Word: sham
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Dates: during 1980-1989
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...spur to Colino's peculation was his authority to spend up to $500,000 without consulting Intelsat's board. In one instance, Colino helped create a contract for sham construction work, broke it into three smaller contracts of less than $500,000 each, and pocketed some of the money himself. In another deal, the Government charged, Colino created a Panamanian consulting company that billed Intelsat for fees; these were in turn siphoned into Colino's Swiss bank account...
...desire to withdraw from what he called a "bleeding wound," and the Soviets have even hinted that a national unity government might involve inviting back King Mohammed Zahir Shah, deposed in 1973. Yet their highly publicized pullout of 6,000 troops from Afghanistan last fall was an ill- disguised sham. Other soldiers soon took their place. The crucial test is not whether the Soviets will agree to a cease-fire, which would merely ratify the occupation, but whether they will permit a new government not under Moscow's thumb...
...route to Damascus has posed a challenge to travelers. The Syrian capital is walled away from the West and from the Mediterranean by the double massif of the Lebanon and Anti-Lebanon ranges, rising to 10,000 ft. In other directions, the city is surrounded by the Badiya as-Sham, the great Syrian Desert, where, for seven months of the year, the relentless sun becomes a blinding enemy. But while the physical obstacles to Damascus remain, other barriers appear to be falling. Its economy in tatters, its army mired in Lebanon and its alignment with Iran a growing burden, Syria...
Prosecutors claim that Biaggi received $3.6 million in Wedtech stock after threatening to undermine the SBA's support for the company. Among those indicted was a former SBA regional administrator who is alleged to have approved a sham arrangement masking the fact that Wedtech no longer had majority Hispanic ownership. "If Wedtech was the proverbial American success story," said U.S. Attorney Rudolph Giuliani, "these charges raise serious questions about the way we practice politics and conduct business in the city, state and nation...
...rocking Stellenbosch. The traditional relationship between the university and the ruling Afrikaner establishment has been shattered. The faculty is in intellectual rebellion against the state, and students have been discussing much more than rugby since March 6, when 27 professors and senior lecturers denounced Botha's reforms as a sham and resigned from the National Party...