Kabul Bank, a financial institution part owned by President Hamid Karzai’s brother, has been taken control of by the Central Bank of Afghanistan. …read more
Posts Tagged ‘corruption’
Kabul Bank taken over by Afghan authorities
Tuesday, August 31st, 2010Karzai aides derailing corruption cases US officials claim
Monday, June 28th, 2010
The President of Afghanistan, Hamid Karzai, promised last November to crack down on corruption within his government.
In response the US supplied his authorities with surveillance technology and other assistance …read more
Harriet Harman to be charged, but she might not be the only one
Thursday, November 19th, 2009The Labour Deputy Leader and MP for Camberwell and Peckham, Harriet Harman, is to be charged with causing a vehicle accident whilst driving without due care and attention. It is alleged that she drove into stationary vehicle on the 3rd June 2009n while using her mobile phone. She is then said to have wound down the window and told onlookers “I’m Harriet Harman, you know where to find me.” …read more
Helmut Kiener, founder of the K1 fund, arrested
Thursday, October 29th, 2009Helmut Kiener, the founder of the K1 fund, has now been arrested. He will remain in custody in accordance with a court ruling made today. K1 is now not answering phone calls and a second person, an unnamed K1 manager, is now also a suspect. The German web-site of K1 has also been suspended. Files have been seized in Gernany and Switzerland and investigations are now extending to the Caribbean. It is alleged that K1 and Kiener have borrowed and invested in contravention of UK and French banking rules. There is in the region of $400 million involved, possibly more.
Gordon Brown forces expenses overhaul on MPs
Thursday, October 29th, 2009
In the face of a threatened revolt Gordon Brown will have the new expenses system imposed on MPs. The MPs had thought that they could vote on an eventually watered down proposal so ditching the bits they found ‘unacceptable’.
Sir Christopher Kelly has reviewed the expenses system and recommended amongst many others that: …read more
Police search home of K1 founder Helmut Kiener
Wednesday, October 28th, 2009The home of Helmut Kiener, the founder of the troubled K1 Group German based hedge fund firm, has been raided and authorities were seen removing boxes. Kiener has been under investigation for fraud and breach of trust. The fund has been the subject of an international criminal investigation since saddling Barclays, JP Morgan Chase, and BNP Paribas SA (amongst others) with losses in the region of $400 million. …read more
MPs Expenses: spouses revolt
Sunday, October 25th, 2009
The spouses of MPs are now flexing their contractual muscles. They are angry that they are being targeted in the push to reduce the scope for misuse of public funds.
Sir Christopher Kelly, who is producing the Commons expenses review, is expected to recommend an outright ban on the employment of close family members by MPs. …read more
Our Petition!
Friday, October 23rd, 2009Author: browneconomy
Can We Do Anything About It?
On Monday 23rd March, Site posted an Invited Voices entitled “The Constitutional Nuclear Button” where we briefly discussed the Queens powers to dissolve a Parliament. Since then, in the light of the ongoing ‘Expenses Scandal’, some of our greatest fears about the honesty & integrity of our political system have been brought into the public domain. Yesterday, in response to Site’s post: “Make laws for the benefit of the people” I half jokingly suggested a petition demanding a dissolution of Parliament. …read more
The Immigration Minister – Phil Woolas by day Phillamena by Night!
Friday, October 23rd, 2009BROWNECONOMY:
The Telegraph: MPs’ expenses by numbers
Philip Woolas has been caught in the closet, the ladies closet. His expense claims have included a LADIES blouse and panty liners! …read more
Whaling and bribes
Sunday, June 13th, 2010The Times says it has uncovered dubious practices by the Japanese in their quest to get the ban on whaling lifted.
The Times cites representatives of landlocked countries and those countries whose waters do not contain whales admitting that they vote with the Japanese because of what they receive in return. …read more
Tags: bribes, Comment, corruption, iwc, japan, News, whale, whaling
Posted in Comment, Science, Technology & Environment | No Comments »