Senegal court sentences former president's son for corruption
A special court in the Republic of Senegal on Monday sentenced the son of former president Abdoulaye Wade to six years in prison for corruption. Karim Wade was on trial on charges of...
Senegal court sentences former president's son for corruption
A special court in the Republic of Senegal on Monday sentenced the son of former president Abdoulaye Wade to six years in prison for corruption. Karim Wade was on trial on charges of...
Senegalese prosecutors have charged Karim Wade, the son of Senegal's former president Abdoulaye Wade , with corruption for allegedly embezzling USD $1.4 billion during his father's years in office. The corruption claim centers on Wade's acquisition of real...
Treasury Department issues new security review regulations for foreign investments
The US Department of the Treasury issued proposed regulations Monday designed to implement the Foreign Investment and National Security Act of 2007 . In January, US President George W. Bush issued...
Bush issues executive order on increased security review of foreign investments
US President George W. Bush issued an executive order Wednesday "reforming how the United States reviews national security concerns that may arise from foreign investments." The executive order is designed to implement the Foreign Investment and...
Bush signs bill increasing national security review of foreign investments
US President George W. Bush signed the Foreign Investment and National Security Act of 2007 Thursday, expanding the investigative scope of the Treasury Department's Committee on Foreign Investment in the United States...
President Bush on Friday signed a bill designed to strengthen US port security by authorizing $3.4 billion to install radiation detectors, increase random searches of cargo and experiment with checking cargo before it reaches the United...
The US Senate unanimously approved a port security bill Thursday that would require the government to install radiation-detection devices at US ports and to test the feasibility of scanning US-bound cargo overseas. Senators nonetheless...
House, Senate pass bills limiting authority of US foreign investment committee
Both houses of the US Congress passed bills Wednesday that impose investigation guidelines on the Treasury Department's Committee on Foreign Investment in the United States (CFIUS) , the panel that approved a Dubai-owned company to manage...
House supports blocking Dubai ports deal in symbolic vote after sell-off
The US House on Wednesday voted to keep language in an emergency appropriations bill that would block the transfer of operations at six US ports to United Arab Emirates-owned Dubai Ports World ,...
US lawmakers have indicated that they intend to press ahead with a vote next week on legislation to block the transfer of operations at 6 US ports to United Arab Emirates-owned Dubai Ports World. The controversial deal is widely...