“That harm was borne principally and in the first instance by the people of Malaysia, who saw a fund created to benefit them… instead turned into a piggybank for corrupt public officials and their cronies,” said Brian Rabbitt, acting assistant attorney general of the Justice Department’s criminal division.
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Petrol retailers told to pass on fuel duty cut
admin, , Business, 0
The RAC believes that supermarkets often wait for long sustained drops in wholesale prices before they cut their forecourt...
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Sainsbury’s boss: We are not profiting from high prices
admin, , Business, 0
While the headline rate of food inflation was around 19%, that didn’t mean households were spending 19% more on...
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Temu: Risk fast-fashion website uses forced labour
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The US has increased its scrutiny of Chinese-made products as political tensions rise. The two countries embarked on a...
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Government borrowing costs rise after PM’s U-turn
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“It’s unlikely that the removal of Kwasi Kwarteng as chancellor and the new plans to cancel the cancellation of...
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Asda in cheap food promise after Jack Monroe complaints
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She criticised Asda for discontinuing some budget products, such as a bag of rice sold online for 45p and...
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Retailers call for ‘Shop Out to Help Out’ scheme when stores reopen
admin, , Business, 0
She and her business partner Kim will spend up to £1,000 on reopening promotional activities, including giving away a...
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121 business chiefs sign letter backing Labour
admin, , Business, 0
Dozens of business leaders have signed a letter endorsing the Labour Party’s economic plans ahead of the 4 July...
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Taylor Wimpey sets aside £125m for cladding and fire safety repairs
admin, , Business, 0
The company’s chief executive, Peter Redfern, told the BBC: “What we’re trying to do is make sure we’re pick...
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