The crisis at Société Générale deepened yesterday when Jérôme Kerviel, the alleged perpetrator of the biggest rogue trading scandal in financial history, was sent to prison for the duration of the investigation and a second trader was being interrogated by police. SocGen has consistently claimed that Kerviel acted alone and was solely responsible for operations […]
Indian Doctor Held in Nepal Over Kidney Snatching Racket
An Indian doctor suspected of being behind an illegal kidney transplant racket was arrested in Nepal today and paraded before journalists in the Himalayan country’s capital, Kathmandu. Amit Kumar is accused of running a private hospital, just outside Delhi, which allegedly lured or forced hundreds of poor people into giving up their kidneys and made […]
Detectives Turn Attention to Northern Cyprus As Search for Missing Securitas Millions Continues
When five members of the gang who carried out Britain’s biggest ever robbery were jailed at the Old Bailey last week for playing for what the judge described as "uniquely high stakes", it was to Northern Cyprus that the attention shifted. With only £21m of the stolen £53m recovered, did Northern Cyprus, which has no […]
RP senator seeks eradication of corruption in military
Senator Antonio F. Trillanes IV, a former officer of the Philippines Navy who walked out of the Makati City court room, along with a general and some junior officers now facing criminal charges as a consequence of the July 27, 2003 Oakwood mutiny, has warned that another military intervention is expected to occur soon if […]
Plaintiff testifies in graft trial of Hasina
A Bangladeshi businessman told a graft hearing against former Prime Minister Sheikh Hasina that he gave her cousin hundreds of thousands of dollars to win approval for a proposed power plant, trial lawyers said on Wednesday. Azam J Chowdhury told the court that he paid about 30 million takas to Sheikh Fazlul Karim Selim so […]
French Rogue Trader Surrenders
French police have been given a further 24 hours in which to question traders Jerome Kerviel, at the centre of a suspected massive share-dealing fraud. Kerviel presented himself to police voluntarily on Saturday. No charge have yet been brought against him. He is accused by his former employer, bank giant Societe Generale, of fraudulent trading […]
- « Previous Page
- 1
- …
- 45
- 46
- 47
- 48
- 49
- …
- 51
- Next Page »