Search results
Results From The WOW.Com Content Network
On Transparency International's 2024 Corruption Perceptions Index, Zimbabwe scored 21 on a scale from 0 ("highly corrupt") to 100 ("very clean"). When ranked by score, Zimbabwe ranked 158th among the 180 countries in the Index, where the country ranked first is perceived to have the most honest public sector. [ 4 ]
Following the financial crisis of 2007–2008, and allegations over excessive executive pay, demand for products dropped. Anglo Irish Bank: Ireland: 15 Jan 2009: Banking: After the financial crisis of 2007–2008, the bank was forced to be nationalised by the Irish government. Arcandor: Germany: 9 June 2009: Retail
Not all accounting scandals are caused by those at the top. In fact, in 2015, 33% of all business bankruptcies were caused by employee theft. [14] Often middle managers and employees are pressured to or willingly alter financial statements due to their debts or the possibility of personal benefit over that of the company, respectively.
Willowgate was a 1988–89 political scandal in Zimbabwe involving the illegal resale of automobile purchases by various government officials, uncovered by The Bulawayo Chronicle. The ensuing investigation resulted in the resignations of five members of President Robert Mugabe 's cabinet.
The scam was aided by a network of co-conspirators that included family, friends and employees of the firm, but ultimately it was Schmider and Kleiser who paid the largest price for their crimes; they were both arrested in February 2000 on suspicion of fraud and tax evasion, four years after the authorities were allegedly first tipped off about the fraudulent business practices. [4]
The current investigation involves what is reported to be the largest fraud in banking history. [24] [25] On 11 March 2008, Société Générale announced that another of their employees had been taken into custody in connection with the investigation of the fraud, and their headquarters searched by police. [26] Kerviel's trial began on 8 June ...
The Second Science and Technology Policy asserts the government commitment to allocating at least 1% of GDP to GERD, focusing at least 60% of university education on developing skills in science and technology and ensuring that school pupils devote at least 30% of their time to studying science subjects. [1] [2]
Main page; Contents; Current events; Random article; About Wikipedia; Contact us