A federal jury on Wednesday convicted Birmingham, Alabama, Mayor Larry Langford on multiple bribery charges. Langford was accused of directing $7.1 million in bond business to a friend in exchange for money and luxury goods while serving as president of the Jefferson County Commission . Following six days of testimony, the jury deliberated for less [...]

READ MORE

The Paris Court of Appeals on Thursday refused to hear an embezzlement case brought by the anti-corruption group Transparency International (TI) against the late president of Gabon, the president of the Democratic Republic of Congo (DRC), and the president of Equatorial Guinea. The complaint accused the late Omar Bongo of Gabon, Denis Sassou-Nguesso of the [...]

READ MORE

US President Barack Obama on Wednesday signed the Department of Homeland Security Appropriations Act of 2010 into law, which allows for Guantanamo Bay detainees to be transferred to the US for prosecution. The bill allocates $42.78 billion for the Department of Homeland Security (DHS) and, among other provisions, requires certain information about each transferred detainee [...]

READ MORE

US President Barack Obama on Wednesday signed into law a defense appropriations bill that contains a measure extending the definition of federal hate crimes to include crimes motivated by gender, sexual orientation, gender identity, or disability. The president hailed the National Defense Authorization Act for Fiscal Year 2010 (NDAA) as a law containing long sought [...]

READ MORE

The US House Financial Services Committee voted 49-14 Wednesday to approve new regulations governing investment rating agencies. The Accountability and Transparency in Rating Agencies Act , sponsored by Paul Kanjorski (D-PA) , modifies the Securities Exchange Act of 1934 , giving the Securities and Exchange Commission (SEC) the authority to monitor and punish ratings agencies. [...]

READ MORE