corruption

FIU: Assets of 96 people frozen in 4-year period

From 2015 to March 2019, al­most 100 peo­ple and groups have been added to the state’s con­sol­i­dat­ed list of ter­ror­ists whose as­sets in lo­cal fi­nan­cial in­sti­tu­tions were or­dered to be frozen.

The list, which in­cludes 96 peo­ple and groups as of March 25, 2019, al­so or­ders lo­cal banks not to do any busi­ness with those peo­ple and en­ti­ties.

The lat­est ad­di­tion to the list was the Pak­istan-based Tariq Gi­dar Group by a High Court or­der on March 25.

JSC hears of fraud at Diego corporation

Al­leged fraud at Diego Mar­tin Re­gion­al Cor­po­ra­tion, now be­ing probed by po­lice, in­clude sit­u­a­tions in 2016 where the cor­po­ra­tion broke rules and paid a ven­dor in ad­vance for items which didn’t ma­te­ri­alise ful­ly—plus an­oth­er mat­ter where 300 peo­ple were hired fraud­u­lent­ly.

And the per­son al­leged to be at is­sue in the hir­ing mat­ter was trans­ferred from the cor­po­ra­tion to the Lo­cal Gov­ern­ment’s Kent House head of­fice.

Around the World: Nissan Chair arrested for 'misconduct'

Nissan Chairman Carlos Ghosn is arrested over claims of financial misconduct.
Mr Ghosn, a towering figure in the car industry, will be sacked from the Japanese firm after a board meeting on Thursday, and that's according to its chief executive.
He has been accused of "significant acts of misconduct", including under-reporting his pay package and personal use of company assets.
Nissan said it was unable to give further details on the offences.
Japanese prosecutors have yet to comment on Mr Ghosn's arrest.

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