Word: scandalizes
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...been mired in a corruption scandal for the past several years. Police allege he may have taken bribes while serving as a cabinet minister and suspect irregularities in his campaign finances preceding his run for a Knesset seat. Lieberman has repeatedly denied any improper dealings...
Nearly five years after confessing to his role in the world's biggest nuclear-proliferation scandal, the disgraced nuclear scientist Dr. Abdul Qadeer Khan has been set free after securing a surprise court triumph. Bowing to a six-week-old request that he be released from house arrest, the Islamabad High Court on Friday declared Khan "a free citizen," allowing him to walk out of his prolonged sentence. Moments after the decision, the man who in 2004 tumbled from grace after admitting to hawking nuclear secrets to Iran, Libya and North Korea stepped out onto the front porch...
...Khan said. "I am obliged to answer only to my government, not to any foreigners," he continued, signaling that he will continue to resist attempts by officials from the U.S. and the International Atomic Energy Agency (IAEA) to interview him about his role in the world's biggest nuclear scandal. Last year, a United Nations nuclear watchdog said Khan's network was active in 12 countries...
Four weeks to begin an investigation into a massive corporate scandal is a long delay even by the standards of India's sluggish judicial system. That's nearly how long it took for the Securities and Exchange Board of India (SEBI) to get permission from the country's highest court to question the men who were running Satyam Computer Services, India's embattled information technology giant, over the company's $1 billion accounting fraud...
...wanting to acquire a minimum 15% stake in a company must make an open offer to all shareholders based on a 26-week average share price. SEBI wants to waive this requirement to enable more realistic pricing of Satyam's shares, which plunged by more than 70% after the scandal broke and now trade at about $1.27 a share. Satyam's government-appointed board are discussing buyout options this week, but a sale cannot be completed until its accounts are restated, a process that could take several months. The company said this week it secured $133 million in working capital...