Bribery, Fraud & Tax Evasion
Kuwaiti firm Agility (formerly Public Warehousing) indicted here for overcharging the Army on an $8.5 billion contract is negotiating a possible settlement with the Justice Department. On Nov. 9, a federal grand jury in Atlanta indicted the firm on charges it gouged the U.S. government by overcharging on its contract to supply food to American troops in Iraq.
Funds belonging to the Mexican state oil monopoly, Pemex, have paid in recent years for liposuction treatment for the wife of the company's chief executive, a presidential candidate's campaign, contracts with firms facing legal action, and the whims of trade union leaders who are not required to account for their expenses.
Massive monoculture plantations have begun a cascade of changes to Uruguay's economy, environment and culture. Now, the foreign corporations that grow the trees are escalating the process by building massive pulp mills that threatening lives and livelihoods.
A state judge in Albany has found that Dell Inc. and its financing unit engaged in deceptive business practices related to financing promotions for its computers and technical support, New York Attorney General Andrew Cuomo said Tuesday.
Executives from three major Spanish construction companies are in the limelight for allegedly contributing to a slush fund for the Partido Popular, the Spanish ruling party: Fomento de Construcciones y Contratas from Barcelona, ObrascÃ³n Huarte Lain and Sacyr Vallehermoso from Madrid. The scandal has rocked the conservative government of Mariano Rajoy.
A report due this month detailing Fannie Mae's accounting troubles could be delayed into early February as investigators sift through volumes of new documents, some of which were just delivered last week, according to the lead investigator of Fannie's internal probe.
Two lawyers have filed a class-action lawsuit in federal court in Cincinnati accusing Duke Energy Corp. of overcharging tens of thousands of residential and business customers.