tour of Scotland, appearing in front of packed audiences around the country, usually illuminated on stage by a row of blazing lights. On Wednesday morning, in the more sedate Georgian surroundings of Bute House, the Scottish first minister’s official…

Michael S. Flynn was sentenced on Feb. 10 in Bridgeport, Connecticut to fifteen months’ imprisonment and restitution of $1,062,155 for his participation in bid-rigging and fraud schemes targeting public and private entities in Connecticut. This is the seventh sentencing arising out of the investigation into the insulation contracting industry.