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SEOUL — South Korean President Yoon Suk-yeol conceded on Thursday (May 9) that his ruling party's crushing election defeat last month reflected the government's failure to improve people's lives, and apologised for a scandal involving his wife.
TOKYO (AP) — Japanese automaker Toyota will oversee model certification at its subsidiary Daihatsu to regain trust among dealers, customers and workers after a safety testing scandal, Daihatsu’s new president said Monday.
TOKYO -- Japan's ruling Liberal Democratic Party on Thursday handed down punishments for 39 members involved in a fundraising scandal, but internal confusion and sliding public support will likely continue to haunt Prime Minister Fumio Kishida.
But opposition lawmakers say the party’s probe has failed to fully bring to light the facts surrounding the slush funds and are set to demand further scrutiny, while the punishment may also draw a backlash from LDP members who feel it is unfair, political pundits said.
The decision was made by then-king Sultan Abdullah Ahmad Shah on January 29, a day before his last day in office.
Swiss prosecutors said the PetroSaudi managers were indicted on charges of commercial fraud, aggravated criminal mismanagement and aggravated money laundering, based on events that took place over at least six years.
GENEVA (AP) — Two managers of a Saudi oil exploration company went on trial in Switzerland on Tuesday for alleged fraud and money laundering over a scandal years ago linked to a Malaysian sovereign wealth fund that the U.S. Justice Department once described as the “biggest kleptocracy case” ever.
Malaysia’s king has called on all parties to stop taking advantage of the controversy over the sale of five pairs of socks bearing the word “Allah”, after an escalation of tension that saw death threats aimed at a politician and an attempt to petrol bomb a supermarket branch narrowly fail.