Tag - corruption

 
 

CORRUPTION

ASIA PACIFIC / Crime & Legal
Sep 23, 2019
South Korean justice minister's home raided in corruption investigation
South Korean prosecutors raided the home of Justice Minister Cho Kuk, the Yonhap News Agency reported, as part of a widening corruption investigation that has already dented support for President Moon Jae-in.
Japan Times
BUSINESS / Companies
Sep 7, 2019
Top Nissan investigator into CEO Hiroto Saikawa's excess pay set to quit carmaker
Nissan Motor Co.'s internal investigation into former Chairman Carlos Ghosn's alleged financial misconduct has been completed and the results will be reported to its board meeting this coming week.
BUSINESS / Companies
Sep 6, 2019
Nissan overpaid Carlos Ghosn whistleblower Hari Nada along with CEO Hiroto Saikawa
Nissan Motor Co. overpaid other executives in addition to its chief executive officer, according to people with knowledge of the matter, among them Senior Vice President Hari Nada, a key figure in the downfall of former Chairman Carlos Ghosn.
Japan Times
BUSINESS
Sep 6, 2019
Regulatory problems have choked China's P2P lending industry
Overburdened Chinese regulators have left the peer-to-peer lending industry to poorly staffed local governments, according to ex-regulators, threatening the survival of an important credit mechanism once seen as crucial for the country's economy.
Japan Times
WORLD / Politics
Sep 5, 2019
Wife of Honduran ex-President Porfirio Lobo given 58 years in prison for corruption
Former Honduran first lady Rosa Elena Bonilla, wife of former President Porfirio Lobo, was sentenced on Wednesday to 58 years in prison on charges of fraud and undue appropriation of funds, a spokesman for the nation's highest court said.
Japan Times
WORLD
Sep 1, 2019
Sudan charges ousted President Omar al-Bashir with corruption
A Sudanese judge on Saturday formally indicted Omar al-Bashir for possessing illicit foreign currency and corruption, charges the ousted leader challenged as he was publicly questioned for the first time since his overthrow.
Japan Times
OLYMPICS
Aug 28, 2019
French investigators focus on Dentsu partner in sports corruption probe
French authorities investigating corruption in international sports believe a Swiss partner of Japanese advertising giant Dentsu Inc. played a "central and essential role" in deals used to embezzle sponsorship money and have asked Switzerland to raid its office and seize evidence, according to a person...
Japan Times
WORLD / Politics
Jul 22, 2019
Amid mass protests and mounting calls to quit, Puerto Rico governor won't seek re-election
Puerto Rico's governor said on Sunday he would not seek re-election next year and would step down as head of his party following nine days of sometimes violent protests demanding his resignation over vulgar chat messages.
Japan Times
BUSINESS / Companies
Jun 28, 2019
Japan securities regulator seeking to fine Nissan more than ¥2 billion, says source
Japan's securities regulator will seek a fine on Nissan Motor Co. of more than ¥2 billion ($19 million) for allegedly underreporting the pay of the company's former chairman, Carlos Ghosn, according to a person familiar with the matter.
Japan Times
BUSINESS / Companies / Commentary
Jun 24, 2019
Will Nissan reforms finally bring end to corporate governance woes?
In many ways, the problems surrounding Nissan Motor Co. have spawned renewed interest in the state of Japan's corporate governance.
Japan Times
BUSINESS / Companies
Jun 23, 2019
Nissan board due to question CEO Hiroto Saikawa on 2013 house purchase
Nissan Motor Co. Chief Executive Officer Hiroto Saikawa is due to be questioned by the board on Monday about allegations by a former senior executive that he broke company rules to pay for a house in Tokyo, according to people familiar with the matter.
Japan Times
BUSINESS
Jun 21, 2019
Walmart agrees to pay $282 million to settle Brazil unit bribe claim
Walmart Inc. has agreed to pay a total penalty of $282 million to settle charges by the U.S. Justice Department and the Securities & Exchange Commission that its Brazilian unit violated the Foreign Corrupt Practices Act.
Japan Times
WORLD / Politics
Jun 16, 2019
Anti-graft crusader Zuzana Caputova becomes Slovakia's first female president
Anti-corruption campaigner Zuzana Caputova was sworn in as Slovakia's first female president on Saturday, vowing to fight impunity and champion justice in a country shaken by a journalist's murder last year.
Japan Times
BUSINESS
Jun 14, 2019
Europol highlights Russian money as top laundering threat and calls Baltic states 'front line'
Europe's Baltic states are at risk from further Russian money laundering, a top European police official said after several big banks were hit by scandals centered on the region.
Japan Times
WORLD
Jun 12, 2019
Russian police detain at least 94 at Moscow journalist protest
Russian police detained at least 94 people on Wednesday, including opposition politician Alexei Navalny, at a protest in Moscow calling for punishment for police officers involved in the alleged framing of a journalist, monitors said.
Japan Times
BUSINESS / Companies
Jun 11, 2019
Nissan CEO Hiroto Saikawa sought special deal on stock options in 2013, says former Ghosn aide
A former senior board member of Nissan Motor Co. said the company's current chief executive officer sought an exception on the sale of compensation-linked stock, which resulted in him earning a higher profit, according to a Japanese media report.
Japan Times
BUSINESS / Companies
Jun 9, 2019
Carlos Ghosn's lawyers surprised to hear Renault board has started legal proceedings based on audit
Former Nissan Chairman Carlos Ghosn's lawyers say they were surprised to hear that the board of Renault SA has started proceedings against their client based on an audit report.
Japan Times
WORLD / Politics
Jun 1, 2019
Czech leader Andrej Babis has conflict of interest, preliminary EU report says
The European Commission has determined that Czech Prime Minister Andrej Babis is in conflict of interest because of his business empire placed in trust funds, and the country may lose some EU funding as a result, daily Hospodarske noviny reported on Friday.
Japan Times
BUSINESS
May 23, 2019
U.S. judge rules Qualcomm violated antitrust law; appeal planned as shares plunge
Qualcomm Inc. illegally suppressed competition in the market for smartphone chips by threatening to cut off supplies and extracting excessive licensing fees, a U.S. judge ruled, a decision that could force the company to overhaul its business practices.
Japan Times
WORLD / Politics
May 20, 2019
Deutsche Bank anti-money laundering staff flagged Trump and Kushner transactions for watchdog: report
Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by U.S. President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog, The New York Times reported Sunday.

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