Thursday, October 23, 2014

Ghostwriting Rulings

Latest: Corruption and Money Laundering;

 Chevron blame for pollution due to oil exploration by a ghost writer who play Robin Hood.

"Corruption Currents: From Ghostwriting Rulings to Decaying Trucks".

Bribery:


A former Ecuadorean judge testified at a trial in New York that he ghost-wrote rulings for another judge who ordered Chevron Corp.CVX +0.16% to pay $19 billion to villagers whose land had been polluted by oil exploration. Chevron accuses a U.S. lawyer of bribing the judges to win the award for the villagers. (Reuters)

The bribery and corruption trial of former New Orleans Mayor Ray Nagin was delayed. (New Orleans Times-Picayune)

The Diebold Inc.DBD +1.90% FCPA settlement implicated three Indonesian state-owned banks, but it didn’t name them. (Jakarta Post)

NCR Corp.NCR +2.31% released earnings Thursday and said it spent $1 million for the quarter on an investigation into potential FCPA and sanctions violations.

 

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