According to court documents,, Malaysia’s 1Malaysia Development Berhad (1MDB) and the state government are seeking more than $5.6 billion in damages from KPMG partners for alleged negligence and breaches linked to a corruption scandal at the fund. The audit firm… Read More ›
corruption scandal
Karen Seymour, Goldman Sachs top lawyer leaves bank, second departure from Goldman’s management committee this week
According to a report from Bloomberg citing sources familiar with the matter at hand, Karen Seymour, Goldman Sachs Group Inc’s general counsel is leaving the bank. Karen Seymour, Goldman’s top lawyer, played a pivotal role in negotiations the bank’s settlement… Read More ›
Widening corruption scandal at Airbus spreads across the Atlantic to the U.S.
The use of middle men to pursue military sales is having a material impact on Europe’s biggest airplane maker. On Tuesday, Airbus stated it had uncovered serious issues involving the use of sales agents to sell U.S. arms technology. The… Read More ›