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Crime Bribery

  • SEOUL, May 23- South Korea's former leader Park Geun-hye abused her power and pressured companies to pay her tens of millions of dollars in bribes, a prosecutor told a Seoul court at the start of her corruption trial on Tuesday. If found guilty of taking bribes from business leaders including Samsung Group scion Jay Y. Lee, one of the key accusations that led to her...

  • SEOUL, May 23- South Korea's former leader Park Geun-hye abused her power and pressured companies to pay her tens of millions of dollars in bribes, a prosecutor told a Seoul court at the start of her corruption trial on Tuesday. If found guilty of taking bribes from business leaders including Samsung Group scion Jay Y. Lee, one of the key accusations that led to her...

  • *Park arrives for corruption trial in handcuffs. SEOUL, May 23- South Korea's former leader Park Geun-hye arrived at a Seoul court on Tuesday to stand trial on bribery charges over a corruption scandal that brought down her presidency. In her first public appearance since she was arrested in March, Park arrived at court in a blue correctional services van about an...

  • BRASILIA, May 22- Brazil's former president Luiz Inacio Lula da Silva has been charged by prosecutors who said the leftist politician was the mastermind behind the country's biggest bribery scheme. Lula, a founder of the Workers Party that controlled Brazil's presidency from 2003 until last year, is already facing five separate trials on corruption charges...

  • BRASILIA, May 22- Brazil's former president Luiz Inacio Lula da Silva has been charged by prosecutors who said the leftist politician was the mastermind behind the country's biggest bribery scheme. Lula, a founder of the leftist Workers Party that controlled Brazil's presidency from 2003 until last year, is already facing five separate trails on corruption...

  • SEOUL, May 23- South Korea's former leader Park Geun-hye makes her first public appearance on Tuesday since her arrest in March, standing trial on bribery charges over a corruption scandal that brought down her presidency. The first day of arguments on Tuesday comes two weeks after the election of President Moon Jae- in, who has promised to get tough on chaebol...

  • SAO PAULO, May 22- Brazil's stocks and currency resumed their recent slump on Monday on fears a growing political crisis could derail an ongoing reform agenda. JBS and J&F Investimentos, a sprawling conglomerate led by brothers Joesley and Wesley Batista, have admitted to paying the bribes in a case that has sparked calls for the resignation of Brazilian...

  • *UK lawyer who reviewed Rolls-Royce completes trio. PARIS, May 22- Airbus has appointed an independent panel including two former ministers to examine its anti-corruption practices after Britain and France launched fraud and bribery investigations into the sale of jetliners. Europe's largest aerospace group said on Monday the three advisers, who include...

  • PARIS, May 22- Airbus has appointed an independent review panel including two former ministers to oversee its anti-corruption practices after Britain and France launched fraud and bribery investigations into the sale of jetliners. The European airplane maker said on Monday the three advisers, who include former German finance minister Theo Waigel and...

  • SAO PAULO/ BRASILIA, May 19- Brazil's top court released plea-bargain testimony on Friday accusing President Michel Temer and his two predecessors of receiving millions of dollars in bribes, the most damaging development yet in a historic political corruption probe. The scandals that have engulfed Brazil's political class and many business elites reduce...

  • SAO PAULO/ BRASILIA, May 19- Brazil's top court released plea-bargain testimony on Friday accusing President Michel Temer and his two predecessors of receiving millions of dollars in bribes, the most damaging development yet in a historic politicial corruption probe. The scandals that have engulfed Brazil's political class and many business elites reduce...

  • SAO PAULO/ WASHINGTON, May 19- The brothers whose deft dealmaking helped build JBS SA into the world's No. 1 meat processor are testing that talent like never before as they seek a leniency deal with prosecutors after admitting to paying millions of dollars in bribes to Brazilian politicians. The 44- year old led the company's rapid expansion through U.S....

  • SAO PAULO, May 19- Several Brazilian hedge funds suffered their worst one-day losses in at least a decade on Thursday after the country's financial markets were slammed by a graft scandal threatening to topple President Michel Temer and his reform agenda. Brazilian markets took a beating on Thursday on reports Temer had been caught on tape condoning bribes to...

  • SAO PAULO/ BRASILIA, May 19- Brazil's Supreme Court released explosive plea-bargain testimony on Friday accusing President Michel Temer, along with former presidents Luiz Inacio Lula da Silva and Dilma Rousseff, of receiving millions in bribes. The testimony raises serious doubts about whether Temer, who replaced the impeached Rousseff last year, can...

  • SAO PAULO/ NEW YORK, May 18- Brazilian markets plummeted on Thursday as allegations that President Michel Temer condoned bribes to silence a key witness deflated investor optimism about the prospects for his ambitious pension and labor reform agenda. Blue-chip stocks such as lender Itaú Unibanco Holding SA and state-controlled oil company Petróleo...

  • SAO PAULO/ NEW YORK, May 18- Brazilian markets plummeted on Thursday as allegations that President Michel Temer condoned bribes to silence a key witness deflated investor optimism about the prospects for his ambitious pension and labor reform agenda. Brazil's benchmark Bovespa stock index closed 8.8 percent lower, its biggest daily decline since the 2008...

  • SAO PAULO/ NEW YORK, May 18- Brazilian markets plummeted on Thursday as allegations that President Michel Temer condoned bribes to silence a key witness deflated investor optimism about the prospects for his ambitious pension and labor reform agenda. Brazil's benchmark Bovespa stock index closed 8.8 percent lower, its biggest daily decline since the 2008...

  • RIO DE JANEIRO— The Latest on Brazil's political crisis:. Embattled Brazilian President Michel Temer says he will fight allegations that he endorsed the paying of hush money to an ex-lawmaker jailed for corruption. It was the first appearance since the Globo newspaper published a report Wednesday night that Temer was recorded supporting payments to former...

  • SAO PAULO, May 18- Brazilian markets plummeted on Thursday after allegations that President Michel Temer condoned bribes to silence a witness in a corruption probe fueled bets he could be ousted, derailing an ongoing reform agenda. Trading on the São Paulo Stock Exchange was temporarily halted for about an hour after the index dropped 10 percent in morning...

  • BRASILIA, May 18- Brazilian President Michel Temer resisted calls to resign on Thursday after allegations that he condoned the bribery of a potential witness in the massive "Car Wash" graft investigation, news that sent markets tumbling and raised doubts that Congress would pass his austerity measures. "We need to see what the Supreme Court says and whether it...