GENEVA: A former executive who cut a plea deal with US prosecutors told the FIFA trial in New York on Tuesday that media companies including Fox Sports paid bribes to secure television rights to soccer matches. Alejandro Burzaco, the former chairman of an Argentine sports marking company, pleaded guilty in November 2015 to racketeering, wire fraud and money laundering conspiracies and agreed to pay $21.6 million in restitution. In a US federal court he detailed how his Torneos y Competencias S.A. company for more than a…
BRASILIA: Brazil's top federal prosecutor charged President Michel Temer with taking multimillion-dollar bribes on Monday in a stinging blow to the unpopular leader and to political stability in Latin America's largest country. Rodrigo Janot submitted the charge in a document presented to the Supreme Court, saying "he fooled Brazilian citizens" and owed the nation millions in compensation for accepting bribes. Under Brazilian law, the lower house of Congress must now vote on whether to allow the top tribunal to try the…
NEW DELHI: India's highest court Monday barred hundreds of students from becoming doctors after they were caught paying bribes and cheating on exams to gain admission into prestigious medical schools. Around 630 students from central Madhya Pradesh state were found to have copied answers, had proxies sit their exams or just outright paid to gain entry to selective medical colleges between 2008 and 2013. An investigation into the so-called "Vyapam scandal" -- named after the state's admissions board -- recommended the…
WASHNGTON: Public sector corruption siphons $1.5 trillion to $2 trillion annually from the global economy in bribes and costs far more in stunted economic growth, lost tax revenues and sustained poverty, the International Monetary Fund said on Wednesday.
KARACHI: A political party in Karachi has accused the city police of receiving heavy bribe for release of its workers, ARY News reported.
SEOUL: Former South Korean prime minister Lee Wan-Koo was handed an eight-month suspended jail sentence on Friday following his conviction on corruption charges.