Daily

France: BNP Pays Fine For Violating US Sanctions

After lengthy negotiations, BNP Paribas has pleaded guilty to violating US sanctions against Iran, Sudan, and Cuba, put in place by the US Justice Department to trap other large firms and banks within the industry. The plea resulted in an US$8.9 billion penalty, reported The New York Times.

Indonesia: Former Top Judge Gets Life for Corruption

Indonesia’s anti-corruption court has sentenced the former head of the Indonesian Constitutional Court Akil Mochtar to life in prison for bribery and money laundering, the Corruption Eradication Commission confirmed.

Argentina: Judge Charges Vice President With Corruption

A Supreme Court judge has accused Vice President Amado Boudou of bribery and abuse of office in connection with his acquisition in bankruptcy proceedings of a company that printed Argentina’s currency when he was the economic minister.