Page 48 - Acb News Today

EnergyBrazils antitrust body CADE postpones deadlines for Petrobras asset sales ReutersTatiana Bautzer 2 minutes read The logo of Brazils state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes Brazils antitrust authority CADE said Wednesday it had postponed deadlines for divestitures by state-controlled oil company Petroleo Brasileiro SA, including its refineries, natural gas pipelines and its stakes in natural gas distribut...

China is preparing a substantial fine for Tencent Holdings (0700.HK) as part of its sweeping antitrust clampdown on the country's internet giants, but it is likely to be less than the record $2.75 billion penalty imposed on Alibaba earlier this month, two people with direct knowledge of the matter said.

“We have hope she will do well.” Malawi President Lazarus Chakwera has appointed fearless legal bulldozer, Ombudsman Martha Chizuma the head of Malawi’s graft-bustling body, Anti-Corruption Bureau (ACB) Solicitor General Reyneck Matemba, who is also coincidentally the former ACB chief confirmed the development. The industrious and results-oriented Chizuma, who has made history as the first woman to become ACB’s director is awaiting to be confirmed by Public Appointments Committee of Par...

State House says president Lazarus Chakwera is now set to appoint a new director of the graft busting body, the Anti-corruption Bureau (ACB) following recent job interviews. At least three candidates, including Ombudsman Martha Chizuma were shortlisted for the from which Chakwera is to appoint one name. Director of Communications and Executive Assistant to the […]

“ACB needs the powers to bite.” Malawi’s graft bustling body, Anti-Corruption Bureau (ACB) wants to break free and be independent from political interference and relieved of the legal requirement that entails them to seek consent from the office of the Director of the Public Prosecutions (DPP) to prosecute cases. Recently, ACB conducted interviews to hire a new head after its former boss’s contract expired and Ombudsman Martha Chizuma is tipped to become the next ACB director after she ...

TechnologyChina probes food delivery giant Meituan amid antitrust squeeze Reuters 3 minutes read China launched an antitrust investigation into food delivery giant Meituan (3690.HK), the market regulator said on Monday, the latest target in a crackdown on the countrys sprawling internet platform economy. The State Administration for Market Regulation (SAMR) said in a statement that its investigaton was focused on the practice whereby a company forces vendors to use their platform exclusively, k...

FinanceU.S. Supreme Court curbs FTCs power to recoup ill-gotten gains ReutersLawrence HurleyAndrew ChungDiane Bartz 1/2 Signage is seen at the Federal Trade Commission headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly Read More The U.S. Supreme Court on Thursday made it more difficult for the Federal Trade Commission to force scam artists and companies that engage in deceptive business practices to return ill-gotten gains obtained from consumers, ruling in favor of a...

Screenshot of CCTV footage MUMBAI: An Andheri (east) based finance consultant has been booked by the MIDC police for mercilessly hitting a local community dog with a rod, which was also captured by a CCTV camera in his society. Animal activists of Pal Adoption and Rescue Group helped an animal lover to lodge the FIR. "We got to know earlier this week that a local resident of Shantinagar cooperative housing society in Andheri (east), identified as Mahesh Shetye who is in his early 30s, had crue...

The former Kangra Central Cooperative (KCC) Bank manager Kamal Dev Bhogal and his assistant Sandeep Kumar were recently arrested for swindling the bank of ₹2.39 crore by faking papers in 2017, reports H

Rajasthan: 2 govt officers, agent held in graft case, Rs 91 lakh seized ANI | Updated: Apr 11, 2021 11:13 IST Ajmer (Rajasthan) [India], April 11 (ANI): The Anti Corruption Bureau (ACB) arrested two Rajasthan Administrative Services (RAS) officers and their agent and seized Rs 91 lakh from their residence under the Prevention of Corruption Act. The officers were posted in Ajmers Revenue Board and identified as B L Meharda (1996-batch) and Sunil Sharma (1994...