The IPO offerings to Bank officials were "the least of the Bank's problems. At the end of the day, whatever they may have gotten with stock options or whatever, I think is nothing compared to the rampant corruption that is being practiced on the Bank's lending operations," says former Bank official Steve Berkman.
Former Goa minister Churchill Alemao has filed a fresh bail application before the special court in connection with the Louis Berger bribery case.
A defiant Buta Singh on Saturday refused to resign from his post in the wake of the bribery scandal, in which his son Sarobjit was arrested by the Central Bureau of Investigation, and claimed that he could have 'confessed under pressure'. "Resign? Why should I resign," Singh shot back at reporters on being asked whether he will step down as Chairman of the National Commission for Scheduled Castes after his son was arrested on the charge of demanding a bribe of Rs one crore."
Prime Minister Manmohan Singh will reply to the confidence debate on Tuesday at 6 pm and voting is to be held after that. The Bharatiya Janata Party demanded the resignation of Dr Singh over allegations raised by three saffron party MPs that they were offered money for abstaining from voting.
Former FIFA Vice President Jack Warner, who has been accused of soliciting bribes as part of a vast corruption case against senior soccer officials, left jail in Trinidad and Tobago via ambulance on Thursday after he was granted bail, according to local media.
Raising the issue during Zero Hour, Roy wanted to know who has taken bribe in the deal to buy 12 VVIP helicopters.
The petition filed by Yeddyurappa said that on October one, Kumaraswamy son of former prime minister H D Deve Gowda alleged that a Rs 50 crore kickback was involved in awarding the contract for construction of residential quarters for economically-weaker sections in Ejipura in Bangalore to a private construction company Maverick Holdings.
Thanking the United Progressive Alliance leadership and its constituents for a "convincing" victory in the trust vote, a beaming Prime Minister Manmohan Singh on Tuesday night said whatever is necessary under the law will be done on charges of bribing MPs.
West Indies cricketer Marlon Samuels has been found liable of one of the two bribery charges and faces a two year ban from international cricket.
US prosecutors may find it difficult to get a number of the people they have charged in the FIFA bribery scandal to face the music.
The chief minister has asked officials for the 'factual status' of the case.
Prime Minister Manmohan Singh on Tuesday won a vote of confidence in the Lok Sabha with a comfortable margin belying predictions of a close contest on a day marred by unseemly scenes over allegations of bribery.
The CPI(M) on Tuesday termed the winning of trust vote by the Manmohan Singh government as the "sad day" of Parliamentary democracy as it was accompanied by charges of bribery and horse trading.
Weightlifter L Monika Devi was on Tuesday unanimously chosen ahead of Shailaja Pujari to represent the country at the Beijing Olympic Games after a selection trial in Bangalore, bringing to an end a selection controversy and allegations of bribery. Monika, who won a silver and two bronze medals at the Asian Championships in Japan, in April-May, to book the lone berth for India, will compete in the 69kg category while Shailaja (75kg) will be the reserve lifter.
West Indies batsman Marlon Samuels has been charged with misconduct after an internal investigation by the WICB into bribery and match-fixing allegations against him.
A Delhi court fixed April 9 for recording of pre-summoning evidence against Arvind Kejriwal.
The Assam Pradesh Congress Committee on Saturday evening decided to suspend sacked state education minister Ripun Borah from the primary membership of the party in the wake of his arrest by Central Bureau of Investigation on a bribery charge on June 3. The APCC informed the media that sacked minister Borah was suspended from the party after the AICC gave the approval for it. The AICC former minister was a member of the party's national level committee.
Porto have been excluded from next season's Champions League by European soccer's governing body UEFA over the alleged bribery of referees in the 2003-04 season, the Portuguese club said in a statement on Wednesday. Porto said it would try to overturn the decision through the UEFA appeals body. The club gave no further details and its officials were not immediately available to comment.
Former Premier League striker Delroy Facey has been charged with conspiracy to commit bribery, officers investigating match-fixing said on Monday.
Following are the names of some high-profile people who have been put behind the bars
News of all that's transpired on and off the football field on Thursday
OPS said he was being "forced" to come up with such an announcement.
The president of Chile's ANFP national football association Sergio Jadue has resigned from his post and gone to the United States to talk to the FBI about corruption at football governing body FIFA, local media reported on Wednesday.
The session of Rajya Sabha came to an end on Friday after passing 12 bills and wasting 19 hours due to disruptions over various issues like imposition of President's rule in Uttarakhand and AgustaWestland helicopter deal controversy.
Dinakaran said the value of his movable and immovable assets stood at Rs 74,17,807 -- immovable assets worth Rs 57.44 lakh and movable assets worth were Rs 16.73 lakh.
Former Railway Minister Pawan Kumar Bansal on Sunday hit out at his detractors, who questioned his re-nomination from Chandigarh over the cash-for-post scam issue, claiming he was a victim of a conspiracy and had suffered despite there being no evidence against him.
Despite India becoming a new destination for global investors, 38 per cent of over 5,400 companies' representatives surveyed by the global consultancy firm PricewaterhouseCoopers said they were asked to pay bribes to get licences, orders over the past two years.Among the seven major emerging economies of the world, India is ahead of Turkey, Mexico and China, where 28, 28 and 21 per cent of firms in that order reported experience with bribery.
US authorities are investigating corruption at FIFA, soccer's global governing body, while Swiss prosecutors have announced their own criminal inquiry into the 2018 and 2022 bids awarded, respectively, to Russia and Qatar.
US authorities are examining payments made by Nike Inc under a 1996 football sponsorship deal with Brazil.
'Work will now be basically file movements from one desk to another as both the government and the agency would not like to antagonise the court.'
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He has also sought stay of the Centre's order asking him to proceed on leave and giving the interim charge of his post to Joint Director M Nageswara Rao, a 1986 batch Odisha-cadre IPS officer.
Roopa had alleged that Rs 2 crore had exchanged hands to provide special facilities to Sasikala.
Twelve Trinamool Congress leaders including Mukul Roy and Madan Mitra have been booked by the Central Bureau of Investigation for alleged criminal conspiracy and corruption in the Narada sting case wherein they were purportedly filmed while taking money.
India's offer is to train officers to prevent, investigate and prosecute corruption cases in the new Interpol Anti-Corruption Academy that is being set up in Austria.
Janardhan Reddy had accused Kumaraswamy of accepting nearly Rs 150 crore.
FIFA President Sepp Blatter was relieved of his International Olympic Committee ex officio membership on Monday.
Faced with allegations that included bribery and violation of sovereignty, Park was accused of colluding with Choi to secure millions of dollars in bribes from the country's biggest enterprises and allowing Choi, a civilian, to interfere in state affairs. Park had apologized, but denied any wrongdoing.
Airbus' $99 million payout puts a new light on Eurofighter's 'unsolicited bid' to the Modi government, reducing the cost of the Typhoon fighter by 20 per cent, making it in retrospect significantly cheaper than the Rafale.
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