Accountability

Controversial Call from FCA: Judge's Reaction to Barclays Case Raises Eyebrows

10 hours ago

A recent hearing in a high-profile case involving former Barclays CEO Jes Staley has drawn attention after a judge's bewilderment over the approach taken by the Financial Conduct Authority (FCA). The case primarily revolves around alleged misconduct during Staley’s tenure at Barclays, with the FCA’s interactions being scrutinized following a phone call that caught the court's attention.

Deutsche Bank's DWS Settles Major Greenwashing Investigation in Germany

19 hours ago

In a significant move reflecting the growing scrutiny on sustainability claims within the finance industry, Deutsche Bank's asset management arm, DWS, has reached a settlement regarding a contentious greenwashing investigation led by German regulators. This development highlights the increasing pressure on financial institutions to ensure transparency and accuracy in their environmental claims amidst a rising tide of investor demand for genuine sustainable practices.

Massive $280 Million Muni Bond Fraud Scheme Uncovered in Sports Park Project

1 day ago

In a shocking turn of events, authorities have charged promoters involved in a sports park project with orchestrating a fraudulent scheme that led to the alleged misappropriation of approximately $280 million through municipal bonds. This extensive investigation has revealed a web of deceit and false promises aimed at securing funding for the development of a multi-faceted sports and entertainment facility.

Controversy Surrounds Argentine Congressman Milei for Charging $20,000 for Private Dinners

2 days ago

The political landscape in Argentina has been shaken by revelations concerning Javier Milei, a congressman known for his unconventional views and extreme libertarian stance. It was reported that during his tenure as a congressman, Milei charged upwards of $20,000 to attend private dinners, sparking a wave of public outrage and calls for accountability.

Rio Tinto Shareholders: Navigating Trust and Accountability with the Board

3 days ago

In a recent opinion piece on Bloomberg, discussions surrounding Rio Tinto’s corporate governance have come into sharp focus as shareholders are urged to reconsider their trust in the company's board of directors. Amid ongoing concerns about accountability and decision-making, investors are urged to adopt a "trust but verify" approach towards their leadership.

Startup CEO Charlie Javice Found Guilty in High-Stakes Fraud Case Against JPMorgan

5 days ago

In a significant development within the financial and tech industries, Charlie Javice, the former CEO of the startup Frank, was convicted on charges of defrauding JPMorgan Chase as part of a multi-million dollar acquisition deal. The ruling, which came down from a federal jury in Manhattan, highlights the growing scrutiny on startups and their operational practices, particularly regarding financial disclosures and customer data.

Namibia’s New Leadership Pledges Swift Reforms and Graft Combating Measures

9 days ago

In a bold declaration marked by optimism and urgency, Namibia’s newly inaugurated leader has committed to an accelerated agenda of reforms aimed at tackling corruption and revitalizing the nation’s economy. Speaking at the official ceremony, the leader laid out a vision not only for governmental improvement but also for enhancing the country’s social welfare system.

Can Keir Starmer Reshape the UK's Relationship with Tech Giants?

9 days ago

In an era defined by rapid technological advancements, political leaders across the globe face the challenging task of navigating the intricate dynamics between government regulation and the tech industry. Recently, Allegra Stratton explored the implications of this confrontation within the UK context, particularly focusing on Labour leader Keir Starmer's potential to maintain a critical stance against the powerful tech elite.

Bayer Faces $2 Billion Jury Verdict Over Roundup Cancer Claims in Georgia

12 days ago

In a significant legal setback, Bayer AG has been ordered by a jury in Georgia to pay $2 billion in damages to a couple who alleged that their cancer was caused by the company's glyphosate-based herbicide, Roundup. The verdict follows a trial that highlighted the contentious and ongoing debate surrounding the safety of glyphosate, a chemical that has been under scrutiny due to its potential link to cancer.

South Korean Court to Make Crucial Decision on Impeached PM Han's Fate

14 days ago

In a significant development for South Korean politics, the Constitutional Court is set to issue a verdict this coming Monday concerning the impeachment of Prime Minister Han Duck-soo. This ruling will have critical implications not only for Han's political future but also for the broader stability of the nation’s government amidst ongoing socio-economic challenges.