Bribery, Fraud & Tax Evasion
A former HealthSouth Corp. finance executive was sentenced to a year and a day in prison on Wednesday for his part in the multibillion-dollar accounting fraud that rocked the company.
Alcoa and Cargill have bypassed laws designed to prevent destruction of the world's largest rain forest, Brazilian prosecutors say. The damage wrought by scores of companies is robbing the earth of its best shield against global warming.
The former general counsel of Biogen Idec Inc. settled securities-fraud and insider-trading charges, agreeing to pay more than $3 million related to his sale of company shares on the day the biotech company learned that a patient taking its new multiple sclerosis drug was sick with a deadly infection.
Over a year after a torrent of liquid mud at an Indonesian oil exploration site inundated four villages, killing almost 100 people, the local community is still awaiting clean-up and proper compensation. This is despite the fact that the drilling company is owned by the family of a senior Indonesian minister.
The Yadana natural gas pipeline runs through the heart of the debate on corporate responsibility as to how foreign businesses should operate in a country ruled by a military dictatorship accused of widespread human rights abuses and violent suppression of dissent within its borders.
A lawsuit against Victor Dahdaleh, a Canadian-British billionaire, for allegedly paying Â£39 million ($65 million) in bribes to win supply contracts worth Â£2 billion ($3.2 billion) from Aluminium Bahrain (Alba) has collapsed.
Ever wonder why it is that when a company gets caught lying to, and/or cheating investors that they so often settle the case quickly, agreeing to pay millions of dollars back but ''without admitting or denying'' they did anything wrong?
One of Washington's top lobbying operations will shut down at the end of the month because of its ties to disgraced lobbyist Jack Abramoff and former House majority leader Tom DeLay.
President George W Bush's administration, already on the back foot over its connections with the collapsed energy giant Enron, faces questions over a massive defence contract which aided an investment firm with Bush family links.