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Monday, June 17, 2019

Tag: Scandal

No rush in investigating viral sex video case, says IGP

He says police have not obtained any leads yet on the authenticity of the sex video clips, adding that police need time and space to investigate the case.

Top US universities took funds from Chinese firm tied to Xinjiang...

US universities are taking a closer look at their collaborations with Chinese technology companies considering the US-China trade conflict.

Austrian cabinet fractures as Kurz ousts far-right minister

The FPO says they will vacate all ministerial posts if Herbert Kickl is forced out.

Austria’s President recommends parliamentary elections in early September

Van der Bellen says it was most important that Austrians were given the chance for a new start to rebuild trust in its government.

Austria headed for snap elections

Many are questioning whether conservative Chancellor Sebastian Kurz can still govern in coalition with the far-right Freedom Party.

Humiliating exit for Austrian far-right’s ‘Mr Clean’

The 49-year-old was forced to quit on Saturday after German media reports Strache promising public contracts in return for campaign help.

Austrian far-right leader resigns over ‘Ibiza affair’

Strache promised public contracts in return for campaign help from a fake Russian backer.

Bank secrecy rules get a rethink after Danske scandal

The Danske case revealed potential loopholes in European legislation, which may force a rethink of the privacy protection laws.

Jho Low slapped with another charge in US

The US Justice Department says, to win influence, the fugitive financier gave RM89 million to a musician friend and that some of this money ended up as campaign donations for former president Barack Obama’s re-election bid.

Story of US college admissions scandal coming to television

Annapurna Television announces it has optioned the rights to an upcoming book and plans to turn it into a one-hour limited series.

Scandal-hit Steinhoff posts US$4 bln operating loss for fiscal 2017

The scandal almost collapsed the company, wiping out more than US$13.87 billion of shareholder equity.

K-pop scandals uncover dark side of Seoul’s flashiest district

The world was introduced to Gangnam by the 2012 K-pop hit “Gangnam Style”.

Wells Fargo CEO abruptly steps down, succumbing to its scandals

Tim Sloan was promoted to CEO after John Stumpf stepped down amid intense blowback over the revelation that employees had opened millions of fake accounts to meet sales goals.

Scandal-hit Korean Air chief forced off board by shareholders

Cho Yang-ho became the first controlling shareholder of a South Korean conglomerate to be forced off the board.

Warner Bros chief Kevin Tsujihara ousted over sex scandal

Kevin Tsujihara has tainted Warner Bros's image and his resignation is seen as a responsible move.

Goldman faces up to RM36 bil in fines over 1MDB fiasco,...

Citi analysts say if US regulators view this more as an isolated incident and believe Goldman has an effective compliance programme, then the fine will be lower.

Bancroft defends ball-tampering interview, says no Warner rift

Bancroft said he had been in touch with Warner, and that all three banned players had supported each other.

US seeks to recover another RM154 million in 1MDB-related assets

The additional assets that the US Department of Justice wants to recover brings the total value of assets now subject to forfeiture to about RM6.9 billion.

Pope opens child sex abuse conference, promising ‘concrete’ remedies

Some victims' groups call the Vatican conference a publicity stunt, aimed at cleansing the image of the 1.3 billion-member Church.

Australia banks hit with tougher regulation after scandals

After confidence-shattering scandals, Australian banks to be better regulated.

Ghosn’s payout: First challenge for Renault’s new chiefs

The French government, which owns 15% of the carmaker and 22% of voting rights, has warned it doesn't intend to let the former CEO walk away with the kind of lavish payouts that he is accustomed to.

Nissan special committee says carmaker suffered from poor governance

Special committee recommendations on ways to tighten governance and approval processes for matters including director compensation and chairman selection are expected in March.

VW says diesel scandal cleanup to cost 2 billion euro in...

In 2020 Volkswagen Group will see costs of about 1 billion euros related to emissions cheating.

Goldman CEO defends actions as stock sinks after fallout from 1MDB

David Solomon says in his year-end message that while they understand the anger and scepticism about the bank, the criticism does not accurately reflect the bank’s work culture.