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Showing posts with label finance minister. Show all posts
Showing posts with label finance minister. Show all posts

Friday, May 7, 2021

Corruption is Everywhere > Skipping Work for 15 Years; Fake Pfizer Vaccines; Qatar Finance Minister

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Italian hospital worker accused of skipping job for 15 YEARS STRAIGHT while raking in $650,000 in wages, setting national record
22 Apr, 2021 11:49

FILE PHOTO. The Pugliese-Ciaccio Hospital . ©Mollo / Fotogramma via Global Look Press

An Italian man who was supposed to work as a fire response officer at a public hospital has allegedly not been doing his job for a whopping 15 years in a row, while still receiving a salary.

The Italian public sector is infamous for this type of scam, and it appears this particular case sets a new national record for length. It was reported by the press this week, based on an investigation by local law enforcement.

The alleged fraudster, named Salvatore Scumace, was an employee of the Pugliese-Ciaccio Hospital in Catanzaro, the capital of the Calabria region in southern Italy. He was part of the COEI, the hospital’s fire emergency operations center. However, he had not showed up for work since 2005, and was only sacked in October 2020 after his lengthy absence was finally looked into, the media said.

Over the 15 years, Scumace, who is now 67, has allegedly defrauded the hospital out of some 538,000 euros ($648,000) that he unduly received in salary. He is also accused of threatening his COEI superior in 2005 to stop her from making a formal complaint about him skipping work. The manager has since retired, and Scumace’s absence remained unnoticed by her replacement, the police said.

A total of seven people, including Scumace, are being probed in a case of alleged forgery, abuse of power, and extortion. It was unearthed in July 2020 as part of a wider investigation by the Catanzaro police’s financial crimes unit into absentee worker fraud in the city.

Extraordinary! It's so common they keep records for the longest cases!




As if Big Pharma wasn't already bad enough, now we have fake vaccines!

Fake Pfizer vaccines seized in Mexico & Poland contained
distilled water, skin care products – media
22 Apr, 2021 07:39

©  REUTERS/Lisi Niesner/File Photo

Pfizer has reportedly identified for the first time counterfeit doses of its Covid-19 vaccine, with some selling for as much as $1,000. Thankfully no one appears to have been harmed by the scam jabs.

The pharmaceutical giant confirmed through testing that doses of their vaccine seized in Mexico and Poland were fake, the Wall Street Journal reported. 

In Mexico, vials found in beer coolers were initially flagged as suspect due to their fabricated lot numbers and expiration dates. Around 80 people paid as much as $1,000 for the shots, which reportedly contained distilled water. Six people were arrested in February in connection with the black market shots. Fortunately, the fake jabs haven’t been linked to any medical episodes.

In a separate case, Pfizer said it had confirmed that fake doses had been put up for sale in Poland. The counterfeit vaccine purportedly contained hyaluronic acid, which is typically found in anti-wrinkle creams. One person was charged with fraud after an unspecified amount of the fake vials were found in his apartment. Authorities intervened before any of the counterfeit jabs were sold. 

In a statement sent to the media, Pfizer said it recognized that the “ease and convenience of e-commerce and anonymity” on the internet has allowed for an “increase in the prevalence of fraud.” The pharmaceutical firm stressed that it does not sell the vaccine online, adding that it was working with law enforcement agencies and healthcare providers to crack down on the sale of fake doses.

Lev Kubiak, Pfizer's head of global security, said that the limited supply of the vaccine has created a “perfect opportunity” for criminals.

Although the two cases represent the first time that Pfizer has confirmed that its product has been falsified, numerous reports have sprung up in recent months about the sale of fake Covid-19 vaccines. In January, an unlicensed clinic in Ecuador offered patients what it falsely claimed to be a $15-per-dose vaccine against the coronavirus. The place was raided and shut down by authorities. The brand of the fake drug was not identified.

Interpol, the global police coordination agency, has warned countries that criminals could threaten public health by using websites to market fake vaccines and other ‘cures’ for Covid-19.

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Qatar finance minister arrested over misuse of public money
and abuse of power
6 May, 2021 14:36

View of the skyline of the West Bay area in Doha is taken on January 4, 2011 in Doha, Qatar.
© Christof Koepsel / Getty Images; (inset) Ali Shareef Al Emadi © gco.gov.qa

Qatar’s Attorney General Ali Bin Fetais Al-Marri ordered the arrest of the country’s Finance Minister Ali Sharif Al-Emadi on Thursday over allegations of misuse of public money and abuse of power.

State media organization Qatar News Agency (QNA) confirmed that the finance official had been detained and laid out that he was facing charges of embezzlement, abuse of power and crimes linked to the public sector.

“The Attorney General ordered the arrest of the Minister of Finance Ali Sharif Al-Emadi to investigate what was mentioned in the reports of crimes related to practicing public office,” the statement to QNA read.

While the attorney general’s office confirmed an investigation is underway, no information was released stating where Al-Emadi is being held or when he is expected to appear in court. 

