44 stories found
Datuk Shahrol Azra, the former CEO of 1Malaysia Development Berhad (1MDB), has stated that there is no deal in place for him to escape a US$5.64 billion civil suit. He also mentioned that no explanation was provided regarding the matter.
Former Google CEO Eric Schmidt is reportedly planning to purchase a Spanish shipyard to further his ocean research ambitions. The shipyard's revenue is said to be less than the operating costs of his superyacht, with Schmidt's nonprofit supporting scientists with research vessels.
A former CEO of Italy's motorway operator and 31 others have been convicted and sentenced to prison for their roles in the 2018 Genoa bridge collapse that killed 43 people. The sentences, including 12 years for the ex-CEO, bring some relief to victims' families after years of legal proceedings.
Hunter Biden has been awarded $1.7 million in a defamation lawsuit against Patrick Byrne, the former CEO of Overstock.com. The judgment was issued after Byrne failed to comply with court orders related to his claims about Biden.
Councillors in Auckland have expressed extreme anger over allegations of significant overspending on the City Rail Link (CRL) project, linked to a former CEO.
Lawyers for Abdul-Wahab Hanan, former CEO of Ghana's National Food Buffer Stock Company, and his wife, Faiza Sayyid Wuni, report being denied access to their clients more than 24 hours after their re-arrest by economic crime officials.
The UK's largest Pride event is reportedly in crisis, with former staff alleging bullying and misconduct under its recently sacked CEO. Insider emails and credit card bills have reportedly exposed the extent of the issues.
The former Chief Executive Officer and Chief Financial Officer of a bankrupt artificial intelligence company have been charged with fraud. The charges follow the company's financial collapse and alleged misconduct by its leadership.
A Paris court has ruled that the former CEO of Lafarge, the world's largest cement maker, paid terrorist groups in Syria to continue operations, leading to his imprisonment.
Ilham Kadri, who served as CEO of the Belgian specialty chemical company Syensqo until the end of last year, reportedly earned more than 40 million euros in 2025.
A competency hearing continued for Michael Jeffries, the former CEO of Abercrombie & Fitch, where a judge heard audio from his prison tapes.
Lululemon has projected a softer outlook for 2026 due to demand strains and has appointed the former CEO of Levi Strauss to its board of directors.
California’s billionaires are stepping up their involvement in state politics with multimillion-dollar donations Sign up for the Breaking News US email to get newsletter alerts in your inbox Tech…
Legal proceedings are underway in Austria concerning the Novomatic Casinos affair, with a criminal complaint filed against former FPÖ leader Heinz-Christian Strache, Novomatic founder Johann Graf, and ex-CEO Harald Neumann.
TAP airline states it did no wrong to its former CEO, Christine Ourmières-Widener, who is contesting her dismissal for just cause and seeking €5.9 million in compensation. The company rejects the idea of a lawsuit against itself.
Pakistan's PDL satellite connectivity has been shifted to the UAE, prompting the former CEO to raise concerns about challenges and advocate for a return to an indigenous network.
US advisers liquidating The Dolphin Company, a Mexican aquatic-theme parks operator, sought permission to sell some parks and their animals despite an ongoing fight with the company’s former chief executive.
ViaQuest has filed a lawsuit against its former CEO and ex-CFO, alleging embezzlement. The legal action seeks to address financial misconduct by the former executives.
The former CEO of Inland Fisheries faced disciplinary action after it was found he had assisted a job candidate by sending them interview questions, as revealed at a WRC tribunal.
Former Google CEO Eric Schmidt was booed by graduates at a University of Arizona commencement ceremony after making remarks about artificial intelligence. The incident quickly went viral online.
Ghana's Minority Leader Alexander Afenyo-Markin has criticized the Economic and Organised Crime Office (EOCO) for the re-arrest of a former Buffer Stock boss and his wife, calling it harassment and an abuse of due process.
Sweden's Supreme Court overturned the fraud conviction of Birgitte Bonnesen, the former CEO of Swedbank, in a high-profile Estonian money laundering case. This decision clears her of charges related to the scandal that led to her dismissal.
The former Chief Executive Officer and Chief Financial Officer of a bankrupt artificial intelligence company have been charged with fraud.
Malaysian Anti-Corruption Commission (MACC) investigators have reportedly uncovered indications of RM203 million in foreign fund flows connected to a former CEO involved in a share sale scandal.
A UK media investigation has revealed that Herbert Wigwe, the late former chief executive of Access Holdings, was among billionaires using offshore tax havens to conceal ownership of 106 properties in London.
Lawyers for former Abercrombie & Fitch CEO Michael Jeffries claim he is incompetent ahead of his October sex trafficking trial, with prison tape recordings reportedly showing him saying doctors "better find me incompetent."
Uber co-founder Travis Kalanick has rebranded his latest venture, City Storage Systems, to Atoms, and is expanding its focus into robotics for the mining and transportation sectors.
The Independent Electoral and Boundaries Commission (IEBC) is seeking Sh888 million to cover the exit package for former CEO Marjan and fund upcoming by-elections.
The former CEO of Iran's fuel company claims that Qatar's LNG shutdown has severely impacted the global economy.
The ex-CEO of collapsed UK contractor Carillion has withdrawn his challenge against a fine for misleading investors, stemming from the company's failure that necessitated government intervention.
Austria's public broadcaster ORF is considering a constitutional complaint against the government due to planned budget cuts, while its former director-general, Roland Weissmann, is suing the company after being dismissed over sexual harassment allegations.
Lloyd's of London has confirmed that its former chief executive, John Neal, breached company rules by failing to disclose a close personal relationship with an employee, following an independent investigation into the matter.
Portuguese airline TAP has lost another appeal against its former CEO, Christine Ourmières-Widener, with the Supreme Court siding with her defense regarding the choice of a civil court for the lawsuit, allowing the process to advance to its merits.
A German bank has reduced its former CEO's bonus by 30% after discovering he had met with a rival company.
A major holder of Fermi has reportedly offered support to another holder amidst an ongoing dispute with the company's former CEO.
Portuguese airline TAP has acknowledged a civil contingency in its 2025 accounts related to a compensation claim filed by former CEO Christine Ourmières-Widener, despite considering payment unlikely.
Gunvor has asserted that a substantial buyout loan from its former CEO will not impede its growth. The company aims to reassure stakeholders about its financial stability and future prospects.
A court in Paris has found cement maker Lafarge guilty of financing terrorism in Syria, with its former CEO, Bruno Lafont, receiving a six-year prison sentence.
Treasure Global has announced that its former CEO, Sam Teo, has been appointed as the acting Chief Executive Officer. This marks a return to leadership for Teo at the company.
Despite arguments from his lawyers that he is unfit, a prison doctor informed a judge that Michael Jeffries, the former CEO of Abercrombie & Fitch, is fit to stand trial for sex trafficking charges.
Defense attorneys for former Abercrombie & Fitch CEO Mike Jeffries are set to argue this week that he has dementia and could "blurt out" during his sex trafficking trial, following his not guilty plea to charges in 2024.
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Tribunal kicks off hearing of hedge fund founder’s appeal against UK financial watchdog
An Indonesian court has jailed nine people in a major corruption case involving subsidiaries of state energy firm Pertamina, including two former chief executives of its units, which prosecutors say caused US$17 billion in state losses. The case, which centres on alleged illegal leasing of a fuel terminal and illegal imports of crude oil, among other offences, is one of the biggest launched under the administration of President Prabowo Subianto, who has vowed to eradicate corruption. The nine...