Saudi Arabia reportedly used physical abuse to extract billions of dollars from some of the country’s richest men. At least 17 arrested officials were hospitalized in the early stages of the crackdown, and one died in custody. The corruption probe, spearheaded by Crown Prince Mohammed bin Salman, saw the arrests of more than 200 officials and businessmen, […]
Tag: Corruption
Prosecutors demand 30-year prison term for South Korean President Park Geun-hye in landmark corruption case
Nicolas Asfouri/AP Pool Prosecutors have demanded a 30-year prison term for former South Korean President Park Geun-hye for alleged bribery, abuse of power, and other crimes. If the court finds her guilty, Park would be the third South Korean president convicted of crimes. SEOUL, South Korea (AP) — Prosecutors have demanded a 30-year prison […]
‘Bibi go home!’ Israelis demand Netanyahu resignation over looming corruption charges (VIDEO)
Some 1,500 people have rallied in central Tel Aviv demanding the resignation of Benjamin Netanyahu over corruption allegations and a recent Israeli police recommendation that charges be brought against the Prime Minister. The “Bibi Netanyahu go home” slogan once again united the Israeli crowd holding their weekly anti-government corruption protest in Tel Aviv. Waving signs […]
USA Track & Field President Placed on Leave Amid Corruption Probe
Vin Lananna, who said the action was not necessary, was approached by investigators “months ago.” The probe is looking at the awarding of several sporting events, including the 2021 World Championships to the city of Eugene, Ore.
Saudi Arabia releases major tech investor after corruption probe
Saudi Arabia has released almost a hundred people detained on corruption allegations, and one of them is Prince Alwaleed bin Talal. The billionaire prince known as the “Arabian Warren Buffet” is one of the tech’s biggest investors and known for having stakes in various tech corporations. His current and former investments include Apple, Amazon, AOL, […]
Detained Saudi billionaire Alwaleed bin Talal says he expects to be released from custody in corruption probe
Thomson Reuters Saudi Arabian billionaire Prince Alwaleed bin Talal, detained in the kingdom’s sweeping crackdown on corruption, says he expects to be cleared of wrongdoing and be released from custody within days. He’s been detained in Riyadh’s opulent Ritz-Carlton hotel for more than two months, along with dozens of other suspects. The prince, one of the nation’s most […]
Former Fiat Chrysler VP pleads guilty in UAW corruption probe
Former Fiat Chrysler Automobiles executive Alphons Iacobelli pleaded guilty on Monday in connection to allegations that he made at least $ 1.5 million in improper payments to senior union officials, the U.S. attorney’s office in Detroit said. Iacobelli, 58, a former Fiat Chrysler vice president of employee relations, was charged in July in U.S. District […]
‘Arabian Warren Buffett’ arrested in Saudi corruption purge bargains for freedom – reports
Saudi Prince Alwaleed bin Talal, one of the wealthiest people in the world, is negotiating settlement terms with the country’s government, Reuters reports. The billionaire was held amid a massive anti-corruption purge. The grandson of the first Saudi king, who has been labelled the “Arabian Warren Buffett,” owns the renowned Kingdom Holding Company. He was […]
Corruption isn’t a new problem in Mexico — it’s core to its entire political system
Daniel Aguilar/Reuters During the 20th century, corruption helped Mexico attain the political stability that allowed it to achieve long periods of economic growth. It also remains the glue that holds the country’s establishment together. Personal enrichment has always been central to Mexico’s political system — and only a revolution can change that. On Dec. 20, […]
Is Rampant Corruption Fueling Populism in Brazil?
When Brazil’s then-president Dilma Rousseff was impeached in August 2016 on corruption charges, an end to the decade-plus rule of the left in the country, under her Workers’ Party, appeared imminent. Rousseff was in her second term, and her mentor, Luiz Inácio Lula da Silva, had served two terms as president before her. But a […]