Al-Emadi previously worked as the chief executive of the Qatar Central Bank before he was appointed to the role of Qatar’s minister of finance in June 2013 after Sheik Tamim bin Hamad Al Thani took over as Emir of Qatar.

While corruption has plagued some countries in the Middle East, Qatar has been ranked as one of the least corrupt nations in the region. In the 2020 corruption perceptions index, Transparency International gave Qatar a score of 63 out of 100, ranking it as the 30th least corrupt country out of an overall list of 180.

I think you are in for a raise this year!



Saturday, August 31, 2019

Corruption is Everywhere - Today in Indian and South Korean Politics

India’s former finance minister arrested on
corruption charges in overnight raid

FILE PHOTO: Palaniappan Chidambaram © AFP / PAL PILLAI

Indian special forces have raided the house of former finance minister Palaniappan Chidambaram to arrest him on charges of corruption and money laundering.

Shortly after Chidambaram returned home from a press conference at Congress Party headquarters, a Central Bureau of Investigation (CBI) team scaled the wall of his Jor Bagh residence in New Delhi to detain the 73-year-old politician.

The dramatic scenes televised across Indian media showed CBI officers jumping over the locked gate to let the main force inside, while another team entered the house from the back door. The senior Congress leader, accused of clearing foreign investments in exchange for bribes when he was finance minister, was then driven away in a CBI vehicle amid spirited protests outside his house.

CBI and Enforcement Directorate (which investigates financial crimes) officers have been scouting Chidambaram's house since Tuesday, the day the politician went missing after the High Court rejected his plea seeking protection from arrest. Earlier, the Enforcement Directorate issued a lookout notice against him seeking his detention and effectively preventing the politician from fleeing abroad.

At the press conference, the former finance minister denied any wrongdoing and claimed that he was “not hiding from the law” but rather “seeking protection of the law.”

Chidambaram is accused of facilitating Foreign Investment Promotion Board clearance to the INX Media company in 2007 when he was the Finance Minister for Manmohan Singh’s government. Investigators allege that his son Karti received kickbacks after INX Media secured funds equivalent to roughly $41 million.




South Korea's top court orders review of
Samsung heir's bribery case
By Yonhap News Agency

 Former President Park Geun-hye (L), her friend Choi Soon-sil and Samsung Group heir Lee Jae-yong

SEOUL, (UPI) -- South Korea's top court on Thursday ordered a lower court to reconsider its suspended jail sentence for Samsung heir Lee Jae-yong in a massive bribery scandal that led to the ouster of former President Park Geun-hye.

The de facto leader of the country's top conglomerate was initially sentenced to five years in jail in 2017 for bribing a longtime friend of Park as he sought the government's help in succeeding his father and securing control of Samsung Group.

He was freed a year later after the appeals court reduced the term to 2 1/2 years, suspended for four years, dismissing most of the bribery charges against him.

The Supreme Court, however, said Lee should be found guilty of providing about $4.1 million (5 billion won) more worth of bribes to the president's friend Choi Soon-sil, charges excluded from the previous court ruling.

If Lee is reincarcerated following the appeals court's review, it could deal a further blow to the country's top conglomerate already struggling with economic headwinds.

Samsung Electronics, the conglomerate's key unit, has taken a hard hit from South Korea and Japan's trade rift as Japan tightened the supply of key component exports to Korea.

The Chief Justice Kim Myeong-su, who read out the sentence, said there had been a "misunderstanding of legal logic" and "lack of hearings" in the process, overturning part of the previous ruling.

Specifically, Kim said that the three horses, worth $2.8 million, that Samsung gifted to Choi should be considered as bribes. The earlier ruling had excluded them from bribery charges given that Samsung didn't give Choi ownership of the horses.

The top judge also noted that Samsung's $1.3 million donation to a sports foundation run by the Choi family was a planned move relevant to Lee's management succession from his hospitalized father Lee Kun-hee.

"Supreme Court ruling shows that the content or subject of bribery does not have to be detailed ... there is sufficient room to acknowledge that the sports foundation donation is relevant to the president's duty," Kim said.

The latest ruling more than doubled the amount of Lee's bribes to $7 million from $2.96 million. The lower court had only acknowledged the $2.96 million Samsung sent to Choi's Germany-based firm as bribes.

This also indicates a potential leadership crisis for Samsung. Under local law, the court can only hand down a suspension of sentence when the embezzlement amount is less than $4.12 million.

Meanwhile, the Supreme Court also ordered the lower court to review cases involving the former president and her longtime friend Choi. They had been sentenced to 25 years and 20 years in jail, respectively.

Thursday's ruling was broadcast live nationwide via TV and social media, reflecting a nationwide interest in the scandal that rocked the nation.

Tens of millions of people poured into the streets between October and December 2016 to hold candlelight vigils in protest of the massive corruption case.

Park was impeached by parliament in December 2016. The Constitutional Court upheld the impeachment decision in March 2017, permanently removing her from office a year before the scheduled end of her original five-year term.