The RCMP says a former SNC-Lavalin executive has been sentenced to three-and-a-half years in prison in connection with a bribery scheme for a bridge repair contract in Montreal. Police say Normand Morin, once a high-ranking vice-president at the engineering firm, received the sentence Tuesday after his conviction for corruption and fraud last month. The police … Read more
BJP leader Agnimitra Paul accused Mamata Banerjee’s government of being with criminals. Agnimitra Paul’s statement came after Calcutta HC’s judgment which declared the entire panel of 2016 SSC recruitment is null and void. Agnimitra Paul said, “Why are Mamata Banerjee and her government is so concerned about protecting those people who got jobs by giving … Read more
A Dubai prince who made waves after announcing plans to set up a new family office in Hong Kong with a US$500 million investment pledge abruptly postponed its opening scheduled for Thursday. 3. In rare monetary policy shift, Xi tells China central bank to buy treasury bonds With the world’s second-largest economy at a critical … Read more
Former crypto mogul Sam Bankman-Fried was sentenced Thursday to 25 years in prison for his role in the 2022 collapse of FTX, which once was one of the world’s most popular platforms for trading digital currency. Bankman-Fried, 32, was convicted on seven charges in November related to fraud and conspiracy. A jury found that Bankman-Fried … Read more
China’s top police, prosecutors and judges have vowed to enforce tougher new penalties against people who offer bribes – a new front in Chinese President Xi Jinping’s anti-corruption drive. Under amendments to the criminal law that took effect on Friday, representatives from companies or other entities found guilty of paying bribes now face 10 years … Read more
