Tag Archives | Bribery

JP Morgan Chase Donates $4.6 Million To NYPD On Eve Of Protests

167451-occupy-wall-streetWondering how much it costs to buy off the police department? JP Morgan Chase just gave the New York City Police Foundation the largest donation in its history. How the police show their gratitude will presumably determine whether they receive similar donations from companies in the future. Via Naked Capitalism:

No matter how you look at this development, it does not smell right. From JP Morgan’s website, hat tip Lisa Epstein:

JPMorgan Chase recently donated an unprecedented $4.6 million to the New York City Police Foundation. The gift was the largest in the history of the foundation and will enable the New York City Police Department to strengthen security in the Big Apple. The money will pay for 1,000 new patrol car laptops, as well as security monitoring software in the NYPD’s main data center.

New York City Police Commissioner Raymond Kelly sent CEO and Chairman Jamie Dimon a note expressing “profound gratitude” for the company’s donation.

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Nigeria Charges Dick Cheney With Bribery

Georgia US CheneyDick Cheney is facing arrest on corruption charges…in Nigeria. You can’t get much more shady then that. The BBC reports:

Nigeria’s anti-corruption agency is to charge former US Vice-President Dick Cheney over a bribery scandal that involves a former subsidiary of energy firm Halliburton. The case centers on engineering firm KBR, which admitted bribing officials. Mr Cheney was Halliburton’s chief executive before becoming vice-president to George W Bush in 2001.

KBR last year pleaded guilty to paying $180m (£115m) in bribes to Nigerian officials prior to 2007, when it was a subsidiary of Halliburton. The firm agreed to pay $579m (£372m) in fines related to the case in the US. But Nigeria, along with France and Switzerland, has conducted its own investigations into the case.

Mr Cheney’s lawyer, Terence O’Donnell, said US investigators had “found no suggestion of any impropriety by Dick Cheney in his role of CEO of Halliburton.”

“Any suggestion of misconduct on his part, made now, years later, is entirely baseless,” Mr O’Donnell said.

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The Brutal Truth About Rio Tinto’s Bribery Case

Rio Tinto's Australian headquarters are located in the 120 Collins Street building in Melbourne, Australia. Photo: Canley (GNU)

Rio Tinto's Australian headquarters are located in the 120 Collins Street building in Melbourne, Australia. Photo: Canley (GNU)

[disinformation editor's note: the author's native language is not English and he makes numerous spelling and grammar errors. We chose to publish the article notwithstanding this and hope that readers will value the author's opinions nonetheless.]

After nine months of media allegations, finger pointing based purely on hearsay, speculation surrounding the reasons behind the arrest of the four Rio Tinto executives in Shanghai on 5 July 2009, the truth about the actual background of the arrest has finally outweighed the disinformation relentlessly generated by the mainstream media in Australia.

We now know that:

1) The four Rio Tinto executives admitted taking bribes (The Australian, 23 March 2010).

2) One should note that, it was only after the four Rio Tinto executives admitted taking bribes on the 23 March 2010, we then learn on the following day that, ’Secret Rio Tinto probe cleared company but left Stern Hu in doubt’ (The Australian, 24 March 2010).… Read the rest

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