News That Matters

Tag: corruption

Fraud office narrows Rolls-Royce corruption probe

Business
[unable to retrieve full-text content]The Serious Fraud Office (SFO) has dropped its probe into a number of former Rolls-Royce Holdings employees amid pressure to conclude a wide-ranging bribery and corruption inquiry launched more than six years ago. Business News - Markets reports and financial news from Sky
Nawaz Sharif, Pakistan ex-PM, sent back to jail for corruption

Nawaz Sharif, Pakistan ex-PM, sent back to jail for corruption

World
Former Pakistani Prime Minister Nawaz Sharif has been sent back to jail after a fresh corruption conviction.The court in Islamabad gave Sharif a seven-year term for having investments beyond his declared assets.Sharif, who denies wrongdoing, was jailed in July in a different corruption case but bailed on appeal when the Islamabad High Court suspended his sentence in September.His party lost general elections in July while he was in jail. Former cricketer Imran Khan's Pakistan Tehreek-i-Insaf (PTI) won most seats, after running on an anti-corruption platform.Security around the court in Islamabad was tight for Monday's verdict.The former ruling party - the Pakistan Muslim League-Nawaz - had threatened to start a mass protest movem...
Yu Delu and Cao Yupeng match-fixing: Chinese pair banned in snooker corruption scandal

Yu Delu and Cao Yupeng match-fixing: Chinese pair banned in snooker corruption scandal

Sports
China's Yu Delu has been banned from snooker for 10 years and nine months after a major match-fixing inquiry.His compatriot Cao Yupeng also pleaded guilty to fixing, and was banned for six years although three and a half years of his sentence are suspended.Suspicious betting patterns in numerous matches were investigated over two years in one of the sport's biggest corruption scandals. Yu has been described as a "scourge to the game of snooker".As reported first by the BBC, the pair are the first Chinese players to be banned for cheating.Yu, who manipulated the outcome of five matches over a two-and-a-half-year period, will serve the longest suspension since English player Stephen Lee was giv...
Sanchez sworn in as Spanish PM amid corruption scandal

Sanchez sworn in as Spanish PM amid corruption scandal

World
Pedro Sanchez has been sworn in as Spain's prime minister after ousting Mariano Rajoy in a vote of no confidence. The socialist came to power at a ceremony at the Zarzuela Palace on the outskirts of Madrid presided over by the country's King Felipe VI.On Friday, Mr Sanchez successfully persuaded Spanish MPs to back a move to remove the former head of government in the wake of a corruption scandal.The no-confidence vote came after 29 former members of Mr Rajoy's conservative Popular Party were convicted of corruption last week. Image: Pedro Sanchez lines up with Felipe VI and former PM Mariano Rajoy at the investiture Although the parliament voted 180-169 on Friday to replace Mr Rajoy's government with one led by Mr Sanchez, the Sociali...
Israeli police recommend charging Netanyahu in corruption cases

Israeli police recommend charging Netanyahu in corruption cases

World
Israeli police on Tuesday recommended indicting Israeli Prime Minister Benjamin Netanyahu in two corruption investigations, a move that could lead to the first indictments after months of corruption investigations focusing on the prime minister and his family. Israeli police said in a statement they had "sufficient evidence" against the prime minister in both cases "for the offense of accepting bribes, fraud and breach of trust." Israeli police alleged Netanyahu received at least 1 million shekels, around $ 283,000, in lavish gifts and bribes. Case 1,000 alleges that Netanyahu accepted gifts from wealthy patrons in return for advancing their interests. In so-called Case 2,000, Netanyahu is accused of striking a deal with Israel's second largest newspaper, Yedioth Ahronoth, to provide h...