Italian prosecutors on Friday asked an appeals court to confirm a seven-year prison sentence against former prime minister Silvio Berlusconi for having sex with an underage prostitute and for abuse of power while he was in office.
Just weeks ago, the head of Spanish Wi-Fi firm Let's Gowex was being hailed as a business visionary. Now he's facing court after it emerged he cooked the company books. Meet the disgraced founder of Let's Gowex Jenaro García.
The French judiciary took the unprecedented step yesterday morning of arresting former president Nicolas Sarkozy and placing him in 48-hour investigative detention in Nanterre police headquarters, near Paris.
American packed meals that were sent as military-technical assistance to the Ministry of Defense of Ukraine are being sold on the Internet, instead of being given away to the military. Ukrainian authorities initiated an investigation in connection with the incidents, as was stated by the head of the Center for Military-Political Studies Dmitry Tymchuk on his page on Facebook.
The US was among the first states to congratulate Ukraine's president-elect Petro Poroshenko. Yet real US opinions of the new president are more complicated, as revealed by WikiLeaks cables which refer to the billionaire as a “disgraced oligarch.”
Hunter Biden, son of US VP Joe Biden, is joining the board of directors of Burisma Holdings, Ukraine’s largest private gas producer. The group has prospects in eastern Ukraine where civil war is threatened following the coup in Kiev.
Thailand’s anti-graft commission yesterday found ousted Prime Minister Yingluck Shinawatra guilty of negligence in overseeing a widely criticised rice subsidy programme, a day after a court forced her from office.
Sixty-four politicians from the regional council of Lombardy, one of Italy’s wealthiest regions, have been accused of squandering almost €2.14 million worth of public funds on everything from premium wine and caviar to jars of Nutella and placing bets.
The first minister of Germany's new cabinet resigned on Friday. Hans-Peter Friedrich came under fire when it emerged he passed on information to a party chief about an MP suspected of possessing naked photos of children.
A new trial was due to start in Naples on Tuesday against Italy's scandal-prone former premier Silvio Berlusconi, on charges of bribing an opposition lawmaker to switch over to his side eight years ago.
The first ever European Commission report on corruption has exposed fraud, bribery and graft on what it describes as a 'breathtaking' scale. The headline figure is an astonishing $160 billion. That's the cost to the European economy every year.
In the aftermath of the parliamentary brawl over the manner in which the IMU-BankItalia legislation was forced through the house, it appears that all-out war has broken out between Speaker of the Italian Parliament, Laura Boldrini and Beppe Grillo's Movimento Cinque Stelle.
In a move that drew the ire of legislators from Beppe Grillo's Movimento Cinque Stelle party, a law to create a new ownership structure for the Bank of Italy was coupled together with a provision that freed householders from having to pay the second installment of the household tax and railroaded through parliament. Opposition politicians have claimed that the change to the ownership structure is tantamount to a €7bn bailout of the shareholding banks, all of it taxpayer funded.
Close family members of China’s political elite, including the brother-in-law of President Xi Jinping, have been exposed as operating companies in offshore tax havens, according to leaked financial documents obtained as part of a major international investigation.
Several former Barclays Plc (BARC) traders suspected of involvement in Libor manipulation were ordered to report to U.K. fraud prosecutors for interviews, according to a person with knowledge of the case.
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