Stock hijacker Mark Miller pleads guilty in over-the-counter market shell company pump-and-dump scheme

A pedestrian wearing a face mask looks at a smartphone while passing in front of the New York Stock Exchange (NYSE) in New York, on Monday, July 20, 2020. Michael Nagle | Bloomberg | Getty Images A Minnesota general contractor pleaded guilty Thursday to a scheme to hijack dormant shell companies and then pump-and-dump their … Read more

Former bureaucrat of Haryana convicted in DA case

A special CBI court has sentenced Sanjeev Kumar, a 1985-batch Haryana cadre IAS officer, to four and a half years of simple imprisonment for ‘amassing assets disproportionate to his known sources of income’, 16 years after he was booked by the Central Bureau of Investigation on corruption charges. The special CBI judge had last month … Read more

7 IAS officers arrested for corruption in past 3 years: Government

NEW DELHI: Seven officers of the Indian Administrative Service (IAS) were arrested in the last three years, Parliament was informed on Thursday. In a written reply to a question in the Rajya Sabha, Minister of State for Personnel Jitendra Singh said, “As per information received from 27 state governments/Union Territories, 7 officers belonging to Indian … Read more

View: Is the Global Corruption Barometer missing the big picture?

Corruption is a social fact, as it is difficult to find a society free of corruption. The latest ‘Global Corruption Barometer’ report of Transparency International (TI) for Asia has portrayed India as a country with the highest bribery rate in Asia. To have a balanced perspective, we need to view the report against the backdrop … Read more

Property details of officials, BJD’s people’s representatives to be in public domain: Odisha CM Naveen Patnaik

Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Monday announced that the property details of all elected people’s representatives of the ruling BJD including him, besides government officials at all levels will be put in the public domain for scrutiny. Noting that corruption is the biggest hurdle to development, Patnaik, while addressing the BJD’s state council … Read more

I was attacked: Ballia shooting accused claims innocence in video, accuses SDM of corruption; BJP MLA seeks FIR

Two days after the shooting incident in Uttar Pradesh’s Ballia where BJP worker Dhirendra Pratap Singh gunned down a local during a commotion over the allotment of ration shops, the BJP leader has now come out with a video claiming that he did not fire at anyone. Instead, the BJP member has accused the police … Read more

Alexei Navalny Accuses Putin of Ordering Novichok Attack

MOSCOW—Kremlin critic Alexei Navalny blamed President Vladimir Putin for his poisoning with a Soviet-era nerve agent and promised to return to Moscow to fight for political change in Russia. The opposition politician, who has accumulated an enormous online following with exposes of Kremlin-linked corruption, said he was poisoned with a new type of Novichok and … Read more

China Sentences Xi Critic Ren Zhiqiang to 18 Years in Prison

HONG KONG—A Beijing court sentenced an influential businessman known for his outspoken criticism of China’s leader, Xi Jinping, to 18 years in prison, meting out harsh punishment in a corruption case that is likely to chill dissent within the Chinese political elite. Ren Zhiqiang, 69 years old, was sentenced Tuesday after being convicted of corruption, … Read more

How FinCEN leak came to haunt banks at worst time

By Silla Brush The global financial industry is under the spotlight again after a cache of leaked documents show years of transactions handled by the world’s largest banks linked to money laundering, corruption and fraud. The report dubbed the FinCEN files, released by the International Consortium of Investigative Journalists and based on leaked documents obtained … Read more

Mexican Leader Vowed to End Corruption, but Some Ask: ‘What Is Different Now?’

President Andrés Manuel López Obrador said he would clean up the country’s system from top to bottom, but two years into his term surveys show graft is increasing. Source link