Search Results for: Scandal

Leading Thursday's corporations and securities law news, the SEC is considering a combined settlement with several brokerage firms in its probe of the $204 billion auction-rate bond market. The SEC's investigation has uncovered several potential violations related...

An internal probe of the scandal-ridden UN Oil-for-Food Program has concluded that although the program was plagued by mismanagement, especially in the handling of contracts, there was no evidence of corruption on the part of UN officials. The probe...

Military prosecutors late Thursday dropped adultery and obstruction of justice charges against US Army Spc. Charles Graner on the eve of Friday's start of jury selection in his court-martial trial in connection with abuses of Iraqi prisoners at Abu...

In a highly unusual move, ten former WorldCom (now MCI) directors have agreed to pay $18 million of a $54 million class-action settlement from their own pockets. The agreement is part of a settlement reached Wednesday with plaintiffs led...

Sexual and physical abuse of Iraqi prisoners continued at least three months after news of Abu Ghraib was revealed according to accounts by alleged victims in the most recent issue of Vanity Fair magazine. The report, based on 60...

In an apparent effort to address growing concerns about scandal and corruption in the United Nations system UN Secretary-General Kofi Annan Monday announced the appointment of UN Development Program head Mark Malloch Brown as his new Chief of Staff,...

Two court-martials of US soldiers accused of killing or abusing Iraqis in separate incidents are set to take place this week at Fort Hood, Texas. On Tuesday, Sgt. Tracy Perkins will stand trial in the deaths of two Iraqis...

Tariq Aziz, Saddam Hussein's former deputy prime minister and foreign minister, has denied that Iraq used the UN oil-for-food program to extort billions of dollars according to lawyer Badih Aref, speaking Friday for Aziz after having been allowed to...

British Home Secretary David Blunkett (official Home Office biography here), one of the most powerful ministers in the cabinet of Prime Minister Tony Blair and the minister responsible for pushing sweeping anti-terror legislation through the UK Parliament in the...

The US Army announced Friday that the court-martial for Lynndie England, charged in the Abu Ghraib prisoner abuse scandal, has been moved to Fort Hood, Texas, from Fort Bragg, North Carolina. The Army said in a statement that the...