Contact l Sitemap

home industries issues reasearch weblog press

Home  » Issues » Corruption

News Articles : Displaying 41-60 of 558


US: Madoff Case Faces Crucial Disclosure Deadline
by Diana B. HenriquesNew York Times
December 30th, 2008
Judge Louis L. Stanton of United States District Court has established Wednesday as the deadline for Bernard L. Madoff, who is accused of operating a $50 billion Ponzi scheme, to provide federal securities regulators with a full accounting of his and his New York firm’s assets — from real estate to art works to bank accounts.

TANZANIA: Villagers storm Barrick gold mine: Inflict much damage, FFU police deployed to disperse them
This Day (Tanzania)
December 13th, 2008
Thousands of villagers raided the North Mara gold mine owned by Barrick Gold Corp on Thursday night and caused damage to various mining equipments worth more than $16 million (approx. 21bn/-).

US: Bank of America Acquires Culture of Corruption in Merrill Lynch Purchase, Warns Former Merrill Star Player
Market Watch
October 21st, 2008
Keith Schooley, a former star financial consultant with Merrill Lynch, warns Bank of America CEO Kenneth Lewis that he may soon experience buyer's remorse over his acquisition of Wall Street's fallen idol.

UK: Britain's failure to tackle corruption damned amid new claims against BAE
by David LeighThe Guardian (UK)
October 18th, 2008
• Arms giant accused of fraud over Saudi deals • International monitors put UK ministers in dock

U.S.: Great Place for the Oil Business
by Stephen LeahyInter Press News Service (IPS)
September 30th, 2008
Why do U.S. oil companies -- some of the most profitable corporations on the planet -- receive 20 to 40 billion dollars a year in subsidies from the U.S. government?

US: Foggo pleads guilty in Wilkes case: Former CIA official fraudulently sent contracts to friend
by Paul M. KrawzakSan Diego Union Tribune – Washington Bureau
September 30th, 2008
Kyle “Dusty” Foggo, the former No. 3 official in the CIA, pleaded guilty yesterday to fraudulently steering intelligence contracts to his lifelong friend, former Poway defense contractor Brent Wilkes.

MALAYSIA: Murum Dam - Public Funds for Corporate Profit?
by Anil NettoInter Press Service (IPS)
September 27th, 2008
Who will foot the bill for the Murum resettlement? ''Is it Sarawak Energy or will it be passed on directly to the state government and hence the tax payer,'' asked one Sarawak-based activist, who declined to be identified.

WORLD: Oil Companies' "Self-Policing" a Dismal Failure
by Alison RaphaelInter Press News Service (IPS)
September 24th, 2008
The intersection of human rights, the environment and corporate responsibility was highlighted today at a Capitol Hill hearing featuring activists from Burma and Nigeria who underlined the failure to date of "voluntary" controls over major oil companies operating in their countries.

US: Reddy Ice Names Operating Chief, Puts Sales Executive on Leave
by SHIRLEEN DORMANWall Street Journal
September 15th, 2008
Reddy Ice Holdings Inc. has suspended its quarterly dividend, named a new operating chief and put its sales chief on paid leave after finding he violated company policies and is associated with "matters that are under investigation."

US: Federal Oil Officials Accused In Sex and Drugs Scandal
by STEPHEN POWERWall Street Journal
September 11th, 2008
Employees of the federal agency that last year collected more than $11 billion in royalties from oil and gas companies broke government rules and created a "culture of ethical failure" by allegedly accepting gifts from and having sex with industry representatives, the Interior Department's top watchdog said Wednesday.

US: Files Show Governor Intervened With Court
by Ian UrbinaNew York Times
August 13th, 2008
West Virginia Governor Joe Manchin III filed a friend-of-the-court brief in June, arguing the State Supreme Court should review a $382 million judgment against DuPont. The case involves thousands of residents in the area of a DuPont-operated zinc-smelting plant, and the largest civil penalty ever levied against the company, for the dumping of toxic arsenic, cadmium and lead at the plant.

UK-Zimbabwe: BAE linked to Zimbabwean arms dealer
by Christopher Thompson and Michael Peel Financial Times/UK
July 31st, 2008
According to documents seen by the Financial Times, BAE Systems has been linked to Zimbabwean arms trader John Bredenkamp. BAE reportedly paid at least £20m to Bredenkamp via offshore entities in the British Virgin Islands between 2003 and 2005. The payments raise fresh questions about bribery in BAE's dealings.

UK: Law lords: fraud office right to end bribery investigation in BAE case
by David LeighThe Guardian
July 31st, 2008
England's House of Lords ruled that the Serious Fraud Office was lawful in its actions to halt investigations into allegations that BAE Systems ran a £60m "slush fund" and offered sweeteners to officials from Saudi Arabia in return for lucrative contracts.

US: Art Auctions on Cruise Ships Lead to Anger, Accusations and Lawsuits
by JORI FINKELThe New York Times
July 16th, 2008
While overcharging for a product is not in itself illegal, misrepresenting the goods sold can be. The plaintiffs’ central argument hinges on Park West’s description of its appraisals.

INDIA: Decades Later, Toxic Sludge Torments Bhopal
by Somini SenguptaNew York Times
July 7th, 2008
Residents of Bhopal, India continue to suffer from Union Carbide's toxic legacy, this time in the form of toxic waste that still languishes inside a shoddy warehouse on the old factory grounds. Ailments such as cleft palates and mental retardation are appearing in numbers of Bhopali children, raising questions about contaminated soil and groundwater, clean-up, and liability.

Iraq: U.S. Advised Iraqi Ministry on Oil Deals
by Andrew E. KramerNew York Times
June 30th, 2008
The Bush administration has disclosed that U.S. advisors in Iraq played a key role in drawing up contracts between the Iraqi government and five major Western oil companies. The no-bid contracts are expected to be awarded Monday to Exxon Mobil, Shell, BP, Total and Chevron, as well as to several smaller oil companies.

SWITZERLAND: Tax scandal leaves Swiss giant reeling
by Nick MathiasonThe Guardian (UK)
June 29th, 2008
Sending shockwaves through the Swiss financial industry, banking giant UBS is facing accusations from a former senior banker in US courts of massive fraud and corruption. UBS is alleged to have engaged in routine activities aimed at helping its high net worth clients evade hundreds of millions of dollars in taxes, among other matters.

US: Put oil firm chiefs on trial, says leading climate change scientist
by Ed PilkingtonGuardian (UK)
June 23rd, 2008
On June 23, James Hansen, a leading world climate scientist, called for the executives of major fossil fuel companies, including ExxonMobil and Peabody Energy, to be put on trial for crimes against humanity and nature through actions like funding climate skeptics to undermine global consensus around combating climate change.

US: Guilty Plea by Ex-Banker Likely to Aid Probe of UBS
by Evan Perez The Wall Street Journal
June 20th, 2008
A former banker at UBS AG pleaded guilty in federal court to helping a billionaire client evade taxes by hiding $200 million in assets in offshore accounts, in a move expected to aid U.S. prosecutors in their probe of the Swiss banking giant.

US: Prosecutors Build Bear Stearns Case on E-Mails
by LANDON THOMAS Jr.The New York Times
June 20th, 2008
The two men, who were forced out of their jobs last year, are the first senior executives from Wall Street investment banks to face criminal charges stemming from the credit mess, and the investigation by federal prosecutors based in Brooklyn is likely to become a test case of the government’s ability to make successful prosecutions of arcane financial transactions.

Displaying 41-60 of 558  
< Prev  Next >> 
« First Page Last Page » 
« Show Complete List »