SAO PAULO — Luiz Inácio Lula da Silva has done it again: Twenty years after first winning the Brazilian presidency, the leftist defeated incumbent Jair Bolsonaro Sunday in an extremely Read more
Tag: Corruption
Exxon Mobil exits Russia after Kremlin’s ‘expropriation blackmail’
Exxon Mobil announced its exit from Russia this week after Moscow grabbed the company’s stake in the Sakhalin-1 oil and gas venture, a move described by an observer as “expropriation Read more
Highly sanctioned Russian oligarch with close ties to Putin indicted for sending flowers, arranging for child to be born in the U.S.
Aluminum tycoon Oleg Deripaska, a Russian oligarch with close ties to Vladimir Putin, has been indicted for allegedly evading U.S. sanctions through hidden financial transactions, including sending people flowers and Read more
‘The motivation was greed’: Ex-Nigerian official gets 5 years for stealing US disaster funds
A former government official in Nigeria has been sentenced to five years in a U.S. prison for using stolen identities to apply for millions of dollars in American disaster relief Read more
As U.S. stymies China’s chip sector, Beijing’s domestic industry is mired in corruption
China’s semiconductor industry is in the midst of a corruption tsunami, just as the U.S. intensifies rules aimed at hampering Beijing’s chip-sector capabilities. At least a dozen top-level executives have Read more
Samsung scion Lee Jae-yong to receive pardon from South Korea’s president
SEOUL — Samsung’s de facto leader, Lee Jae-yong, will receive a pardon on Monday, South Korea’s presidential office said, a legal reprieve underpinned by expectations that the business tycoon will help Read more
Ericsson vows ‘zealous’ defense against U.S. suits by terror victims over alleged bribes paid to al Qaeda, ISIS
Ericsson is being sued by hundreds of Americans who say the company’s alleged payment of bribes to al Qaeda and Islamic State — protection money meant to let it operate in Read more
Sepp Blatter and Michel Platini acquitted on charges of defrauding FIFA
BELLINZONA, Switzerland (AP) — Sepp Blatter and Michel Platini were acquitted on charges of defrauding FIFA by a Swiss criminal court on Friday, a rare positive outcome for the pair Read more