Paul Volcker, chairman of an independent commission probing the now defunct UN oil-for-food program , blamed lapses at the UN on a "systemic problem" and said he found only "limited" corruption during his testimony Monday to the US Senate Homeland Security and Governmental Affairs Subcommittee on Investigations . Last week, Volcker's panel issued a report [...]

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US military investigating officer Col. Patrick Reinhert on Tuesday recommended a court-martial for Staff Sgt. Alberto B. Martinez, a National Guard soldier charged with killing two of his superiors in Iraq . Col. Reinhert also noted that capital punishment could be an option for Martinez due to aggravating factors. During Martinez's Article 32 hearing , [...]

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The US Treasury Department Financial Crimes Enforcement Network Monday released the final draft of rules requiring certain insurance companies to launch anti-money laundering campaigns to frustrate efforts of terrorist groups. The rules, which also define which insurers will be subject to the requirements, are mandated by the federal Bank Secrecy Act as amended by the [...]

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Yigal Amir , who was convicted of assassinating former Israeli Prime Minister Yitzhak Rabin ten years ago this November, may demand a re-trial. According to his wife in an interview on Israeli Army Radio, Amir believes that though he did try to kill Rabin, the fatal shot was fired by a second shooter, and that [...]

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