Corruption | featured news

Giuseppe Orsi of the the Italian state-controlled defense group Finmeccanica was arrested in an investigation centered on the sale of helicopters to the Indian government.

Former Rep. Jesse Jackson Jr. has signed a plea deal regarding the inappropriate use of official funds, Fox News has learned. Details of the deal are unclear, but Fox News has learned that it also pertains to a "social acquaintance" of the former Illinois Democratic congressman.

The former city leader is given a 1-year sentence, plus probation, community service and must pay $17,000 in restitution... A former Cudahy mayor was sentenced Monday to a year in federal prison for his part in taking $17,000 in bribes from a man who wanted to open a medical marijuana dispensary in the city in southeast Los Angeles County.

Even among China's jaded internet users, this was big news: Li Jianguo, a Communist official operating at the very top of the party, was under investigation for corruption.

Spain's governing Popular Party announced Saturday that it will investigate the financial activities of a former treasurer whom a court said had amassed an unexplained €22 million ($29 million) in Swiss bank accounts.

Pakistan's Supreme Court ordered the arrest of the prime minister on Tuesday on corruption allegations, ratcheting up pressure on a government that is also facing street protests led by a cleric who has a history of ties to the army.

Fear of embarrassment and budget cuts led California parks officials to intentionally conceal millions of dollars in a department account, according to an investigation conducted by the state attorney general's office.

NEW DELHI — He was supposed to be a faceless accountant, but he has become a household name in India and perhaps the central actor in the nation’s battle against corruption. The slim, silver-haired Vinod Rai is the government’s chief auditor, a man appointed on the recommendation of the prime minister more than five years ago. Now he has turned into one of the government’s greatest scourges, a hero to many but a source of controversy to others.

Former Argentine finance minister Felisa Miceli is sentenced to four years in jail for corruption after about $52,000 was found in her office bathroom. A court found her guilty of covering up an allegedly illegal financial operation and of obstructing justice.

The Indian joint venture of Wal-Mart Stores Inc has suspended its chief financial officer and other employees as it investigates alleged violations of U.S. anti-bribery laws, a development that could hamper India's efforts to open its domestic supermarket sector to foreign investment.