Search Results for: embezzlement

These days, the Sri Lankan rupee has fallen by almost 45 percent compared to the US dollar. Its foreign exchange reserves are nearly dry, having dropped below $1 billion. Meanwhile, the island nation has to repay debts of about $4 billion in the rest of this year, including a $1 billion international sovereign bond that [...]

A jury for the US District Court for the Eastern District of New York Friday convicted former Goldman Sachs Managing Director Ng Chong Hwa, also known as Roger Ng, of corruption charges connected to Malaysia’s 1MDB development fund. The decision came following an eight-week trial. Ng was indicted in 2018. The jury found Ng guilty of [...]

Russian state-owned news agency TASS Tuesday reported that a court found dissident Alexey Navalny guilty of fraud and contempt of court and sentenced him to nine years in prison. Navalny is a lawyer and longtime Russian opposition leader who survived an assassination attempt in August 2020. Russian authorities are widely believed to have organized the [...]

South Korea President Moon Jae-in Friday announced that former President Park Geun-hye would be granted a special pardon from a 20-year prison sentence for bribery and corruption-related charges. Park, 69, is among 3,094 persons to be granted the special amnesty. South Korea’s Ministry of Justice has stated that the pardon is aimed at promoting “national [...]

China’s Central Commission for Discipline Inspection on Sunday announced the repatriation of banker Xu Guojun to China. Xu fled China in 2001 for the US, where he lived until repatriation. Xu was the president of Bank of China branches in the southern city of Kaiping. Kaiping, a city in Guangdong province, has a population of [...]

A Russian Court on Thursday imposed one year of restrictions on ophthalmologist Dr Anastasia Vasileya. The sanctions restrict her movements and require monthly mandatory checks with the Russian state supervisor. She is also disallowed from leaving Moscow or attending mass events such as protests or concerts. She was first introduced into the limelight after treating Opposition [...]

California Attorney General Rob Bonta announced Wednesday that the state’s Justice Department filed criminal charges against the executive director of SEIU California, the largest labor union in the state. The complaint filed by the California Department of Justice charged executive director Alma Hernandez and her husband Jose Moscoso with embezzlement and fraud. The department claims [...]

The Kenyan Court on Wednesday found that former sports minister Hassan Wario was guilty of anti-corruption. He was charhed with embezzling funds for athletes in the 2016 Rio Olympic Games. His initial arrest over these claims took place in October 2018. The former sports minister maintained his innocence, pleading not guilty to all counts of [...]

The South Africa Ministry of Justice and Correctional Services confirmed on Monday that the country will extradite former Mozambique finance minister Manuel Chang to his home country rather than to the US. The decision comes after the beginning of a criminal trial over the $2 billion debt scandal that crashed its economy. In December 2018, [...]

The recent return of the military to the national political scene happens in a moment in which the democratic regimes, in Brazil and in the world, suffer the decline of trust in liberal-democratic institutions. The current militarization has been associated by some authors with a current global, systemic and structural conjecture with variations, from a [...]