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Business 7 years ago
Nissan wary of Ghosn rekindling coup theory
Ghosn is said to believe that his arrest was the result of a coup carried out by senior Nissan officials who were against his plan to integrate Nissan and French automaker Renault SA. It’s possible he will step up criticism of the Nissan leadership.
National 7 years ago
Ex-warden faces nine years in prison for alleged bribery
Prosecutors demanded on Wednesday that the Bandung Corruption Court sentence the former head of Sukamiskin Penitentiary, Wahid Husen, to nine years in prison and fine him Rp 400 million (US$28,275) for allegedly taking bribes from prisoners.
Business 7 years ago
Ex-Nissan chief Ghosn pays bail, set to leave Japan cell
Dozens of journalists gathered outside the jail in northern Tokyo from dawn on Wednesday, but prosecutors could still prevent the release by filing new allegations against Ghosn, who already faces three charges of financial misconduct.
SE Asia 7 years ago
Vietnam arrests ex communications ministers for corruption
Two former communications ministers were arrested in Vietnam Saturday for mismanaging public funds over their alleged roles overseeing the purchase of a loss-making TV firm that would have cost the state millions of dollars. Truong Minh Tuan and Nguyen Bac Son are under investigation for "violation of regulations on the management and use of public capital causing serious consequences," the Ministry of Public Security said. Their arrests come amid an unprecedented anti-corruption drive that echoes China's crackdown on graft. Dozens of bankers, businessmen and officials have been jailed in Vietnam since 2016 when the campaign took root. Some observers say the drive is politically motivated. Tuan and Son are accused of illegally approving the purchase of private television company Audio Visual Global (AVG) in 2015 by the state-run telecommunication firm Mobifone.AVG and Mobifone did not go through with the purchase in the end but offi...
