Justice Financial News

German software giant SAP will pay more than $220 million in fines to resolve U.S. bribery allegations involving payments to foreign government officials

A public inquiry into a British Post Office scandal that led to the wrongful convictions of more than 900 branch managers has resumed

Online retailer eBay has agreed to pay a $3 million fine to resolve criminal charges over employees who harassed a Massachusetts couple by sending live spiders, cockroaches and other disturbing items to their home

Iran’s navy has seized an oil tanker in the Gulf of Oman that once was at the center of a major crisis between Tehran and Washington, a seizure that further escalates tensions in the Mideast waterways

A legal adviser to the European Union’s top court says Google should pay a whopping fine in a long-running antitrust case

Lok Sabha Secretariat on Thursday revoked the disqualification of BSP leader Afzal Ansari as a member of the Lower House after the Supreme Court conditionally suspended his conviction in a Gangsters Act case. While suspending his sentence in December last year, the apex court had said that Ansari will not be entitled to participate in House proceedings.

West Bengal government to respond to an anticipatory bail plea filed by Union minister of state for home affairs Nisith Pramanik in connection with an attempt to murder case lodged against him in 2018. Issuing notice on Pramanik's plea, a bench headed by Justice Bela M Trivedi listed the matter for resumed hearing on January 12. The case is related to a Cooch Behar resident who was shot in 2018 allegedly at the behest of Pramanik. The police subsequently registered a criminal case against the Union minister on charges of attempt to murder and under relevant sections of the Arms Act.

By Nate Raymond

(Reuters) — Morgan Stanley is close to an agreement to pay $200 million to $300 million to settle a U.S. investigation into its employees' handling of big stock sales, Bloomberg News reported on Thursday.

Dubai: An oil tanker once at the center of a crisis between Iran and the United States was boarded in the Gulf of Oman by “unauthorized" men in military uniforms early on Thursday morning, an advisory group run by the British military and a private security firm warned. Details remained unclear in what was apparently the latest seizure of a vessel in the tense Middle East waterways.

Calcutta High Court on Thursday ordered an interim stay on proceedings in an FIR against Enforcement Directorate (ED) officers who went to search the properties of TMC leader Shajahan Sheikh in Sandeshkhali on January 5. The ED moved the court praying for quashing of the FIR lodged at the Nazat police station in North 24 Parganas district against its officials, claiming that false allegations were foisted against them.

Maharashtra assembly speaker Rahul Narwekar for recognising Chief Minister Eknath Shinde-led party as the «real» Shiv Sena, claiming the Constitution has been trampled upon by recognising a «gang of thieves». The people of the state will not forgive those behind this, an editorial in the Sena (UBT) mouthpiece 'Saamana' said while also targeting the ruling Bharatiya Janata Party. Addressing a news conference here, Sena (UBT) MP Sanjay Raut claimed Narwekar was entrusted with doing justice, but he acted as Shinde's lawyer.

Gaza, as Prime Minister Benjamin Netanyahu publicly rebuffed for the first time calls by some right-wing ministers to permanently occupy the enclave. As Israel's war in Gaza continued to rage, the International Court of Justice in The Hague, also known as the World Court, was to hold hearings on Thursday and Friday in a case brought by South Africa in December claiming Israel's war against Hamas militants in Gaza violates the 1948 Genocide Convention.

(Reuters) -SAP, the German software company, agreed to pay about $222 million to resolve two investigations into bribery schemes in seven countries, U.S. authorities said on Wednesday.

By David Shepardson

Britain’s Prime Minister Rishi Sunak says he will introduce measures to overturn the convictions of more than 900 post office branch managers who were wrongly accused of theft or fraud because of a faulty computer system

Crypto companies received more fines for poor money controls than traditional financial firms for the first time ever in 2023, according to data compiled by the Financial Times.

International Labour Organisations has projected the global unemployment rate a tad higher at 5.2% in 2024 compared to 5.1% in 2023 and said that working poverty will persist while the income inequality will widen, suggesting a need for greater social justice for a sustainable recovery. In its World Employment and Social Outlook Trends: 2024 report, released on Wednesday, the ILO said labour markets have shown surprising resilience despite deteriorating economic conditions, but recovery from the pandemic remains uneven as new vulnerabilities and multiple crises are eroding prospects for greater social justice. According to the report, both the unemployment rate and the jobs gap rate, which is the number of persons without employment who are interested in finding a job, have fallen below pre-pandemic levels with the unemployment rate at 5.1% last year compared to 5.3% in 2022. “However, beneath these numbers fragility is starting to emerge,” it said, projecting that both the labour market outlook and global unemployment will worsen. “In 2024 an extra two million workers are expected to be looking for jobs, raising the global unemployment rate from 5.1% in 2023 to 5.2%.” As per the report, disposable incomes have declined in the majority of G20 countries and, generally, the erosion of living standards resulting from inflation is, “unlikely to be compensated quickly”. Pointing towards the differences between higher and lower income countries, ILO said the jobs gap rate in 2023 was 8.2%t in high-income countries while it stood at 20.5% in the low-income group.

Israel is sending top legal minds, including a Holocaust survivor, to The Hague this week to counter allegations that it is committing genocide against Palestinians in Gaza. The robust engagement with the International Court of Justice is unusual for Israel, which normally considers the United Nations and international tribunals as unfair and biased. The decision to participate rather than boycott reflects Israeli concerns that the judges could order Israel to halt its war against Hamas and tarnish its image internationally.

Rahul Gandhi’s rally from Hapta Kangjeibung ground in Imphal East district on January 14 is under active consideration. The government is taking reports from various security agencies and after getting reports the government will take a decision. The Manipur government is yet to give permission to use the Hapta Kangjeibung ground in Imphal East district for the launch of Bharat Jodo Nyay Yatra.

The CEO of JetBlue is stepping down, and he's being replaced by the first woman to head a major U.S. airline