Mueller just gave Democrats the key to taking down Trump March 28, 2019 Five years ago, Republicans set up a congressional committee to investigate the deaths of four Americans in a 2012 attack on the US embassy in Benghazi, Libya, focusing particularly on the role of then secretary of state Hillary Clinton during the crisis. Two years later, it had spent $7m, produced an 800-page report, and questioned [...]
Ex-Labour minster quits party with astonishing attack on the ‘Corbyn Cult’ May 14, 2019 A former Labour minister has quit the party with a savage attack on the “Corbyn Cult” she claims has taken over the leadership. Bridget Prentice, who served as a junior minister in the Ministry of Justice under Tony Blair, compared the Labour party to North Korea were “disloyalty to the leader is a criminal offence.” Prentice, [...]
KPMG and Deloitte under investigation for role in 1MDB corruption scandal January 26, 2019 International auditors KPMG and Deloitte are being investigated in Malaysia for their role in the 1MDB corruption scandal. Malaysian authorities said today they are looking into the state fund’s auditors, without identifying the firms. Read more: Goldman Sachs chief executive apologises to Malaysian people over 1MDB scandal “The Securities Commission’s review of the conduct of auditors [...]
America is changing, and the UK cannot afford to ignore it June 10, 2019 I cannot begin to estimate how much ink has been wasted on President Trump’s state visit to the UK last week. This is not to dismiss the significance of commemorating the D-Day anniversary, and the immense shared sacrifice of British and American soldiers in liberating Europe. But the rest of the state visit, focusing as [...]
Huawei said to be planning lawsuit against US government over product ban March 4, 2019 Chinese telecoms giant Huawei is set to sue the US government for banning federal agencies from using its products, the New York Times reported, citing people familiar with the matter. The lawsuit, which will be filed in the Eastern District of Texas, will likely accuse the US of enacting a so-called bill of attainder, which [...]
‘No-fly zones’ around airport runways extended following Gatwick and Heathrow drone chaos February 20, 2019 Drones and similar model aircraft will be banned from flying within a five kilometre radius from airport runways following the havoc they wreaked at the Gatwick and Heathrow runways last year. The extended "no-fly zone" for drones and similar aircraft has been extended from one kilometre to five kilometres following recent episodes of disruption. Over [...]
US authorities file criminal charges against Huawei for defrauding banks and corporate espionage January 28, 2019 The US Department of Justice has filed criminal charges against China's largest smartphone maker Huawei, alleging the firm stole trade secrets from US rival T-Mobile and defrauded banks into violating sanctions against Iran. In a 13-count indictment, US prosecutors alleged Huawei, two of its affiliated companies and its chief financial officer committed wire fraud, obstruction [...]
Indivior share price crashes 70 per cent after allegations of fraudulent drug marketing scheme April 10, 2019 Shares in FTSE 250-listed drug company Indivior crashed 70 per cent this morning after it was hit with a US indictment containing 28 felony counts last night. Its shares were down 70 per cent at 31p this morning. Reckitt Benckiser, its former parent company, saw its shares slide six per cent to 6,014p. Read more: Indivior [...]
Huawei founder Ren Zhengfei says US cannot crush his company February 19, 2019 The founder of Huawei said the US cannot “crush” the company, as the country pursues criminal charges against the telecoms giant. Ren Zhengfei told the BBC that the company will shift investment to the UK if the US continues to take action against the firm. Read more: UK security services ‘can manage Huawei 5G risks’ [...]
Deloitte fined in connection with 1MDB corruption scandal January 30, 2019 Big Four accountancy firm Deloitte has today been hit with a 2.2m Ringitt (£409,559) fine by Malaysian regulators for failures in its audit of a firm linked to the scandal-hit 1MDB fund. The Securities Commission Malaysia issued a reprimand and fine for four breaches connected to the 2.4bn Ringitt Sukuk Murabahah Programme, an Islamic bond issued [...]