Among the more than $10,000 in gifts Dennis Rodman delivered to North Korea dictator Kim Jong Un in Pyongyang this month were “hundreds of dollars’ worth of Irish Jameson whiskey, European crystal, an Italian suit, a fur coat, and an English Mulberry handbag for Kim’s wife, Ri Sol-ju,” the Daily Beast said Friday.… Continue Reading
The Securities and Exchange Commission on Friday charged accounting firm KPMG with violating auditor independence rules.
An SEC investigation found that the Big Four firm provided non-audit assistance such as bookkeeping and corporate finance services to the affiliates of companies it was auditing.… Continue Reading
The Department of Justice sued Kellogg, Brown & Root (KBR) Services Inc. Thursday for taking kickbacks from two subcontractors and filing false reimbursement claims with the government.
Houston-based KBR had a contract to provide logistical support to the U.S.… Continue Reading
While China’s discipline watchdog celebrates its 2013 achievements, President Xi Jinping’s austerity drive continues to face challenges.
Bribe-givers and corrupt officials are now using digital technology and loopholes in online gift-giving laws to dodge the authorities.… Continue Reading
Weatherford International said it received final court approval for the $252.6 million settlement of FCPA and export offenses announced in November.
In an SEC filing, Weatherford said:
On January 17, 2014, the U.S.… Continue Reading