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Crime Bribery

  • *Samsung Group chief arrested, indicted on bribery, other charges. Investors had expected the global leader in smartphones and memory chips to adopt a holding company structure, as the founding Lee family tries to solidify its control of the Samsung Group flagship ahead of a leadership succession. But Chief Executive Kwon Oh- hyun told the annual shareholder...

  • SEOUL, March 24- Tech giant Samsung Electronics Co Ltd, one of several South Korean companies caught up in a political influence-peddling scandal, said on Friday it did not provide any illegal financial support. Samsung Group leader Jay Y. Lee was indicted by a South Korean special prosecution team in February on charges including bribery.

  • The attorney for a Pennsylvania man charged in a bribery scheme involving construction projects at military bases says the man will plead not guilty. The U.S. attorney's office in New Jersey alleges Kevin Leondi, of Stroudsburg, received $125,000 in bribes in the form of cash, the sale of unneeded equipment and work performed at his personal property.

  • SAO PAULO— Brazil's meat exports effectively collapsed this week, the agricultural minister said Wednesday, as several countries halted imports from the South American country in the wake of a meat inspection scandal. Brazil is struggling to contain the scandal, in which investigators say that health inspectors were bribed to overlook expired meats and...

  • ING has confirmed it is facing a criminal investigation into alleged money laundering and corruption from Netherlands authorities.

  • SAO PAULO/ BEIJING, March 20- China and the European Union curtailed meat imports from Brazil on Monday after police, in an anti-corruption probe criticized by the government as alarmist, accused inspectors in the world's biggest exporter of beef and poultry of taking bribes to allow sales of rotten and salmonella-tainted meats. As the scandal deepened,...

  • SAO PAULO/ BEIJING, March 20- Fallout from a meatpacking industry scandal in Brazil, the world's biggest exporter of beef and poultry, widened on Monday as China, the EU, South Korea and Chile curtailed meat imports from the country after inspectors were accused of taking bribes to allow sales of tainted food. Brazil's President Michel Temer has sought to downplay...

  • RIO DE JANEIRO— Brazil's president met Sunday with dozens of ambassadors from countries that import Brazilian meat, seeking to minimize damage from a corruption probe that alleges meatpackers bribed inspectors to keep rotten meat on the market. Speaking at the presidential palace, President Michel Temer told the diplomats that Brazil's "government wants...

  • SAO PAULO/ CURITIBA, Brazil, March 17- Brazilian police raided the premises of global meatpacking companies JBS SA and BRF SA on Friday, as well as dozens of smaller rivals, in a crackdown on alleged bribery of health officials that could threaten $12 billion in annual exports. "This stains the entire system that Brazil has spent years building."

  • SAO PAULO/ CURITIBA, Brazil, March 17- Brazilian police raided the premises of global meatpacking companies JBS SA and BRF SA on Friday, as well as dozens of smaller rivals, in a crackdown on alleged bribery of health officials that could threaten $12 billion in annual exports. "This stains the entire system that Brazil has spent years building."

  • March 17- A New Jersey pastor and a Florida software engineer were convicted on Friday of scheming to help an illegal bitcoin exchange avoid having banks and regulators look into its activities. Pastor Trevon Gross, 47, and programmer Yuri Lebedev, 39, were convicted of conspiracy and bribery charges by a jury in Manhattan federal court after a week of...

  • SAO PAULO/ CURITIBA, Brazil March 17- Brazilian police raided the premises of global meatpacking companies JBS SA and BRF SA on Friday, as well as dozens of smaller rivals, in a crackdown on alleged bribery of health officials that could threaten $12 billion in annual exports. Police investigator Mauricio Moscardi Grillo said there was evidence of some...

  • March 17- A New Jersey pastor and a Florida software engineer were convicted on Friday of scheming to help an illegal bitcoin exchange avoid having banks and regulators look into its activities. Pastor Trevon Gross, 47, and programmer Yuri Lebedev, 39, were convicted of conspiracy and bribery charges by a jury in Manhattan federal court after a week of...

  • SAO PAULO— Two big Brazilian meatpackers bribed inspectors to keep rotten meat on the market, police charged Friday in issuing dozens of arrest warrants, while a judge accused the Agriculture Ministry of betraying the country. Authorities warned that the case was a severe blow to the international image of Brazil's agribusiness sector, which officials have...

  • CURITIBA, Brazil, March 17- Brazilian federal police raided dozens of meatpacker offices on Friday, including industry giants JBS SA and BRF SA, following a two-year investigation into alleged bribery of regulators to subvert inspections of their plants. Police investigator Mauricio Moscardi Grillo said there was evidence of some companies manipulating...

  • RIO DE JANEIRO/ SAO PAULO, March 17- Brazil's Federal Police on Friday launched massive raids and searches as part of a probe of unnamed food processors accused of bribing regulators to loosen oversight. In a statement, police said they were carrying out searches across six Brazilian states as part of a probe called "Operation Flesh Is Weak." The size and extent of...

  • *Seoul Central District Court reassigns Jay Y. Lee bribery case. SEOUL, March 17- A South Korean court said on Friday it has reassigned Samsung Group chief Jay Y. Lee's bribery trial to another judge, following questions about the previous judge's connection to a woman Lee is accused of bribing. A Seoul Central District Court spokesman said the case had been...

  • LIMA, March 15- Odebrecht's Peruvian unit might not be able to pay creditors and suppliers starting next month after $30 million of its local assets were seized by authorities to ensure it will pay eventual reparations for bribes, a company source said. The Brazilian company must make $50 million in payments in Peru in April but faces a "high risk" of not being able...

  • BRASILIA, March 14- Brazil's top public prosecutor asked the Supreme Court to open 83 new investigations into senior politicians on Tuesday, reportedly including five ministers and leading lawmakers, in a dramatic escalation of a graft probe threatening the government. Prosecutor General Rodrigo Janot also requested that the Court send 211 other requests...

  • BRASILIA, March 14- Brazil's top public prosecutor asked the Supreme Court to open 83 new investigations into senior politicians on Tuesday, reportedly including five ministers and leading lawmakers, in a dramatic escalation of a graft probe threatening the government. Prosecutor General Rodrigo Janot also requested that the Court send 211 other requests...